Data was last updated 2026-03-15 at 15:05:04 GMT
$819,000

2472 Capitol Hill Crescent NW   Calgary, Alberta

MLS®: A2293405
URL:    
Welcome to an exceptional opportunity in the heart of Banff Trail, one of Calgary?s most sought-after inner-city communities. Situated on a 50' x 120' R-CG lot, this versatile 4-level split offers immediate rental income, long-term redevelopment potential, and an unbeatable location steps from the University of Calgary, Foothills Hospital, Children?s Hospital, McMahon Stadium, and two C-Train stations.

With over 2,000 sq ft of total living space, this home features 6 bedrooms and 3 full bathrooms, making it ideal for student housing, medical residents, practicum students, or multi-generational living. Previously rented for $5,400/month, the property is vacant and ready for its next chapter ? whether that?s as a high-yield rental or a redevelopment project.

The main level offers a bright living room with large windows, hardwood flooring, and a functional kitchen/dining layout. Each of the three additional levels includes two spacious bedrooms and a full bathroom, creating natural separation and privacy between living areas. The lower levels also include a large utility/laundry room and ample storage. Outside, you?ll find a private fenced backyard, a single detached garage, and additional parking on the gravel pad.

The real value lies in the R-CG zoning and the clean, rectangular lot confirmed by the Real Property Report. This zoning supports a wide range of redevelopment options, including rowhouses, fourplexes, semi-detached homes with suites, or a laneway home ? making this an ideal site for builders, investors, or those looking to create multi-unit housing in a high-demand rental corridor.

Recent updates include a new roof (2019) and hot water tank (2023). With its prime location, strong rental history, and redevelopment flexibility, this property offers exceptional upside in one of Calgary?s most desirable neighbourhoods. Opportunities like this are rare ? secure your position in Banff Trail today.
Welcome to an exceptional opportunity in the heart of Banff Trail, one of Calgary?s most sought-after inner-city communities. Situated on a 50' x 120' R-CG lot, this versatile 4-level split offers immediate rental income, long-term redevelopment potential, and an unbeatable location steps from the University of Calgary, Foothills Hospital, Children?s Hospital, McMahon Stadium, and two C-Train stations. With over 2,000 sq ft of total living space, this home features 6 bedrooms and 3 full bathrooms, making it ideal for student housing, medical residents, practicum students, or multi-generational living. Previously rented for $5,400/month, the property is vacant and ready for its next chapter ? whether that?s as a high-yield rental or a redevelopment project. The main level offers a bright living room with large windows, hardwood flooring, and a functional kitchen/dining layout. Each of the three additional levels includes two spacious bedrooms and a full bathroom, creating natural separation and privacy between living areas. The lower levels also include a large utility/laundry room and ample storage. Outside, you?ll find a private fenced backyard, a single detached garage, and additional parking on the gravel pad. The real value lies in the R-CG zoning and the clean, rectangular lot confirmed by the Real Property Report. This zoning supports a wide range of redevelopment options, including rowhouses, fourplexes, semi-detached homes with suites, or a laneway home ? making this an ideal site for builders, investors, or those looking to create multi-unit housing in a high-demand rental corridor. Recent updates include a new roof (2019) and hot water tank (2023). With its prime location, strong rental history, and redevelopment flexibility, this property offers exceptional upside in one of Calgary?s most desirable neighbourhoods. Opportunities like this are rare ? secure your position in Banff Trail today.

Listing Information

Prop. Type:
Detached
Property Style:
4 Level Split
Status:
Active
City:
Calgary
Bedrooms:
6
Full Bathrooms:
3
Neighbourhood:
Banff Trail
Area:
Calgary
Province:
Alberta
MLS® Number:
A2293405
Listing Price:
$819,000

General Information

Year Built:
1953
Total Square Feet:
1097ft2

Additional Information

Basement Dev:
Full
Parking:
Alley Access, Off Street, Parking Pad, Single Garage Detached

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
This property is listed by Evertrust Realty and provided here courtesy of Carmelle Smutko. For more information or to schedule a viewing please contact Carmelle Smutko.
Carmelle Smutko
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.