314 8 Avenue NE Calgary, AB T2E 0P9

$525,000
2
Beds
1
Baths
0.07
Acres
748
SQFT
702
$/SQFT
$525,000
2
Beds
1
Baths
748   sf
$702 / sf
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active
1/25
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**Charming Inner-City Bungalow with Development Potential – Crescent Heights**This adorable 1910 bungalow is full of character and charm, offering a rare opportunity to own a single-family home in the heart of Crescent Heights—just steps from downtown Calgary, transit, shops, and restaurants. With its warm curb appeal, well-maintained interior, and functional layout, this 2-bedroom home is ideal for first-time buyers, young professionals, or anyone seeking the lifestyle benefits of inner-city living.But the real value lies in the future potential. Located next to a revenue-generating property also available for sale, this lot forms part of a combined 50' x 120' parcel with **M-CG zoning**, opening the door to higher-density redevelopment (subject to city approval). Whether you're looking to live in now, hold and rent, or plan for future infill development, this is a unique opportunity to enjoy the best of both worlds: **a cozy inner-city home today and long-term growth tomorrow**.Perfect for homeowners, investors, or builders seeking flexible options in one of Calgary's most walkable and established neighbourhoods.

**Charming Inner-City Bungalow with Development Potential – Crescent Heights**This adorable 1910 bungalow is full of character and charm, offering a rare opportunity to own a single-family home in the heart of Crescent Heights—just steps from downtown Calgary, transit, shops, and restaurants. With its warm curb appeal, well-maintained interior, and functional layout, this 2-bedroom home is ideal for first-time buyers, young professionals, or anyone seeking the lifestyle benefits of inner-city living.But the real value lies in the future potential. Located next to a revenue-generating property also available for sale, this lot forms part of a combined 50' x 120' parcel with **M-CG zoning**, opening the door to higher-density redevelopment (subject to city approval). Whether you're looking to live in now, hold and rent, or plan for future infill development, this is a unique opportunity to enjoy the best of both worlds: **a cozy inner-city home today and long-term growth tomorrow**.Perfect for homeowners, investors, or builders seeking flexible options in one of Calgary's most walkable and established neighbourhoods.

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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. Last updated: 2025-05-01 07:44:21
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Property details

Community Features

  • No HOA

Exterior features

  • Deck
  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Basement Unfinished

Style

  • Bungalow
  • One Story
  • Ranch / One Story
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