Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.
Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.
The property is currently improved with a bungalow duplex configuration: one side is tenant-occupied, and the other side includes an illegal basement suite and is presently vacant, offering immediate flexibility for investors or future planning.
The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.
An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals.
Data was last updated April 5, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$269,999
Min list price:
$156,900
Max list price:
$2,199,000
Avg days on market:
38
Min days on market:
1
Max days on market:
283
Avg price per sq.ft.:
$363.83
These statistics are generated based on the current listing's property type
and located in
Bankview. Average values are
derived using median calculations. This data is not produced by
the MLS® system.