PRIME 50’ x 120’ BUILDING LOT | SOUTH-WEST REAR YARD | Incredible redevelopment site sitting right on a prime Montgomery Street. Surrounded by infills, this 50×120-foot parcel gives builders, developers, and investors a broad canvas to work with in one of Calgary&#39's fastest-evolving inner-city pockets. The land holds the bulk of the value here, but the existing home works well as a holding property while you get plans and city permits finalized. Practical updates over the years include a brand-new furnace installed in January 2026, plus updated windows and a water heater from 2019. The home needs a new roof and some cosmetic work, making it best suited for immediate redevelopment. Out back, the lot opens to a private, southwest-facing yard that gets sun all day long. Locations like this don&#39't come up often—you&#39're minutes from Shouldice Park, the Bow River, Market Mall, U of C, and major medical hubs, with fast commuting routes via Crowchild and 16th Avenue. Give your favorite realtor a call!