185 Cornwallis Drive NW, CALGARY

2025-05-10
 

Quick Summary

Location
185 Cornwallis Drive NW, CALGARY, Alberta T2K1V4
Price
$899,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1980 sqft
Bedrooms:
3 bed +1
Bathrooms:
4
Year of Construction:
1958

MLS®#A2219804

Property Description

ATTENTION DEVELOPERS & INVESTORS: Exceptional opportunity in sought-after Cambrian Heights! This RCG corner lot comes complete with a Development Permit (DP) package for a 4-unit, 3-storey townhouse project—each with legal basement suites. Ideally located off a major thoroughfare with convenient back alley access and close to multiple transit routes. Currently on the property is an expansive 1,980.22 sq. ft. mid-century bungalow, a former Phase 2 Cambrian Heights show home, offering 3,529 sq. ft. of total developed space. The main level boasts one of the largest kitchens we’ve seen in a bungalow of this era, with a spacious and light-filled living and dining area. Original oak hardwood flooring throughout, complemented by ceramic tile in the kitchen. The main floor includes 3 generously sized bedrooms and a large bathroom with a jetted tub. Downstairs features two illegal suites, each with private entrances: A 1-bedroom + den walkout suite with full kitchen, bath, and hardwood flooring. A recently refinished bachelor suite with full kitchenette, bathroom, and new hardwood floors. In total, the home offers 5 bedrooms + den and 4 full bathrooms, making it ideal for strong cash-flow potential. Estimated rental income could easily reach $5,000/month+, offering the ability to carry holding costs while preparing for development. This is a rare and unique property that won’t last in today’s market. Act quickly to secure your piece of Cambrian Heights! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Schools, Shopping

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Features: Separate entrance, Walk out
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Brick, Wood siding
  • Fireplace: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Size: 1980 sqft
  • Building Type: House
  • Stories: 1

Features

  • Feature: Back lane, PVC window

Land

  • Land Size: 637 m2|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Structure

  • Structure: Deck

Zoning

  • Description: R-CG

Information entered by Real Estate Professionals Inc.
Listing information last updated on: 2025-08-05 18:20:35


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$500,000

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