An exceptional opportunity awaits discerning investors and developers in the desirable inner-city community of Spruce Cliff. This prime 50x120ft lot, boasting coveted H-GO zoning, offers immense potential for those looking to maximize their returns in Calgary's dynamic real estate market. This isn't just a lot; it's a blank canvas for significant redevelopment in a mature and amenity-rich west-side location.
Whether your strategy is immediate redevelopment, a smart rent-and-hold approach, or a blend of both, this property delivers. The existing bungalow features a fully finished and updated main level, complemented by a self-contained basement suite (illegal suite). Recent significant updates provide immediate value and peace of mind, including a new furnace (December 2023), hot water tank (April 2023), refreshed floors on the main level (June 2024), a new fridge (July 2024), and brand-new fencing, deck, and stairs (all 2024). This means you can secure a stable income stream while you finalize your development plans, minimizing immediate capital outlay.
Spruce Cliff itself is a community renowned for its established charm, mature trees, and exceptional connectivity. It's already a top choice for redevelopment, with many streets boasting a significant number of infill properties and townhouse developments, and many more on the horizon. Future residents will benefit from effortless access to downtown, the extensive pathways of Edworthy Park, Westbrook LRT Station, local shops, and excellent schools.
Seize this compelling investment in one of Calgary's premier development locations. Book your showing today!
Data was last updated June 7, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$424,950
Min list price:
$274,900
Max list price:
$2,495,000
Avg days on market:
24
Min days on market:
1
Max days on market:
134
Avg price per sq.ft.:
$447.52
These statistics are generated based on the current listing's property type
and located in
Spruce Cliff. Average values are
derived using median calculations.
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.