3520 Centre Street N

Highland Park, Calgary · MLS® A2343955

112

1,190 sq ft · 524 m² lot · House · Single Family · built 1950 · 43 days on market

listed by Michael Smith, Real Broker

realtor's description

Skip the line at City Hall. This 47' x 120' (approx. 5,640 sq ft) Highland Park lot on Centre Street NE is already zoned M-C1 for multi-residential. It comes with an in progress development permit for an 8-plex and a land use redesignation application to MU-2 under review with the City of Calgary. Build up to 6-plex with current M-C1 or see the MU-2 application through and plan something bigger, with room for ground-floor commercial on a busy main-street corridor. Rear lane access, a double detached garage and a parking pad make site access and staging easy. Sold as-is for land value only Priced below the 2026 City assessment! Minutes to Downtown, 16 Ave, Deerfoot Trail and the airport, with rapid transit on Centre Street and a spot on the City's planned Green Line North corridor. Plans and details available.

property details

type: House, Single Family
bedrooms: 1
bathrooms: 1
living area: 1,190 sq ft
lot: 524 m²
parking: 2
year built: 1950
property tax: $4,036 / yr
days on market: 43
MLS®: A2343955

features

See remarks
None

property tax

about $3,558 a year

The asking price times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $4,036 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$2,667/mo

Mortgage $2,331 · Tax $336

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

estimated payment

$2,331/ monthly

loan $428,000

25-year amortization

down payment20% · $107,00020%+ 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: $271,283
land title fees: $1,065; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $108,065; down + land title fees
total paid: $699,283

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