3 Creston Crescent NW, Banff Trail, Calgary — $899,000

Type: House

7 Bedrooms · 3 Bathrooms · 1,248 sqft · Built 1956

50’ R-CG LOT | FRONTING GREEN SPACE | POTENTIAL 100’ CORNER ASSEMBLY | PRIME BANFF TRAIL LOCATION A rare opportunity in the heart of Banff Trail, this 50' x 120' property combines established rental income with meaningful long-term redevelopment potential in one of Calgary's most connected inner-city locations. The property retained its R-CG land use following the repeal of Calgary's blanket rezoning and sits in a transit-oriented area where significant higher-density redevelopment is already underway. It currently generates solid income with the three main-floor bedrooms rented individually plus two illegal lower suites, creating immediate holding income while a future plan takes shape.The location is a major part of the story. University LRT Station is nearby, with the University of Calgary campus just west of the property and SAIT/AUArts, downtown and the rest of the Red Line easily accessible. McMahon Stadium, Foothills Athletic Park and Foothills Aquatic Centre are all close by, along with Foothills Medical Centre and Alberta Children’s Hospital. Elementary, junior high and high schools are all located right in the community, while West Confederation/Canmore Park offers pathw…

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