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Calgary · Single Family · under $675,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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1339 11 Avenue SE
Rare corner lot in one of Calgary's most sought-after inner-city communities. This flat, R-CG zoned parcel measures approximately 19.04m x 24.92m (5,100+ sq ft) and offers exceptional redevelopment potential in a location where quality infill opportunities are becoming increasingly scarce. The corner configuration provides enhanced design flexibility, improved site access, additional street frontage, and the potential to create a standout project in a highly desirable neighbourhood. Whether you're planning rowhouses, townhomes, duplex development, or a custom luxury build (subject to City approvals), this site offers the zoning and dimensions builders are actively seeking. The existing bungalow is configured as two self-contained suites, providing valuable holding income while development plans are prepared. Investors and builders alike will appreciate the opportunity, while securing a premium redevelopment site for the future. Positioned just steps from Inglewood's vibrant main street, the property enjoys walkable access to restaurants, breweries, boutique shopping, parks, river pathways, and downtown Calgary. This is a rare chance to acquire a corner redevelopment parcel in one of Calgary's most established and continually evolving urban neighbourhoods. Buy and hold, redevelop immediately, or secure a premium land position in a proven inner-city market—opportunities like this are increasingly difficult to find. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.50 Ft x 6.75 Ft | |
| Bedroom | 8.92 Ft x 9.92 Ft | |
| Bedroom | 11.83 Ft x 8.92 Ft | |
| Dining room | 6.08 Ft x 6.17 Ft | |
| Kitchen | 11.75 Ft x 7.75 Ft | |
| Recreational, Games room | 20.33 Ft x 11.25 Ft | |
| Furnace | 7.75 Ft x 8.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 4.75 Ft | |
| Bedroom | 11.58 Ft x 9.58 Ft | |
| Dining room | 8.00 Ft x 13.83 Ft | |
| Kitchen | 10.83 Ft x 10.83 Ft | |
| Laundry room | 6.67 Ft x 10.92 Ft | |
| Living room | 11.00 Ft x 13.83 Ft | |
| Bedroom | 14.92 Ft x 9.92 Ft |
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
-1.14%
Cap rate
4.64%
GRM
13.9
Break-even rent
$3,875
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 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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