Rare inner-city opportunity in the heart of Montgomery, one of Calgary's most sought-after established communities. This well-maintained full duplex with two legal basement suites sits on an oversized 8,890 sq ft R-CG lot, offering immediate rental income across four residential units plus a detached garage with additional income potential.
Perfectly positioned minutes from the University of Calgary, Foothills Medical Centre, and Alberta Children's Hospital, this property sits in one of the city's strongest and most consistent rental demand corridors. Tenants are easy to find and easy to keep here.
R-CG zoning permits grade-oriented infill development as of right, including rowhouses and stacked units, with no rezoning required. For investors with a longer horizon, the seller has completed a preliminary City inquiry suggesting 16 to 20 units may be achievable under a higher-density designation, making this one of the more compelling land plays available in the inner city today.
Whether you are acquiring a cash-flowing rental hold, planning an as-of-right infill build, or positioning for a future rezoning, this property checks every box. Opportunities like this in established inner-city neighbourhoods with this lot size, zoning, and location do not come around often.
Data was last updated July 9, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$899,900
Min list price:
$319,306
Max list price:
$6,000,000
Avg days on market:
45
Min days on market:
1
Max days on market:
184
Avg price per sq.ft.:
$481.22
These statistics are generated based on the current listing's property type
and located in
Montgomery. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.