**50’ x 120’ SOUTH-FACING Lot in HIGHLAND PARK – Prime for Development or Rental Investment!** Welcome to 132 41 Ave NW, a fantastic opportunity whether you’re looking to BUILD, HOLD, OR RENT in one of Calgary’s evolving inner-city neighbourhoods. Nestled in Highland Park, this 50-FT X 120-FT, R-CG ZONED LOT is perfect for future development, with infills already reshaping the community. Highland Park is a highly sought-after area for developers and renters alike, thanks to its unbeatable accessibility and charm. This home is situated on a quiet, tree-lined street, just minutes from major roadways like Centre Street, 4th Street NW, and 16th Ave. It’s a straight shot to downtown (just a 10-minute drive), making it ideal for commuters. The future Green Line LRT expansion will further boost accessibility and property value! For renters, the location is a dream! It’s close to SAIT, the University of Calgary, James Fowler, and Foothills Hospital, making it perfect for students and professionals. Shopping, restaurants, and coffee shops in Crescent Heights, Tuxedo Park, and North Hill Centre are all nearby. Plus, with multiple parks, playgrounds, and Confederation Park Golf Course just down the road, outdoor lovers will appreciate the green space. For investors, this property is a TURNKEY RENTAL OPPORTUNITY. The home has been updated with NEW FLOORING and an UPDATED KITCHEN featuring modern cabinetry, a stylish backsplash, and a large breakfast bar—perfect for tenants. The large living room is bright and welcoming, thanks to the home’s South-facing windows. The main floor also features two good-sized bedrooms, a 4-pc bath, and a separate laundry space. Downstairs, the illegal basement suite (with a separate entrance) adds rental flexibility and offers an updated kitchen & paint. With separate laundry and plenty of storage, it’s a functional space for tenants. The detached oversized double garage provides extra rental income or storage potential, and the spacious backyard offers incredible potential for new construction or a lush, sun-filled outdoor space. This property is perfect for builders looking for a prime lot, investors seeking multiple revenue streams, or homeowners wanting to live in a high-growth community. The potential here is huge! Don’t miss your chance to own a fantastic piece of Highland Park real estate—whether you choose to develop, hold, or rent, this one is a winner!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
828.49 sq. ft.77 m2
Main Level Finished Area:
828.49 sq. ft.77 m2
Lot Area:
5,997 sq. ft.557 m2
Lot Frontage:
49'11½"15.2 m
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
4
Year built:
1954
(Age: 71)
Bedrooms:
2
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0
(Full:1, Half:0)
Plan:
6482GN
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Oversized
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
Laundry Room, Lower Level
Highland Park (Calgary)
Dryer, Electric Stove, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11'2"3.40 m × 10'8"3.25 m
Main Floor
Kitchen
13'2"4.01 m × 12'11"3.94 m
Main Floor
Living Room
18'1"5.51 m × 11'7"3.53 m
Main Floor
Bedroom - Primary
11'8"3.56 m × 10'9"3.28 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 7'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, No Animal Home, Separate Entrance, Storage
Data was last updated February 28, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$799,500
Min list price:
$159,900
Max list price:
$1,375,000
Avg days on market:
36
Min days on market:
1
Max days on market:
168
Avg price per sq.ft.:
$484.33
These statistics are generated based on the current listing's property type
and located in
Highland Park. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.