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$899,000
185 Cornwallis Drive NW
Calgary, Alberta, Alberta, T2K1V4
MLS® Number: A2219804
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!
Building information
Type
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Appliances
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Architectural Style
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Basement Development
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Basement Features
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Basement Type
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Constructed Date
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Construction Material
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Flooring Type
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Foundation Type
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Half Bath Total
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Heating Type
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Size Interior
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Stories Total
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Total Finished Area
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Land information
Amenities
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Fence Type
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Sunroom
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Primary Bedroom
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Living room
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Kitchen
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Foyer
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Dining room
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Bedroom
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Bedroom
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5pc Bathroom
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Basement
Furnace
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Storage
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Recreational, Games room
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Office
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Living room
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Kitchen
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Kitchen
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Bedroom
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4pc Bathroom
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3pc Bathroom
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3pc Bathroom
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Courtesy of Real Estate Professionals Inc.
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