Builder / Investor Alert — Rare redevelopment opportunity in Thorncliffe with
Development Permit in place. This property comes with an approved Development Permit for a
proposed 4-plex with 4 legal basement suites, creating a total of 8 rental units upon
completion, subject to the buyer’s review of all City approvals, permit conditions, drawings, and
requirements. This is an excellent opportunity for builders, developers, and investors looking for
a project with major planning steps already advanced. Please review the attached DP drawings
and related documents.
The existing property is currently rented and generating approximately $2,894 per month plus
utilities, providing holding income while the buyer prepares for future development. Viewings
can be arranged with 24 hours’ notice for serious buyers only, as the property is tenant
occupied.
Located in the highly desirable and established community of Thorncliffe, this bungalow sits on
a beautiful tree-lined street directly facing a playground. The location offers excellent access to
schools, parks, public transit, shopping, recreation facilities, and major routes. Bus Route No. 20
provides convenient access to the University of Calgary in approximately 25 minutes.
The existing home features 4 bedrooms total, original hardwood flooring, and several updates
over the years. The main level includes 2 bedrooms, a 4-piece bathroom, a bright and spacious
living room, dining area, and a functional kitchen with good space for cooking and entertaining.
The lower level includes an illegal basement suite with 2 additional bedrooms, a good-sized
family room, full kitchen, bathroom, large laundry area, and additional storage/workshop space.
Immaculate & charming, 3 & 1 bedroom, 2 bath, 1123 sq. ft. bungalow situated on a quiet street adjacent to a park with a sunny south back yard featuring original hardwood floors throughout the main floor. Good sized living room with cozy woodburning fireplace open to a charming dining room. The family sized kitchen with white cabinetry & a removable island has a sink overlooking the private back yard & has plenty of room for a breakfast nook. There are 3 good sized bedrooms on the main floor including a king sized master. The main bath is a 4pc with tub & shower. There is a separate entrance to the lower level which includes a 3 pc bath, huge family room, large master with walk-in closet, a spacious pantry & laundry/mechanical room. The backyard features a newer low maintenance deck. This home has been well maintained & updated over the years. Exceptional location close to parks, schools, shopping & transit, including the highly regarded Sir Winston Churchill High School, just minutes away. Currently tenant-occupied by a reliable long-term tenant who would be happy to stay, making this an attractive opportunity for investors seeking immediate rental income.
Listing Brokerage: DreamHouse Realty Ltd.
LIVE UP-RENT DOWN Welcome to this exceptional detached home in the vibrant community of Skyview Ranch, offering the perfect blend of comfort, functionality, and investment potential with a fully legal basement suite. Whether you’re a growing family, first-time homebuyer, or savvy investor, this property checks all the boxes.
The main level features a bright and inviting open-concept design with spacious living and dining areas, large windows that fill the home with natural light, and a well-appointed kitchen designed for both everyday living and entertaining. Upgraded laundry room on main floor with new Washer and Dryer. Stunning Granite Countertops throughout the Kitchen. Upstairs, you’ll find generously sized 3 bedrooms with 2 full washrooms. The double detached garage provides secure parking and extra storage, while the built-in Tesla charging station adds modern convenience for electric vehicle owners.
The fully legal basement suite, complete with a separate entrance, provides excellent mortgage-helper potential or comfortable accommodations for extended family. This valuable addition creates flexibility and long-term income opportunities.
Situated on a desirable street in Skyview Ranch, this home is conveniently located near schools, parks, playgrounds, shopping, restaurants, public transit, and major routes including Stoney Trail. Enjoy the convenience of urban amenities while living in a family-friendly neighborhood.
Whether you’re looking to live up and rent down, expand your investment portfolio, or secure a home with built-in income potential, this is an opportunity you won’t want to miss. Book your private showing today and discover the value, versatility, and lifestyle this outstanding property has to offer!
BUILDING 5400 SQ FT LAND 2.49 ACRES
Pride of ownership shows in this well-built shop and land. Building is 90 ft long 60 ft wide by 18 ft tall,3 electric doors 2 are 16 ft tall 1 is 14 ft tall all doors are 14 ft wide. Shop doors on both ends of build so you can drive right though. Shop has foam blow in insulation. Office to the back and side of shop. Office is insulated so well you can’t hear the air compressor or trucks running. Office space is open for your conference meetings with to 2 private offices to the side. Larger main bathroom. Over the office is a parts room with lots of shelfing and a sliding door so you can even put your parts up here with a forklift. So you don’t have to carry parts up all the stairs. Three phase power with 400 volts in shop. In-floor heat and over 2 over head heaters. 2nd cold storage building to side of the shop with 12 foot doors on each end. Six out door plug ins and a plug in station out back for even more power. There is a ditch that goes around the land for great drainage. Fenced with a gate to the front of property with no access to back of property.
Backing Fleetwood Bawden Elementary School, this beautifully maintained two-storey home combines timeless architecture, exceptional outdoor living, and a family-friendly location in one of South Lethbridge’s most established neighborhoods. From the moment you arrive, you’ll appreciate the home’s striking curb appeal, highlighted by its classic symmetrical design, rich brick exterior, and distinctive architectural details that create a warm and welcoming presence unlike many newer homes.
Offering over 1,780 sq. ft. above grade plus a partially developed basement, this home features a flexible floor plan designed to accommodate a variety of lifestyles. The main floor includes a formal living room, a cozy family room anchored by a gas fireplace, a spacious kitchen and dining area complete with quality oak cabinetry and granite countertops, plus a main-floor bedroom conveniently located beside a full bathroom—ideal for guests, multi-generational living, or a home office.
Upstairs, you’ll find two spacious bedrooms, including a generous primary retreat with a walk-in closet. One of the standout features is the impressive vaulted-ceiling bonus room, offering a bright and airy space for relaxing, entertaining, or working from home. For those needing additional bedroom space, this room could easily be converted into a third bedroom on the second floor. The main & upper level has also been refreshed with brand-new carpet, providing a fresh, modern feel and added comfort underfoot. Convenient second-floor laundry completes the level.
The partially developed basement offers even more living space, including two additional bedrooms, and tons of storage making this home a fantastic option for larger families, teenagers, guests, or hobby spaces.
The outdoor living spaces are truly exceptional. The upper deck overlooks Fleetwood Bawden Elementary School and the open schoolyard behind, creating a sense of openness rarely found within the city. Enjoy watching the seasons change while taking in the expansive views and mature surroundings. Below, the enclosed screened-in deck with tile flooring provides a comfortable outdoor retreat, perfect for enjoying summer evenings while being sheltered from the elements.
The fully fenced backyard is enhanced by mature trees, extensive landscaping, and impressive stamped concrete and interlocking brick work, creating a polished outdoor environment with plenty of space for entertaining. The property also offers a 26’ x 22’ detached garage, abundant off-street parking, and valuable RV parking, providing room for trailers, recreational vehicles, and all your toys.
Recent updates include brand-new upper-level carpet, fresh paint, a new front door, furnace, natural gas stove, hot water tank, and other thoughtful improvements that add value and peace of mind. Located close to schools, parks, shopping, restaurants, and healthcare services, this home offers an ideal balance of convenience, character, and functionality.
Foothills land for sale can come in many forms, with different types of listings popping up on the market daily. While
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