Bridgeland/Riverside, Calgary · MLS® A2353452
312
1,112 sq ft · 293 m² lot · House · Single Family · built 1910 · 3 days on market
listed by Michael Ferianec, RE/MAX House of Real Estate
*REDEVELOPMENT OPPORTUNITY - 4 PROPERTIES IN TOTAL AVAILABLE! * Surrounded by some of Calgary’s most sought-after inner-city amenities, this collection offers a developer an exciting opportunity to explore several development options under the current zoning, or to pursue a rezoning for higher density opportunities, all in an established, highly desirable community. This property (104 7 St NE) is a 28.7’ x 110’ lot that could be purchased together with the adjoining property (106 7 St NE), for a COMBINED DEVELOPMENT SITE measuring 57.5’ x 110’. Both properties are currently zoned Direct Control (DC), however following a pre-application consultation, the City of Calgary confirmed that the R-C2 land use district rules apply to both. Development options for the combined 57.5’ x 110’ parcel include up to 2 single detached or 2 extra-wide semi-detached homes. Or you could pursue a rezoning of the parcels to allow for a higher density project. (All development would be subject to appropriate zoning, subdivision, and development permit approval). The existing property is an older-condition 3-bed, 1.5 storey home with an unfinished basement, easily rentable while you finalize your development plans. Bridgeland is one of Calgary’s most vibrant inner-city communities, known for its walkability, independent cafés, acclaimed restaurants, local shops, and established residential character. These properties are ideally positioned just steps from the neighbourhood’s bustling commercial district, placing everyday amenities and local favourites right outside your door. Coffee shops, restaurants, bakeries, and grocery options are all nearby, while green spaces such as Murdoch Park offer room to unwind and enjoy the outdoors. The surrounding area also provides convenient access to the Bow River pathways, St. Patrick’s Island, and the Calgary Zoo. For commuters, the Bridgeland/Memorial LRT station and multiple transit connections provide convenient access to downtown and other parts of the city. The downtown core is also just a short drive, bike ride, or walk away, making this location attractive for future residents seeking an urban lifestyle with excellent connectivity. **All concept drawings are provided for inspirational purposes only. All lot development is subject to appropriate zoning, subdivision, and development permit approval.. *VISIT MULTIMEDIA LINKS FOR FULL DETAILS*
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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Rapid transit: Bridgeland/Memorial CTrain station, 500 m (about 8 min walk); City Hall/Bow Valley College CTrain station, 1.1 km (about 17 min walk).
$553,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $553,500 |
| 2025 | $559,500 |
| 2024 | $502,500 |
| 2023 | $451,000 |
| 2022 | $416,000 |
| 2021 | $415,000 |
| 2020 | $403,000 |
| 2019 | $423,000 |
From City of Calgary open data (property assessments), matched to 104 7 ST NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,681 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,680 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: Bridgeland/Memorial CTrain station, 500 m (about 8 min walk); City Hall/Bow Valley College CTrain station, 1.1 km (about 17 min walk).
Walkability 87/100 · Very walkable: most errands on foot
Within a 10 minute walk: 28 places to eat or drink, 7 cafes, 20 parks and playgrounds, 2 schools, 3 pharmacies, 19 transit stops.
mihom score from OpenStreetMap places, by straight line distance.