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DSSP APPROVED | DEVELOPMENT LOT | DEVELOPMENT PERMIT APPROVED | SHOVEL READY TO BUILD 4 TOWNHOUSES WITH 4 BASEMENT SUITES. Located in Calgary's premier and highly sought-after community of Varsity, just minutes from the University of Calgary, Foothills Hospital, Market Mall, and the LRT, this property presents a RARE investment and development opportunity. Take ADVANTAGE of the already approved Development Permit and begin construction immediately, saving valuable time, costs, and uncertainty in the planning process. The existing home features 6 bedrooms, offering excellent holding income potential by renting out individual rooms while preparing for redevelopment. Whether you are an investor, builder, or developer, this is a turnkey opportunity in one of Calgary's most established and desirable neighbourhoods with strong long-term demand and exceptional future potential.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 8/22/2026 |
|---|---|---|---|
| TRACT | Varsity | YEAR BUILT | 1967 |
| GARAGE SPACES | 2.0 | COUNTY | Calgary |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Electric Range, Refrigerator, Washer/Dryer |
| BASEMENT | Exterior Entry, Finished, Full, Yes |
| CONSTRUCTION | Metal Siding |
| EXTERIOR | Garden |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | See Remarks |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Back Yard, Cleared, Corner Lot, Rectangular Lot |
| PARKING | Garage |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Varsity |
| TAXES | 4827 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Diamond Realty & Associates Ltd
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Data last updated 8/25/26 10:00 AM PDT
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