Windsor Park, Calgary · MLS® A2340477
525
1,088 sq ft · 558 m² lot · House · Single Family · built 1953 · 59 days on market
listed by Rubena Jessa, Ko Realty Ltd.
RARE LAND ASSEMBLY OPPORTUNITY in the heart of Windsor Park! This 50' x 120' (6,003 sq ft) lot at 716 55 Avenue SW joins two immediate neighbouring lots, also currently listed for sale, to create a three-lot assembly totalling approximately 18,000 sq ft (.413 acres), zoned R-CG (Comprehensive Grade-Oriented Infill District) - one of Windsor Park's premier assembly opportunities. Buyers should do their own research on the amalgamation of 720, 724 and 728 - 722 55 Avenue SW, its current zoning, and its likely future redevelopment potential before calling.Located within walking distance to schools, shopping, parks, golf, and the pathway system, this assembly is ideally suited for a larger-scale infill or multi-unit redevelopment in one of Calgary's most established inner-city communities. While the redevelopment potential is the headline, the existing 1,088 sq ft, 5-bedroom bungalow offers a solid holding property in the meantime. Thoughtfully renovated in 2013, it features a custom spice kitchen, a private sauna, granite and quartz counters, and beautifully landscaped gardens with a deck for outdoor entertaining. The fully finished basement adds 2 more bedrooms, a second kitchen setup (fridge, stove, and freezer included), and in-basement laundry, while a double detached garage with alley access completes the property.Whether you're assembling a multi-lot development site, securing a single infill build, or looking for an income-producing holding property with upside, this Windsor Park opportunity checks every box. Don't miss this rare combination of livability today and redevelopment potential tomorrow.
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: Chinook CTrain station, 1.4 km (about 21 min walk); 39 Avenue CTrain station, 2 km (about 32 min walk).
$757,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $757,000 |
| 2025 | $718,000 |
| 2024 | $609,000 |
| 2023 | $578,500 |
| 2022 | $539,500 |
| 2021 | $529,500 |
| 2020 | $538,000 |
| 2019 | $594,000 |
From City of Calgary open data (property assessments), matched to 716 55 AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $5,034 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $4,437 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: Chinook CTrain station, 1.4 km (about 21 min walk); 39 Avenue CTrain station, 2 km (about 32 min walk).
Walkability 82/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 3 places to eat or drink, 2 cafes, 7 parks and playgrounds, 1 school, 1 pharmacy, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.