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$869,000
Alberta,Calgary
For Sale Active
185 Cornwallis Drive NW, Calgary, Alberta T2K1V4
  • 4
  • 4
  • 1,980 Sqft
Basic Details
Description

ATTENTION DEVELOPERS & INVESTORS: Exceptional CORNER LOT 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! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2258677
  • Price: $869,000
  • Bedrooms: 4
  • Bathrooms: 4
  • Square Footage: 1,980 Sqft
  • Year Built: 1958
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 54692
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Finished, Full, Separate entrance, Walk out
  • Fence: Partially fenced
  • Parking: Other, Attached Garage
  • Architectural Style: Bungalow
  • Exterior Features: Brick, Wood siding
  • Flooring: Ceramic Tile, Hardwood
Address Map
  • Location: CA, Alberta, Calgary, Cambrian Heights, T2K1V4
  • Street: Cornwallis
  • Street Number: 185
  • Street Suffix: Drive
  • Longitude: W115° 54' 20.6''
  • Latitude: N51° 5' 14.2''
  • Street Dir Suffix: Northwest
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 637.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 5015
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Listing updated: 2025-09-24 13:28:04
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Listing Information
  • List Agent Key: 1918383
  • List Office Key: 54692
  • Modification Timestamp: 2025-09-23T18:55:43Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2025-09-23T18:42:23Z
Powered by REALTOR.ca
Listing updated: 2025-09-24 13:28:05

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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