3816 Parkhill Place SW

Parkhill, Calgary · MLS® A2320969

111

626 sq ft · 302 m² lot · House · Single Family · built 1908 · 133 days on market

listed by Arun Uppal, Creekside Realty

realtor's description

Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities.

property details

type: House, Single Family
bedrooms: 1
bathrooms: 1
living area: 626 sq ft
lot: 302 m²
parking: 1
year built: 1908
property tax: $3,271 / yr
days on market: 133
MLS®: A2320969

features

See remarks
None

monthly cost

$2,451/mo

Mortgage $2,178 · Tax $273

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

estimated payment

$2,178/ monthly

loan $399,920

25-year amortization

down payment20% · $99,98020%+ 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: $253,485
land title fees: $1,000; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $100,980; down + land title fees
total paid: $653,405

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

location

Parkhill, CalgaryGoogle Maps ↗

Rapid transit: 39 Avenue CTrain station, 400 m (about 6 min walk); Erlton/Stampede CTrain station, 1.2 km (about 19 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Rideau Park School1.0 km
Secondary · CBE Westbrook Outreach1.6 km
Elementary · Catholic Our Lady of Lourdes1.7 km
Secondary · Catholic St. Anthony1.7 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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