2812 24 Street NW

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$965,000

2812 24 Street NW

Banff Trail, Calgary · MLS® A2312383

532

1,062 sq ft · 575 m² lot · House · Single Family · built 1955 · 84 days on market

listed by Parker Xiong, Homecare Realty Ltd.

realtor's description

Exceptional opportunity to own a 52' x 120' R-CG zoned corner lot with a side lane in the highly desirable inner-city community of Banff Trail. This premium property offers outstanding redevelopment potential in one of Calgary's most established and rapidly transforming infill neighbourhoods.Ideally located just steps from William Aberhart High School, Banff Trail School, and minutes to the University of Calgary, SAIT, Foothills Medical Centre, McMahon Stadium, LRT stations, and downtown Calgary, this location provides excellent connectivity, strong rental demand, and exceptional long-term investment value.The existing home has been well maintained and renovated, with a move-in-ready upper level. The basement also offers excellent income potential, making it an ideal holding property while future redevelopment plans are considered. Whether you're an investor, builder, or developer, this property provides immediate revenue opportunities together with the flexibility to build in one of Calgary's strongest inner-city growth corridors.Corner lots with R-CG zoning and side-lane access in Banff Trail are increasingly difficult to find. Don't miss this opportunity to secure a premium redevelopment property in one of Calgary's most sought-after communities.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 1,062 sq ft
lot: 575 m²
parking: 2
year built: 1955
property tax: $5,060 / yr
days on market: 84
MLS®: A2312383

features

Back lane
PVC window
No Animal Home
Washer
Refrigerator
Stove

monthly cost

$4,626/mo

Mortgage $4,204 · Tax $422

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,204/ monthly

loan $772,000

25-year amortization

down payment20% · $193,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $489,324
land title fees: $1,840; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $194,840; down + land title fees
total paid: $1,261,324

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Banff Trail, CalgaryGoogle Maps ↗

Rapid transit: University CTrain station, 500 m (about 7 min walk); Banff Trail CTrain station, 700 m (about 12 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Banff Trail School464 m
Middle · CBE William Aberhart High School198 m
Elementary · Catholic Ecole St. Pius X School1.1 km
Middle · Catholic St. Margaret School1.5 km
Secondary · Catholic St. Francis High School1.3 km

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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