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$1,979,800

2812-2816 24 Street NW

Banff Trail, Calgary, Alberta

11 bed·7 bath·Detached·MLS® A2276068·1mo ago

About this home

*****Lot not impacted by City Repeal, Lot was RCG before Blanket Zoning*****Lot Assembly Redevelopment Opportunity at Banff Trail, ***** A rare and compelling land assembly opportunity in the heart of Banff Trail, one of Calgary’s most established and sought-after infill communities. This offering includes two adjacent parcels—2816 and 2812 24 Street NW—creating a prominent corner redevelopment site with a combined lot size of approximately 12,430 square feet (two lots measuring 52 ft x 120 ft each). Strategically located steps from William Aberhart High School and within close proximity to the University of Calgary, SAIT, McMahon Stadium, Foothills Medical Centre, and downtown Calgary, this site benefits from exceptional connectivity, transit access, and long-term redevelopment appeal. The surrounding area continues to see strong infill and multi-family development, reinforcing its position as a prime inner-city investment location. The properties are currently improved with well-maintained and renovated homes. Upper levels are in move-in condition, while the basement holds approved short-term rental permit, offering immediate income potential for investors seeking a long-term hold while planning future redevelopment. Whether repositioning for multi-family redevelopment or securing a premium inner-city land assembly in a high-growth corridor, this is a standout opportunity to acquire a truly strategic asset in Calgary. (Sale includes LINC numbers 0020659546 and 0020659538.) (id:66681)

Property details

Bedrooms
11
Bathrooms
7
Half baths
1
Year built
1955
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Stove, Hood Fan, Washer & Dryer
Parking
Detached Garage (1)
Zoning
R-CG
Community
Banff Trail
MLS®
A2276068
Days on market
213

Location

Listing information last updated 1mo ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$395,960 (20%)

Base loan amount$1,583,840

$9,658 / month

First payment: $7,165 interest, $2,494 principal