185 Cornwallis Drive NW, Calgary, Alberta, T2K 1V4
185 Cornwallis Drive NW, Calgary, Alberta, T2K 1V4
Cambrian Heights, Calgary
- $869,000
- $869,000
- A2258677
- 4
- 4
- 1980.22
- 0.16
- 1958
Property Description
ATTENTION DEVELOPERS & INVESTORS: Exceptional CORNER LOT in sought-after Cambrian Heights! This RCG corner lot comes complete with a Development Permit (DP) package ready to be submitted to the City 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!
Property Details
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Property Type Detached, Residential
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MLS Number A2258677
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Property Size 1980.22 sqft
-
Bedrooms 4
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Bathrooms 4
-
Garage 1
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Year Built 1958
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Property Status Active
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Parking 1
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Brokerage name Real Estate Professionals Inc.
Features & Amenities
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