HUGE INVESTMENT POTENTIAL – BUILDERS, AND SAVVY INVESTORS, TAKE NOTE!! This rare 80’x125’ R-CG CORNER LOT in the heart of RICHMOND offers an incredible opportunity to build in one of Calgary’s most desirable inner-city communities. This legally suited bungalow can be a great long term hold rental property or house hack, making it a perfect income generating investment. With city approval, this large 8,880 sq/ft lot can also be developed into a dream property! Ideally located just minutes from MARDA LOOP, SANDY BEACH PARK, and a short drive to DOWNTOWN. This property is also close to Mount Royal University and Crowchild Trail, making the location perfect for any investment strategy. The upper level features two spacious bedrooms, warm hardwood flooring, a cozy fireplace, a bright 4pc bathroom, and both living and family room areas that create a welcoming and functional space. The kitchen is bright and functional with large corner windows and an eating area. The lower level is a legal, registered one bedroom suite, with a large living room area and a full bathroom. The basement NEWLY RENOVATED KITCHEN has vinyl plank flooring and lots of storage. The lower level also features shared laundry, lots of storage, and newer furnace installed in 2021. The roof was just re-done in 2021, the deck and patio were updated in 2023. Whether you're looking to build, or hold as a rental property, this is a rare and valuable investment opportunity in one of Calgary’s most walkable and centrally located gorgeous neighbourhoods. DON’T MISS OUT on this opportunity, reach out, come and take a look for yourself!
Data was last updated October 18, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$1,099,000
Min list price:
$270,000
Max list price:
$2,399,900
Avg days on market:
30
Min days on market:
1
Max days on market:
211
Avg price per sq.ft.:
$533.77
These statistics are generated based on the current listing's property type
and located in
Richmond. 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.