1507 1 Street NE Calgary, AB T2E3B7

$649,998
5
Beds
2
Baths
0.13
Acres
787
SQFT
825
$/SQFT
$649,998
5
Beds
2
Baths
787   sf
$825 / sf
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BUILDER & INVESTOR ALERT! Exceptional redevelopment opportunity in the highly desirable community of Crescent Heights, located on a quiet cul-de-sac with excellent future potential. This M-CG d72 zoned 50 x 115 ft lot offers fantastic possibilities for builders, developers, and investors. Whether you’re considering townhomes, duplex development, or future redevelopment opportunities, this property deserves your attention.This bungalow features a separate entrance with a separate basement illegal-suite. The main floor offers 2 bedrooms, a full 4-piece bathroom, and a kitchen. The basement includes 2 additional bedrooms, a den, 3-piece bathroom, kitchen area, and shared laundry space.Conveniently located just minutes from downtown, with quick access to Centre Street, future Green Line LRT access, major bus routes, SAIT, schools, shopping, and other amenities. Incredible investment potential in one of Calgary’s most sought-after inner-city communities!

BUILDER & INVESTOR ALERT! Exceptional redevelopment opportunity in the highly desirable community of Crescent Heights, located on a quiet cul-de-sac with excellent future potential. This M-CG d72 zoned 50 x 115 ft lot offers fantastic possibilities for builders, developers, and investors. Whether you’re considering townhomes, duplex development, or future redevelopment opportunities, this property deserves your attention.This bungalow features a separate entrance with a separate basement illegal-suite. The main floor offers 2 bedrooms, a full 4-piece bathroom, and a kitchen. The basement includes 2 additional bedrooms, a den, 3-piece bathroom, kitchen area, and shared laundry space.Conveniently located just minutes from downtown, with quick access to Centre Street, future Green Line LRT access, major bus routes, SAIT, schools, shopping, and other amenities. Incredible investment potential in one of Calgary’s most sought-after inner-city communities!

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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: 2026-07-01 04:52:30
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Basement Full

Style

  • Bungalow
  • One Story
  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Jun 20, 20261 mo agoPrice decreased50,001 (7%)$649,998
May 30, 20262 mos agoPrice decreased59,999 (8%)$699,999
May 15, 20262 mos agoNew on market$759,998
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