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4520 26 Avenue SW
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Calgary · Single Family · under $1,100,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Incredible land assembly opportunity in the mature community of Glendale. Lots 4520, 4524, and 4528 26 AVE SW are all for sale. This unique assembly features 240 feet of frontage and a total of 18,988 sq. ft. of land across three adjacent parcels with SOUTH exposure. The lots offer a flat landscape with rear alley access for ideal development conditions. This site presents significant potential for future development—specifically row townhouses with basement suites upon city approval—or as a long-term holding asset with three rentable homes already on-site. The site's south-facing exposure provides optimal lighting for future developement so units will feel bigger, brighter and better, which in turn will improve your return on investment and attract more buyers. The location is highly desirable, situated just one block from Glendale Community Park’s outdoor rink, tennis courts, and playground. It offers a 15-minute commute to downtown, is within walking distance of the LRT and Mount Royal University (MRU), and is close to diverse schooling options, including French, Spanish, and Montessori programs. Opportunities like this rarely become available, contact us TODAY to view! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 27.33 Ft x 27.92 Ft | |
| Bedroom | 16.58 Ft x 11.83 Ft | |
| Storage | 10.33 Ft x 5.58 Ft | |
| Storage | 27.33 Ft x 9.67 Ft | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.58 Ft x 9.50 Ft | |
| Bedroom | 9.42 Ft x 9.50 Ft | |
| Primary Bedroom | 12.67 Ft x 10.67 Ft | |
| Dining room | 9.50 Ft x 10.83 Ft | |
| Kitchen | 10.75 Ft x 14.92 Ft | |
| Living room | 20.33 Ft x 13.50 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
-6.55%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,149
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 Jul 10, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
1.1 km away
11.5 km away
12.1 km away
13.0 km away
Elementary
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
11.8 km away
11.8 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
12.9 km away
Halal grocery
Amir Halal Meats & Grocery
11.8 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.