Golf Course - Primary on Main
Address
3 Creston Crescent Nw, Calgary, AB
Price
$ 899,000
Property Attributes
  • ID#A2342846
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityCalgary
  • CityCalgary
  • AreaBanff Trail
  • NeighbourhoodBanff Trail
  • Postal CodeT2M 4J9
  • StyleBungalow
  • Year Built1956
  • Price$ 899,000
  • Bedrooms3+4
  • Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1248
Data Source:
Canadian Real Estate Association (CREA)
Property Description

50’ R-CG LOT | FRONTING GREEN SPACE | POTENTIAL 100’ CORNER ASSEMBLY | PRIME BANFF TRAIL LOCATION A rare opportunity in the heart of Banff Trail, this 50' x 120' property combines established rental income with meaningful long-term redevelopment potential in one of Calgary's most connected inner-city locations. The property retained its R-CG land use following the repeal of Calgary's blanket rezoning and sits in a transit-oriented area where significant higher-density redevelopment is already underway. It currently generates solid income with the three main-floor bedrooms rented individually plus two illegal lower suites, creating immediate holding income while a future plan takes shape.The location is a major part of the story. University LRT Station is nearby, with the University of Calgary campus just west of the property and SAIT/AUArts, downtown and the rest of the Red Line easily accessible. McMahon Stadium, Foothills Athletic Park and Foothills Aquatic Centre are all close by, along with Foothills Medical Centre and Alberta Children’s Hospital. Elementary, junior high and high schools are all located right in the community, while West Confederation/Canmore Park offers pathways, a pump track, splash park and an abundance of green space. The Banff Trail Community Association, local restaurants and coffee shops, North Hill Centre, Brentwood Village and everyday services are also within easy reach.The 1,248 sq ft main level offers a bright, functional layout with hardwood flooring through much of the living space, a large front living room, separate dining area, practical kitchen, three bedrooms and a full bathroom. The lower level adds approximately 1,109 sq ft and includes two illegal suites, each with kitchen and bathroom facilities, plus common laundry. Outside, the mature lot offers a private backyard, detached double garage, small storage shed and additional rear parking. Across the front of the home, a landscaped green space runs along Creston Cresce nt, adding a more open outlook, while additional street parking provides everyday convenience.From an investment perspective, the land is the long-term differentiator. The R-CG designation, TOD context and nearby higher-density redevelopment create a strong foundation for future consideration. There is also potential to explore an assembly with the neighbouring parcel to the south, which could create approximately 100' of frontage, subject to neighbour availability, terms and independent verification. Buyers can hold the property with income in place today while considering future redevelopment, higher density use or an assembly strategy, all subject to City approvals and due diligence. A compelling Banff Trail opportunity where income, location and future land value come together. Welcome Home…or to your next project! (id:7434)

General Features

Features Back lane, No Animal Home, No Smoking Home
Community Features Golf Course Development
Property Type Single Family
Zoning Description R-CG
CommunityName Banff Trail
Amenities Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping
Building Appliances Washer, Gas stove(s), Dishwasher, Dryer, Microwave, Window Coverings
Building Architectural Style Bungalow
Building Basement Features Separate entrance, Suite
Building Cooling Type None
Parking Space Total 4
Foundation Type Poured Concrete
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type Full (Finished)
Construction Material Wood frame
Construction Style Attachment Detached
Flooring Type Carpeted, Hardwood, Tile
Living Area Range 1248
Bedrooms 3+4

Exterior Features

Land Amenities Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping
Exterior Finish Vinyl siding
Fence Type Fence

Room Details

Room Dimensions Level Flooring Details
3pc Bathroom 10.42 Ft x 5.33 Ft Basement
4pc Bathroom 7.42 Ft x 7.75 Ft Main level
Bedroom 10.83 Ft x 8.50 Ft Main level
Dining room 12.25 Ft x 10.08 Ft Main level
Furnace 9.17 Ft x 4.42 Ft Basement
Kitchen 13.25 Ft x 12.25 Ft Main level
Laundry room 7.00 Ft x 5.67 Ft Basement
Living room 18.50 Ft x 12.25 Ft Main level
Other 12.33 Ft x 10.50 Ft Basement
Primary Bedroom 12.25 Ft x 11.17 Ft Main level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T2M 4J9

Price
AVG $900K
$900K
Year Built
AVG 1956
1956

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