Exceptional opportunity to own a 52' x 120' R-CG zoned corner lot with a side lane in the highly desirable inner-city community of Banff Trail. This premium property offers outstanding redevelopment potential in one of Calgary's most established and rapidly transforming infill neighbourhoods.
Ideally located just steps from William Aberhart High School, Banff Trail School, and minutes to the University of Calgary, SAIT, Foothills Medical Centre, McMahon Stadium, LRT stations, and downtown Calgary, this location provides excellent connectivity, strong rental demand, and exceptional long-term investment value.
The existing home has been well maintained and renovated, with a move-in-ready upper level. The basement also offers excellent income potential, making it an ideal holding property while future redevelopment plans are considered. Whether you're an investor, builder, or developer, this property provides immediate revenue opportunities together with the flexibility to build in one of Calgary's strongest inner-city growth corridors.
Corner lots with R-CG zoning and side-lane access in Banff Trail are increasingly difficult to find. Don't miss this opportunity to secure a premium redevelopment property in one of Calgary's most sought-after communities.
Data was last updated August 2, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$1,083,000
Min list price:
$199,800
Max list price:
$1,949,000
Avg days on market:
31
Min days on market:
1
Max days on market:
201
Avg price per sq.ft.:
$607.3
These statistics are generated based on the current listing's property type
and located in
Banff Trail. 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.