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1128 Jamieson Avenue NE
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This property offers a rare opportunity to build your custom home on a prime 40' x 128' R-CG lot in one of Calgary’s most sought after inner-city communities. This exceptional property offers 180° views of downtown Calgary and the Rocky Mountains. Located on a quiet residential street, the property boasts rare dual access to both Jamieson Avenue at the front and Drury Avenue at the rear, making it attractive to develop a substantial home and a laneway suite with convenient access. The Development Permit for a dream home and laneway unit designed by Calgary architecture firm THAD has already been conditionally approved and is ready for you, or make this lot come to life with custom designs of your own. Additionally, a geotechnical slope stability assessment has been completed allowing you to move forward with confidence capturing the dramatic skyline views from this sought-after hillside location. Situated in highly desirable Bridgeland, named a Top 5 Calgary community by Avenue Magazine, this location is renowned for its vibrant atmosphere, strong community feel, and unbeatable accessibility. Enjoy seeing downtown from your front door just minutes from downtown, with immediate access to Bow River pathways, parks, green spaces, public transit, recreation facilities, restaurants, shops, and top-rated schools, all within walking distance. With stunning cityscape views, this property offers the perfect foundation for an elevated urban lifestyle. Whether you are a builder, investor, or future homeowner, this is a truly exceptional opportunity to create something special in one of Calgary’s most prestigious neighbourhoods. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.97%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,936
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 20, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
4.0 km away
4.6 km away
7.0 km away
8.6 km away
Al Madinah Islamic Centre
9.1 km away
Elementary
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
3.9 km away
4.4 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
4.5 km away
Halal grocery
Amir Halal Meats & Grocery
4.0 km away
Shaheen Grocery, Bakery & Halal Meat
7.4 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.