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$999,000

1436 22 Avenue NW

Capitol Hill, Calgary, Alberta

4 bed·2 bath·Detached·MLS® A2336468·12h ago

About this home

Rare inner-city development opportunity in highly sought-after Capitol Hill. Situated on a 50’ x 120’ lot and zoned H-GO, this property comes with an approved City of Calgary development permit for 10 units, offering a substantial head start and reducing entitlement risk for the next owner. The existing bungalow and detached garage provide flexibility for interim holding or immediate redevelopment. Full renderings, development drawings, and building plans are available, allowing a buyer to move directly into the next phase of execution. Ideally positioned for an experienced developer or investor seeking a well-located multifamily project with scale, certainty, and significant upside. Located in one of Calgary’s established and consistently sought-after inner-city infill corridors, this is an opportunity to acquire a development-ready site with much of the preliminary work already completed. Property is sold “as is, where is.” (id:66681)

Property details

Bedrooms
4
Bathrooms
2
Half baths
0
Year built
1948
Property type
Residential
Building type
Bungalow
Nearby amenities
Golf Course Development
Parking
Detached Garage (4)
Zoning
H-GO
Community
Capitol Hill
MLS®
A2336468
Days on market
0

Location

Listing information last updated 12h 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

$199,800 (20%)

Base loan amount$799,200

$4,874 / month

First payment: $3,615 interest, $1,258 principal