Homes for sale - 185 Cornwallis DR NW, Calgary, AB T2K 1V4

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Sano Stante

sano@sanostante.com +1(403) 850-2555

$949,000

Est. payment - /mo

4 Beds

4 Baths

1,980 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $479

Subdivision Cambrian Heights

MLS® Listing ID A2219804

Style Bungalow

Bedrooms 4

Full Baths 4

Originating Board Calgary

Year Built 1958

Annual Tax Amount $4,494

Tax Year 2024

Lot Size 6,856 Sqft

Acres 0.16

Property Sub-Type Detached

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!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-CG

Direction N

Rooms

Basement Separate/Exterior Entry, Finished, Full, Walk-Out To Grade

Interior

Interior Features Jetted Tub, Open Floorplan, Vinyl Windows

Heating Forced Air

Cooling None

Flooring Ceramic Tile, Hardwood

Inclusions 3 fridges, 3 stoves, dishwasher, washer, dryer

Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Laundry Common Area

Exterior

Parking Features Off Street, Single Garage Attached

Garage Spaces 1.0

Garage Description Off Street, Single Garage Attached

Fence Partial

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Balcony(s), Deck

Lot Frontage 100.0

Total Parking Spaces 1

Building

Lot Description Back Lane, Corner Lot

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Brick,Wood Frame,Wood Siding

Others

Restrictions None Known

Tax ID 95215873

Ownership Private

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Listed by Real Estate Professionals Inc.

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Sano Stante Real Estate Marketing

+1(403) 289-3435