OPEN HOUSE | SATURDAY JUNE 28th | 12-2PM. Rare Redevelopment & Investment Opportunity in Mount Pleasant | Zoned R-CG | Corner Lot with Approved Plans. Seize a rare and strategic investment opportunity in Mount Pleasant, one of Calgary’s most desirable inner-city communities—just steps from Confederation Park. This prime 7,728 SQ.FT. corner lot offers expansive redevelopment potential and consistent rental income today, with immense upside for tomorrow. Zoned R-CG and positioned on a valuable corner laneway, this property has already been rezoned by current owners and is ideally suited for tandem townhomes, offering a total of 8 potential doors. Development options include: retaining the existing attached duplex and building two tandem infills at the rear (approved plans with basement suites available upon request), a complete teardown and redevelopment into a new fourplex with or without legal basement suites OR your own dream home taking advantage of this very special cul-de-sac location. This flexibility makes it ideal for developers looking to leverage the lot’s dual frontage and maximize density as well as for savvy buyers looking for premium land value in this high growth location. Opportunities like this, with rezoning and plans already in place, are increasingly rare in Mount Pleasant. The existing property features: A well-maintained, south-facing side-by-side duplex (1009 and 1011) plus an oversized, fully finished triple tandem garage that can accommodate 6 vehicles, offering additional rental income. Residence 1009 (Vacant) features 1,275 SQ.FT. with 2 bedrooms + flex room, main floor laundry, large south-facing deck, and 575 SQ.FT. of undeveloped basement. Recent upgrades include new carpet, lighting, full paint, and sod (May 2025). Residence 1011 (Tenanted) features 1,275 SQ.FT. with 4 bedrooms and a partially finished basement including 3-piece bath, laundry, and play area. Tenants wish to stay beyond current lease. Additional property highlights: Ne wer windows (approx. 3 years old) Recently replaced washer/dryer units (2 years ago) Bathroom and appliance upgrades (within the last 5 years) Roof approx. 15 years old. Potential for future upper-level views of downtown Calgary and Nose Hill Park. Located within walking distance to schools, minutes from downtown, University of Calgary, Foothills & Children's Hospitals, and the green spaces of Confederation Park, this location continues to attract high-quality tenants and end-users alike. With ongoing development transforming Mount Pleasant into a hub of modern infill projects, this property stands out as a cornerstone opportunity for builders, investors, and forward-thinking buyers. Contact us today for access to architectural plans, permitting documents, or to schedule a private viewing. (id:55577)
Property Features
- MLS® Number A2233334
- Price $1,295,000
- Bedrooms: 6
- Bathrooms: 5
- Square Footage: 2551 sqft
- Community Name: Mount Pleasant
- Amenities Near By Park, Playground, Recreation Nearby, Schools, Shopping
- Features Cul-de-sac, Back Lane, Closet Organizers
- Parking Space Total 8
- Plan 3150p
- Structure Deck
Open House
This property has open houses!
June
28
Saturday
Starts at:
12:00 pm
Ends at:2:00 pm
Buildings
| Bathroom Total | 5 | Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 | Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Hood Fan |
| Basement Development | Partially Finished | Basement Type | Full (partially Finished) |
| Constructed Date | 1969 | Construction Style Attachment | Attached |
| Cooling Type | None | Exterior Finish | Brick, Stucco, Vinyl Siding |
| Flooring Type | Carpeted, Hardwood | Foundation Type | Poured Concrete |
| Half Bath Total | 2 | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Stories Total | 2 |
| Size Interior | 2551 Sqft | Total Finished Area | 2551.16 Sqft |
Parking
| Oversize | |
| Garage | |
| Detached Garage | |
| See Remarks | |
| Tandem |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Park, Playground, Recreation Nearby, Schools, Shopping | Landscape Features | Landscaped, Lawn |
| Size Depth | 55.46 M | Size Frontage | 12.92 M |
| Size Irregular | 718.00 | Size Total | 718 M2|7,251 - 10,889 Sqft |
| Size Total Text | 718 M2|7,251 - 10,889 Sqft | Zoning Description | R-cg |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Lower Level | Recreational, Games Room | 27.42 Ft x 15.00 Ft |
| Lower Level | Furnace | 15.00 Ft x 11.50 Ft |
| Lower Level | Recreational, Games Room | 21.00 Ft x 14.92 Ft |
| Lower Level | Furnace | 17.42 Ft x 15.00 Ft |
| Lower Level | 3pc Bathroom | 8.33 Ft x 4.50 Ft |
| Main Level | Kitchen | 10.75 Ft x 9.75 Ft |
| Main Level | Primary Bedroom | 15.33 Ft x 9.50 Ft |
| Main Level | Breakfast | 11.50 Ft x 8.00 Ft |
| Main Level | Living Room | 15.33 Ft x 11.67 Ft |
| Main Level | Dining Room | 11.42 Ft x 10.00 Ft |
| Main Level | Laundry Room | 5.17 Ft x 3.50 Ft |
| Main Level | 2pc Bathroom | 6.00 Ft x 3.25 Ft |
| Main Level | Kitchen | 11.50 Ft x 11.50 Ft |
| Main Level | Breakfast | 11.50 Ft x 5.58 Ft |
| Main Level | Living Room | 15.33 Ft x 11.67 Ft |
| Main Level | Dining Room | 11.42 Ft x 10.00 Ft |
| Main Level | Laundry Room | 5.17 Ft x 3.50 Ft |
| Main Level | 2pc Bathroom | 6.00 Ft x 3.25 Ft |
| Upper Level | Bedroom | 12.92 Ft x 9.75 Ft |
| Upper Level | Other | 9.08 Ft x 8.67 Ft |
| Upper Level | 4pc Bathroom | 8.67 Ft x 6.83 Ft |
| Upper Level | Primary Bedroom | 13.00 Ft x 9.75 Ft |
| Upper Level | Bedroom | 9.08 Ft x 8.75 Ft |
| Upper Level | Bedroom | 9.50 Ft x 8.75 Ft |
| Upper Level | Bedroom | 8.00 Ft x 6.25 Ft |
| Upper Level | 4pc Bathroom | 8.67 Ft x 6.83 Ft |
Agents and Offices
- Barb A. Richardson
- Kym Barton
- Office: Sotheby's International Realty Canada