Investment signal

$589,000

132 44 Avenue NE

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Skip the delays and start building immediately. This prime RC-2 zoned lot backs onto a beautiful off-leash greenspace and offers unobstructed panoramic views to the North, East, and South.A rare, fully entitled development opportunity—complete with approved Development Permit for a thoughtfully designed duplex with basement suites. All architectural plans and supporting documents are included, saving you time and significant soft costs. With demolition already complete, the site is fully prepped and ready for excavation. No uncertainty, no waiting—just a streamlined path to construction and profit.Opportunities like this don’t come around often—secure a project that’s truly shovel-ready. (id:65958)

Subtype
Vacant Land
Community
Highland Park
Common interest
Freehold
Lot size
7,018 square feet
Lot dimensions
7018.00
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Annual tax
$2,824.39 (2025)
Zoning
R-CG
Photos
1
MLS#
A2286670
Area
CALGARY_NE

Features and systems

Lot

Cul-de-sac

Community

Golf Course Development
Negative cash flow ~$671/mo at these assumptions

Cash on cash

-6.84%

Cap rate

3.50%

GRM

16.6

Break-even rent

$3,657

Financing

Down payment$117,800
Loan amount$471,200
Mortgage$2,388/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$270
Insurance$80
Maintenance$491
CapEx reserve$245
Vacancy loss$148

Estimates 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.

Mortgage estimate

Estimated $2,388/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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