Sheryl Johnston4 Cheyenne Crescent NW
Calgary
T2L 0Z2
$899,000
Residential
beds: 3
baths: 2.0
1,071 sq. ft.
built: 1960
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2354914
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1960
- Photos (37)
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**Rare Investment and Redevelopment Opportunity in Charleswood**
Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property.
The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants.
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**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex.
The approved Development Permit and building plans are included in the listing documents.
This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood.
**Please note:** The Development Permit is currently under appeal.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Yes
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 1
- Home Style:
- Bungalow
- Total Living Area:
- 1,071.07 sq. ft.
- Main Level Finished Area:
- 1,071.07 sq. ft.
- Below Grade Finished Area:
- 1,004.23 sq. ft.
- Acreage:
- No
- Lot Area:
- 5,887 sq. ft.
- Lot Frontage:
- 85'2⅞"
- Front Exposure:
- Northwest
- Floor Location:
- Ground
- Levels:
- One
- Total Rooms Above Grade:
- 5
- Year built:
- 1960 (Age: 66)
- Bedrooms:
- 3 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms On Main:
- 2
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Num Ensuite Baths:
- 0
- Plan:
- 9046HO
- Electricity:
- 100 Amp Service
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Asphalt, Concrete, Stucco
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Water Supply:
- Public
- Sewer:
- Public Sewer
- Garage:
- Yes
- Garage Spaces:
- 1
- Parking:
- Single Garage Detached
- Parking Places:
- 1
- Parking Total/Covered:
- 1 / -
- Laundry Features:
- In Basement
- Northwest
- Charleswood
- Electric Range, Electric Stove, Refrigerator, Washer/Dryer
- none
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 10'2" × 9'8"
- Main Floor
- Bedroom
- 11'1" × 10'2"
- Main Floor
- Dining Room
- 8' × 6'1"
- Main Floor
- Kitchen
- 10'7" × 10'
- Main Floor
- Living Room
- 17'2" × 12'7"
- Basement
- Bedroom
- 10'2" × 9'3"
- Basement
- Kitchen
- 13'4" × 3'
- Basement
- Office
- 10'4" × 9'6"
- Basement
- Game Room
- 20'11" × 14'10"
- Basement
- Furnace/Utility Room
- 9'4" × 6'4"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 7'7" x 6'6"
- Basement
- No
- 3
- 7'1" x 4'11"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
- Interior Features:
- Granite Counters
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- None
- Lot Features:
- Corner Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NW
- Zoning:
- R-CG
- Listed Date:
- Oct 26, 2026
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Lot plan
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Approved 4 plex
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Approved 4 plex
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Approved 4 plex
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Approved 4 plex
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Approved 4 plex
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Listed by SkaiRise Realty
Data was last updated October 31, 2026 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $899,000
- Min list price:
- $680,000
- Max list price:
- $2,399,000
- Avg days on market:
- 85
- Min days on market:
- 5
- Max days on market:
- 173
- Avg price per sq.ft.:
- $758.94
These statistics are generated based on the current listing's property type
and located in
Charleswood. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- SHERYL JOHNSTON
- CIR REALTY
- 1 (403) 923 6774
- Contact by Email
