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4511 Richmond Road SW
Beds
3
Baths
2
Sqft
1,082
Year
1960
Type
Single Family
On market
89d
ATTENTION SAVVY BUYERS, DEVELOPERS and INVESTORS | R-CG zoning 68' Frontage on 7,000 SqFt Reverse Pie lot. R-CG zoning allows for a variety of housing forms from single-detached, semi-detached and rowhouses and may include secondary legal suites. This is a great property to buy and hold or turn into a profitable multifamily venture (subject to approval and permitting by the city/municipality).LIVE IN OR RENT OUT, AND DEVELOP LATER: The home itself is easy to live in and solidly built with large yards and great neighbours. With 3 bedrooms up and a large space that could easily be opened for a great mid century modern feel. The home has great potential but is near move-in ready as is with Newer Furnace w/ HEPA Filter, Hot Water Tank and Water Softener.UNLOCK THE POTENTIAL OF CALGARY'S NEXT GREAT URBAN DEVELOPMENT Fantastic opportunity for a new build project on a 68'-8" x 153' foot pie shaped lot primarily flat and zoned R-CG. at the heart of Calgary’s Inner Ring on one of Calgary’s Designated Main Roads. This is your chance to secure a parcel of R-CG zoned land on vibrant Richmond Road-right. Designated a City of Calgary "Main Road" and slated for future enhancements with the City. This is where city-building momentum, community amenities, and investment opportunities converge. See Image for specific dimensions.PRIME MAIN STREET LOCATION Richmond Road main street runs from Sarcee Trail to 37 Avenue SW between the communities of Glamorgan and Glenbrook. This route offers a variety of large and small scale commercial and retail. The communities of Glamorgan and Glenbrook attract a diverse demographic of residents who enjoy the neighbourhood access to amenities and transportation options.. OUTSTANDING REDEVELOPMENT POTENTIAL · Surrounded by Amenities Schools, Transportation Corridors, Residents enjoy immediate access to parks, schools, shops, transit, West Hills Shopping Centre, Mount Royal University, and a 16 min drive to downtown. This i s a highly desirable address for a diverse range of tenants or buyers.· The Richmond Road area in Calgary is undergoing several revitalization initiatives, including a functional planning study for a Sarcee Trail/Richmond Road interchange, a secondary plan for the Richmond Road/Westboro area, and the redevelopment of the former Richmond Green golf course. The revitalization aims to improve transportation, land use, urban design, and community amenities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.33 Ft x 5.33 Ft | |
| Recreational, Games room | 20.83 Ft x 28.42 Ft | |
| Storage | 13.58 Ft x 19.08 Ft | |
| Furnace | 10.08 Ft x 13.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 6.92 Ft x 6.33 Ft | |
| Bedroom | 9.17 Ft x 12.50 Ft | |
| Bedroom | 10.50 Ft x 9.08 Ft | |
| Kitchen | 12.08 Ft x 13.83 Ft | |
| Living room | 12.83 Ft x 19.83 Ft | |
| Primary Bedroom | 12.08 Ft x 11.08 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
-1.05%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,329
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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