MLS #A2194894 image #0
Investor/Developer Alert! A rare opportunity in the highly sought-after community of Banff Trail! This property presents a prime investment for those looking to hold for redevelopment in a rapidly growing area. The 50×120 ft lot, zoned RC-2, offers unmatched potential for multi-family or custom development.

Situated just minutes from downtown Calgary, this location is a developer&#39's dream with easy access to major amenities and key institutions. You’re steps from the University of Calgary, SAIT, North Hill Mall, McMahon Stadium, and renowned medical facilities including Foothills and Children’s Hospitals. The property also offers proximity to parks, the University District, and a range of recreational amenities.

Across from Branton Junior High School, and close to Ecole Banff Trail Elementary &#38' William Aberhart High School, the site offers excellent access to public transportation, with both Banff Trail (9-min walk) and Lion&#39's Park (20-min walk) C-train stations nearby. With access to both U of C and SAIT within minutes, this location is ideal for future tenants or buyers seeking easy transit.

This 1200 sq. ft. character bungalow is consistently rented, making it a solid income-producing property in the meantime, but its true value lies in the unlimited redevelopment potential offered by the lot size and location. The home includes three spacious bedrooms, a full bathroom, and a lower level with separate access, a second kitchen, bedroom, bathroom, and laundry. A single garage and rear laneway add further development possibilities.

With its exceptional location and unmatched redevelopment potential, this is a rare opportunity you don’t want to miss. Schedule your viewing today to explore the future possibilities of this incredible property!
Current real estate data for Single Family in Calgary as of Dec 19, 2025
31,023
Single Family Listed
10
Avg DOM
461
Avg $ / SqFt
$768,907
Avg List Price

Property Details

Price:
$824,000
MLS #:
A2194894
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Banff Trail
Listed Date:
Dec 15, 2025
Finished Sq Ft:
1,255
Lot Size:
6,006 sqft / 0.14 acres (approx)
Year Built:
1953
GarageBanff TrailFull,suiteBack Lane,back Yard,rectangular Lot

Schools

Interior

Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer, Window Coverings
Basement
Full, Suite
Bathrooms Full
2
Laundry Features
Lower Level, Main Level

Exterior

Exterior Features
Private Yard
Lot Features
Back Lane, Back Yard, Rectangular Lot
Parking Features
Single Garage Detached
Parking Total
1
Patio And Porch Features
Porch
Roof
Asphalt Shingle

Financial

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Subdivisions in Calgary

Property Summary

    Located in the Banff Trail subdivision, 2204 24 Avenue NW Calgary AB is a Single Family for sale in Calgary, AB, T2M 1Z7. It is listed for $824,000 and features 5 beds, 2 baths, and has approximately 1,255 square feet of living space, and was originally constructed in 1953. The current price per square foot is $657. The average price per square foot for Single Family listings in Calgary is $461. The average listing price for Single Family in Calgary is $768,907. To schedule a showing of MLS#a2194894 at 2204 24 Avenue NW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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