Spruce Cliff, Calgary · MLS® A2323310
312
1,523 sq ft · 672 m² lot · House · Single Family · built 1956 · 113 days on market
listed by Justin Warthe, Real Broker
~CHECK OUT THE YOUTUBE VIDEO~ | $25,000 PRICE REDUCTION | Builders, developers, and investors, this is the type of inner city Calgary opportunity that rarely comes available. Situated on a quiet street in the highly sought after community of Spruce Cliff, this impressive 60’ x 121’ corner lot comes with an approved development permit for side by side duplexes with front attached garages. Just down the street from the Bow River, this is an exceptional opportunity for those looking for a premium development site in one of Calgary’s most desirable inner city communities. With its prime corner positioning, approved development potential, walkable location, and close proximity to transit, parks, schools, shopping, and downtown Calgary, this property checks all the boxes for a future build, investment project, or long term land hold. Currently, a charming 5 bedroom bungalow sits on the property, creating an ideal holding opportunity while future plans move forward. The home features an expansive front porch, a large yard, mature trees, and an oversized double detached garage, offering immediate usability, rental potential, and flexibility for investors. The location is a major standout. Spruce Cliff is known for its mature streets, elevated escarpment, and incredible access to nature. Residents enjoy being just minutes from Edworthy Park, Lawrey Gardens, Quarry Road Trail, Douglas Fir Trail, Shaganappi Point Golf Course, the Bow River pathway system, Westbrook LRT Station, Westbrook Mall, schools, parks, and downtown Calgary. From the nearby escarpment, you can take in views of Nose Hill Park, the Bow River Valley, and the Calgary skyline while living in a quiet, established neighbourhood with unbeatable urban convenience. Additional community amenities include basketball courts, sports fields, playgrounds, an active community centre, extensive walking and biking paths, Wildflower Arts Centre, Calgary Bowling Club, local shopping, and Quest School. Whether you are searchi ng for a Calgary development lot, a Spruce Cliff investment property, an approved development permit opportunity, an inner city corner lot, or a rare land opportunity near the Bow River, this property offers outstanding location, scale, and future upside. A premier lot, an approved development permit, and an unbeatable Spruce Cliff location. This is one builders and investors will want to pay attention to.
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: Westbrook CTrain station, 1.4 km (about 22 min walk); Shaganappi Point CTrain station, 1.6 km (about 25 min walk).
$932,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $932,500 |
| 2025 | $1,000,000 |
| 2024 | $827,000 |
| 2023 | $826,500 |
| 2022 | $753,000 |
| 2021 | $753,000 |
| 2020 | $664,000 |
| 2019 | $698,000 |
From City of Calgary open data (property assessments), matched to 3720 SPRUCE DR SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $6,201 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $6,201 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: Westbrook CTrain station, 1.4 km (about 22 min walk); Shaganappi Point CTrain station, 1.6 km (about 25 min walk).
Walkability 60/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 place to eat or drink, 1 cafe, 6 parks and playgrounds, 1 school, 14 transit stops.
mihom score from OpenStreetMap places, by straight line distance.