Exceptional opportunity in sought-after Shaganappi on a full 50' x 130' (604 sqm) R-CG zoned lot, ideally located just a short walk to the CTrain and minutes to downtown Calgary. This prime inner-city development site with strong potential for multi-unit development (subject to city approval), is perfectly suited for builders and investors looking to capitalize on one of Calgary's most active communities. The existing 1951 bungalow offers 937 SQFT of living space, with two bedrooms and one full bath, and is clean, livable and rentable - providing valuable holding income while you plan your project. Situated on a quiet street with ongoing million dollar redevelopment, this property benefits from excellent access to transit, downtown, schools, parks and amenities. Whether you are looking to build a multi-family project, hold as an investment, or a secure a premium inner city lot for future development, this is a rare opportunity to acquire a property where location, lot size and zoning align. Opportunities like this on full 50' lots in Shaganappi are scarce - don't miss your chance to secure a high-potential development site in a prime location. This property is being sold as-is where-is with no warranties or representations.
Data was last updated April 9, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$899,000
Min list price:
$169,900
Max list price:
$2,295,000
Avg days on market:
23
Min days on market:
6
Max days on market:
80
Avg price per sq.ft.:
$463.59
These statistics are generated based on the current listing's property type
and located in
Shaganappi. 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.