Excellent investment or redevelopment opportunity in the highly sought-after inner-city community of Glendale! This 5,490 sq. ft. MU-1 zoned lot offers exceptional versatility for investors, developers, or buyers looking to live up and rent down. The main floor features three bedrooms and a full bath, while the lower (illegal) suite includes two bedrooms, a full bath, and shared laundry with additional storage. When fully occupied, rental income was approximately $1,600/month upstairs, $1,400/month downstairs (shared utilities), and $300/month for the double detached garage. Both suites are currently vacant—providing quick possession and flexibility to set new rents or move forward with redevelopment plans. Ideally located close to schools, parks, shopping, transit, and with easy access to downtown, this property presents strong upside potential in one of Calgary’s most desirable inner-city neighbourhoods.
Data was last updated November 8, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
6,470
Avg list price:
$569,000
Min list price:
$15,000
Max list price:
$13,500,000
Avg days on market:
41
Min days on market:
1
Max days on market:
770
Avg price per sq.ft.:
$405.51
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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.