Crescent Heights, Calgary · MLS® A2349801
422
808 sq ft · 531 m² lot · House · Single Family · built 1944 · 22 days on market
listed by Pammi Brar, RE/MAX Real Estate (Mountain View)
Explore the possibilities on this 50-by-115-foot parcel tucked into a cul-de-sac in Crescent Heights. With M-CG d72 zoning, the property offers an opportunity to plan your next residential project in an established Calgary neighborhood close to the downtown core. Buyers can investigate redevelopment configurations, subject to municipal requirements and approvals. The existing bungalow provides two bedrooms, a four-piece bath and a kitchen on the main level. Downstairs, an illegal basement suite has its own entrance and includes another two bedrooms, a den, a three-piece bath and kitchen space. Laundry facilities are shared. Centre Street connects you to nearby transit routes, while SAIT, schools, shops and everyday services are within easy reach. For those seeking land for a future build or a property to incorporate into a longer-term investment strategy, this address brings together lot size, zoning and a central location. NEW SHINGLE Oct 2026.
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: Sunnyside CTrain station, 2 km (about 31 min walk); 1 Street Southwest CTrain station, 2.1 km (about 33 min walk).
$737,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $737,500 |
| 2025 | $751,500 |
| 2024 | $673,000 |
| 2023 | $587,000 |
| 2022 | $537,000 |
| 2021 | $527,000 |
| 2020 | $540,000 |
| 2019 | $587,500 |
From City of Calgary open data (property assessments), matched to 1507 1 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 $4,904 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $4,904 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: Sunnyside CTrain station, 2 km (about 31 min walk); 1 Street Southwest CTrain station, 2.1 km (about 33 min walk).
Walkability 92/100 · Very walkable: most errands on foot
Within a 10 minute walk: 5 grocery stores, 34 places to eat or drink, 8 cafes, 4 parks and playgrounds, 2 schools, 5 pharmacies, 39 transit stops.
mihom score from OpenStreetMap places, by straight line distance.