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Calgary · Single Family · under $2,150,000 · 10+ bed · 6+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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2812-2816 24 Street NW
*****Lot not impacted by City Repeal, Lot was RCG before Blanket Zoning*****Lot Assembly Redevelopment Opportunity at Banff Trail, ***** A rare and compelling land assembly opportunity in the heart of Banff Trail, one of Calgary’s most established and sought-after infill communities. This offering includes two adjacent parcels—2816 and 2812 24 Street NW—creating a prominent corner redevelopment site with a combined lot size of approximately 12,430 square feet (two lots measuring 52 ft x 120 ft each). Strategically located steps from William Aberhart High School and within close proximity to the University of Calgary, SAIT, McMahon Stadium, Foothills Medical Centre, and downtown Calgary, this site benefits from exceptional connectivity, transit access, and long-term redevelopment appeal. The surrounding area continues to see strong infill and multi-family development, reinforcing its position as a prime inner-city investment location. The properties are currently improved with well-maintained and renovated homes. Upper levels are in move-in condition, while the basement holds approved short-term rental permit, offering immediate income potential for investors seeking a long-term hold while planning future redevelopment. Whether repositioning for multi-family redevelopment or securing a premium inner-city land assembly in a high-growth corridor, this is a standout opportunity to acquire a truly strategic asset in Calgary. (Sale includes LINC numbers 0020659546 and 0020659538.) (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 3.00 Ft x 5.50 Ft | |
| Other | 6.42 Ft x 8.83 Ft | |
| Furnace | 10.00 Ft x 15.00 Ft | |
| Bedroom | 12.58 Ft x 13.00 Ft | |
| Bedroom | 10.58 Ft x 11.33 Ft | |
| Bedroom | 10.00 Ft x 13.75 Ft | |
| 4pc Bathroom | 8.33 Ft x 5.00 Ft | |
| 4pc Bathroom | 4.17 Ft x 7.75 Ft | |
| 4pc Bathroom | 8.17 Ft x 5.25 Ft | |
| Laundry room | 3.25 Ft x 5.58 Ft | |
| Other | 9.25 Ft x 12.00 Ft | |
| Furnace | 9.00 Ft x 14.00 Ft | |
| Dining room | 10.67 Ft x 12.42 Ft | |
| Dining room | 10.25 Ft x 11.00 Ft | |
| Bedroom | 9.00 Ft x 11.33 Ft | |
| Bedroom | 9.00 Ft x 9.42 Ft | |
| Bedroom | 9.00 Ft x 9.50 Ft | |
| 2pc Bathroom | 6.83 Ft x 4.58 Ft | |
| 3pc Bathroom | 3.00 Ft x 5.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.25 Ft x 14.83 Ft | |
| Kitchen | 10.00 Ft x 11.25 Ft | |
| Dining room | 8.33 Ft x 10.00 Ft | |
| Foyer | 9.00 Ft x 4.42 Ft | |
| Primary Bedroom | 10.83 Ft x 11.33 Ft | |
| Bedroom | 10.00 Ft x 10.00 Ft | |
| Bedroom | 7.42 Ft x 9.50 Ft | |
| 3pc Bathroom | 5.00 Ft x 7.00 Ft | |
| Living room | 13.83 Ft x 18.33 Ft | |
| Kitchen | 11.00 Ft x 13.00 Ft | |
| Dining room | 9.42 Ft x 11.00 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
-0.62%
Cap rate
4.74%
GRM
13.9
Break-even rent
$12,092
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 May 26, 2026.
| Foyer | 3.00 Ft x 7.00 Ft |
| Primary Bedroom | 11.00 Ft x 11.50 Ft |
| Bedroom | 9.50 Ft x 11.33 Ft |
| 4pc Bathroom | 9.00 Ft x 4.83 Ft |
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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