MLS #A2330403 image #0
**Rare Redevelopment Opportunity in Charleswood**

Located at Charleswood, this corner-lot property presents an exceptional investment and redevelopment opportunity in the desirable community of Charleswood. A bus stop is conveniently located directly in front of the property.

The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. The seller will pay the applicable City Development Permit levy as outlined the DP documents. It is possible to just buy the property with DP or get a contract with the seller to build the 4-plex.

The approved Development Permit and building plans are included with the listing documents.

Please note that the existing house is being sold primarily for land and redevelopment value. It is not currently in suitable condition for occupancy or rental, and the appliances may not be operational.

A rare opportunity to acquire a DP-approved four-unit row home site in Charleswood with significant redevelopment and rental potential.
Current real estate data for Single Family in Calgary as of Jul 24, 2026
3,649
Single Family Listed
43
Avg DOM
487
Avg $ / SqFt
$859,802
Avg List Price

Property Details

Price:
$920,000
MLS #:
A2330403
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Charleswood
Listed Date:
Jul 17, 2026
Finished Sq Ft:
1,071
Lot Size:
5,887 sqft / 0.14 acres (approx)
Year Built:
1960
GarageCharleswoodFullCorner Lot

Schools

Interior

Appliances
Electric Range, Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
Private Yard
Lot Features
Corner Lot
Parking Features
Single Garage Detached
Parking Total
1
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Charleswood subdivision, 4 Cheyenne Crescent NW Calgary AB is a Single Family for sale in Calgary, AB, T2L 0Z2. It is listed for $920,000 and features 3 beds, 2 baths, and has approximately 1,071 square feet of living space, and was originally constructed in 1960. The current price per square foot is $859. The average price per square foot for Single Family listings in Calgary is $487. The average listing price for Single Family in Calgary is $859,802. To schedule a showing of MLS#a2330403 at 4 Cheyenne Crescent NW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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