**Charming Inner-City Bungalow with Development Potential – Crescent Heights**
This adorable 1910 bungalow is full of character and charm, offering a rare opportunity to own a single-family home in the heart of Crescent Heights—just steps from downtown Calgary, transit, shops, and restaurants. With its warm curb appeal, well-maintained interior, and functional layout, this 2-bedroom home is ideal for first-time buyers, young professionals, or anyone seeking the lifestyle benefits of inner-city living.
But the real value lies in the future potential. Located next to a revenue-generating property also available for sale, this lot forms part of a combined 50' x 120' parcel with **M-CG zoning**, opening the door to higher-density redevelopment (subject to city approval). Whether you're looking to live in now, hold and rent, or plan for future infill development, this is a unique opportunity to enjoy the best of both worlds: **a cozy inner-city home today and long-term growth tomorrow**.
Perfect for homeowners, investors, or builders seeking flexible options in one of Calgary's most walkable and established neighbourhoods.
Address
314 8 Avenue NE
List Price
$525,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Calgary CC
Sub-Area
Crescent Heights
Bedrooms
2
Bathrooms
1
Floor Area
748 Sq. Ft.
Lot Size
3003 Sq. Ft.
Year Built
1910
MLS® Number
A2215686
Listing Brokerage
Royal LePage Benchmark
Basement Area
Crawl Space, Partial
Postal Code
T2E 0P9
Zoning
M-CG
Site Influences
Back Lane, Level, Schools Nearby, Shopping Nearby, Park, Private, Sidewalks