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**Rare Investment and Redevelopment Opportunity in Charleswood** Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property. The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants. The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex. The approved Development Permit and building plans are included in the listing documents. This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood. **Please note:** The Development Permit is currently under appeal.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 10/26/2026 |
|---|---|---|---|
| TRACT | Charleswood | YEAR BUILT | 1960 |
| GARAGE SPACES | 1.0 | COUNTY | Calgary |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Range, Refrigerator, Washer/Dryer |
| BASEMENT | Exterior Entry, Finished, Full, Yes |
| CONSTRUCTION | Asphalt, Concrete, Stucco |
| EXTERIOR | Private Yard |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Granite Counters |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Garage |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Charleswood |
| TAXES | 5004 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with SkaiRise Realty
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.
Data last updated 10/26/26 10:44 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
