CORNER LOT | DP APPROVED FOR 6 UNITS | LOCATED IN THE HEART OF CALGARY | DOUBLE DETACHED GARAGE | ILLEGAL BASEMENT SUITE | 3 BED UP + 2 BED DOWN | WEST BACKYARD |
Situated on a large corner lot, this property offers exceptional redevelopment potential in the highly sought-after community of Capitol Hill—right in the heart of the city. Zoned R-CG and DP-APPROVED, this lot opens the door to a TRIPLEX with 3 LEGAL SUITES (a total of 6 spacious units). The DP is approved for approximately 1400 sf AG units plus legal basement suites. The prominent corner positioning enhances design flexibility, accessibility, and overall project appeal—an ideal setup for builders and developers looking to maximize value. The existing home features an illegal basement suite and is combined with a highly desirable west-facing backyard which makes this property especially attractive. Capitol Hill is known its demand for rental and for its proximity to downtown Calgary, SAIT, the University of Calgary, transit, parks, and major amenities, making it a consistently desirable area for all. Opportunities like this—large corner lot, flexible zoning, and prime inner-city location—are rare. Whether you’re looking to build, hold, or generate income, this property checks all the boxes.
Data was last updated April 25, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$819,000
Min list price:
$628,800
Max list price:
$1,249,900
Avg days on market:
25
Min days on market:
2
Max days on market:
213
Avg price per sq.ft.:
$567.08
These statistics are generated based on the current listing's property type
and located in
Capitol Hill. 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.