Property Attributes
- ID#A2341910
- TypeSingle Family
- Listing Status Active
- CityCalgary
- AreaCAL Zone NW
- NeighbourhoodMontgomery
- Postal CodeT3B 1A5
- StyleBungalow
- Year Built1955
- Price$ 715,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage886
- Lot Size0.144536 Acres
Data Source:
Pillar 9 Technologies
Property Description
Rare opportunity to own a property with a LEGAL suite in Montgomery, combined with R-CG zoning and exceptional redevelopment potential. This revenue generating property offers a unique opportunity for investors, developers, or homeowners looking to capitalize on both rental income and future development possibilities. This 2+2 bedroom property features a LEGAL basement suite with both levels designed as fully self-contained living spaces. Each level offers 2 bedrooms, a living area, full bathroom, full kitchen with appliances, and separate laundry. The property is currently owner-occupied, but when fully rented, it has the potential to generate over $3,500/month in rental income, making this an excellent option for investors looking for strong holding income while benefiting from the property's future redevelopment potential. The R-CG zoning adds significant flexibility and upside for developers and investors. Depending on plans and approvals, potential redevelopment options may include a 4plex, attached development, or attached homes with legal secondary suites. Situated on a corner lot in an established and desirable location, the property is close to schools, parks, shopping, the Bow River, and major transportation routes. Whether you're looking to live in the property, generate rental income, hold for future redevelopment, or take advantage of the R-CG zoning, this property offers multiple ways to create value.
| Price History | |
|---|---|
| 9/6/2026 | Listed $744,000 |
| 9/21/2026 | 4$715,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Roof | Asphalt Shingle |
| Appliances | Dishwasher,Dryer,Range Hood,Refrigerator,Stove(s),Washer,Window Coverings |
| Zoning | R-CG |
| Restrictions | None Known |
| Year Built | 1955 |
| Architectural Style | Bungalow |
| Community Features | Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights |
| Levels | One |
| Property Subtype | Detached |
| Transaction Type | For Sale |
| County | Calgary |
| Property Type | Residential |
| Subdivision Name | Montgomery |
| Parking Total | 4 |
| Construction Materials | Vinyl Siding,Wood Frame |
| District | CAL Zone NW |
| Full Baths | 2 |
| Status | Active |
| City | Calgary |
| Basement Development | Finished |
| Structure Type | House |
| Standard Status | Active |
| Condo Type | Not a Condo |
| Suite | Yes |
Interior Features
| Interior Features | Laminate Counters,Separate Entrance,Storage,Vinyl Windows |
|---|---|
| Basement | Full |
| Flooring | Ceramic Tile,Hardwood,Laminate |
| Basement Features | Separate/Exterior Entry |
| Bedrooms Above Grade | 2 |
| Rooms Above Grade | 5 |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 782.00 |
| Below Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 2 |
| Laundry Features | Multiple Locations |
| Main Level Finished Area | 886.00 |
| Main Level Finished Area Metres | 82.31 |
| Main Level Finished Area SF | 886.00 |
| Main Level Finished Area Srch Sq | 886.00 |
| Main Level Areas | SquareFeet |
Exterior Features
| Exterior Features | None |
|---|---|
| Lot Features | Back Lane,Back Yard,Corner Lot,No Neighbours Behind,Triangular Lot |
| Fencing | None |
| Inclusions | 2 Refrigerator,2 Stove(s) |
| Parking Features | Concrete Driveway,Parking Pad |
| Frontage Length | 30.18M 99`0 |
| Foundation | Poured Concrete |
| Lot Size Acres | 0.14 |
| Lot Size Square Feet | 6296 |
| Frontage Ft | 99.02 |
| Patio And Porch Features | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T3B 1A5
In The Neighbourhood
Calgary
$ 984,999
- Type
- Single Family
- Size
- 2,057 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Calgary
$ 4,750,000
- Type
- Single Family
- Size
- 6,639 SqFt
- Rooms
- 7 Beds + 8.5 Baths
Calgary
$ 1,899,999
- Type
- Single Family
- Size
- 1,874 SqFt
- Rooms
- 3 Beds + 3.5 Baths
Calgary
$ 739,000
- Type
- Single Family
- Size
- 991 SqFt
- Rooms
- 5 Beds + 2 Baths
Calgary
$ 899,000
- Type
- Single Family
- Size
- 2,603 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Calgary
$ 1,160,000
- Type
- Single Family
- Size
- 2,791 SqFt
- Rooms
- 6 Beds + 4.5 Baths
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.
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.