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2 Beds
2 Baths
1,027 sqft

$898,000

132 7 Avenue NE, Calgary Alberta, T2E 0M5

Price per sqftC$874.39
Built in1926
Property size1,027 sqft
Property typeResidential

Overview

Active

Listed Sep 22, 2026

Updated 6h ago

Attention savvy investors, professional couples, and builders! Welcome to this exceptional character bungalow situated on a premier 50’ x 120’ R-C2 lot along one of the finest, most desirable streets in prestigious Crescent Heights. This high-yielding land asset perfectly combines premium urban lifestyle appeal with long-term equity growth. The existing 2-bedroom bungalow is highly liveable and rich with charm. The sun-drenched main level features original hardwood floors, expansive living and dining spaces, a kitchen, a full bathroom, and a dedicated den/home office layout. Maximizing its rental framework and versatility, the property features a completely separate rear entrance leading to a fully developed lower level. The basement is outfitted with a second full bathroom, a large laundry area, and recently upgraded luxury vinyl plank flooring running through three massive flex rooms—including one equipped with a proper egress window for an effortless bedroom conversion. The exterior boasts a private, spacious backyard oasis complete with a highly coveted detached double garage—a massive asset for inner-city living. Step outside into your private retreat or take a short stroll to the stunning downtown skyline views at Rotary Park and the Bow River pathway network. Commuting is effortless, with the downtown core just a scenic walk or quick transit ride away. Live in a premier urban community, generate steady rental income, or hold for future luxury home development under the flexible R-C2 zoning. Don’t miss this blue-chip Crescent Heights property!

Additional information

MLS® ID
A2347192

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Garage
Yes

Courtesy of Real Estate Professionals Inc., Kevin Luc

Listing Contact: 403-669-8889 

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Data last updated 8:51 AM UTC, 9/23/2026

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