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Data was last updated 2026-10-26 at 19:15:06 GMT
$899,000

4 Cheyenne Crescent NW   Calgary, Alberta

MLS®: A2354914
URL:    
**Rare Investment and Redevelopment Opportunity in Charleswood** Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property. The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants. The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex. The approved Development Permit and building plans are included in the listing documents. This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood. **Please note:** The Development Permit is currently under appeal.
**Rare Investment and Redevelopment Opportunity in Charleswood** Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property. The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants. The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex. The approved Development Permit and building plans are included in the listing documents. This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood. **Please note:** The Development Permit is currently under appeal.

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
3
Full Bathrooms:
2
Neighbourhood:
Charleswood
Area:
Calgary
Province:
Alberta
MLS® Number:
A2354914
Listing Price:
$899,000

General Information

Year Built:
1960
Total Square Feet:
1071ft2

Additional Information

Basement Dev:
Full
Parking:
Single Garage Detached

VIP-Only Information

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This property is listed by Skairise 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.
This site's content is the responsibility of Carmelle Smutko, licensed REALTOR®(s) in the Province of Alberta.
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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.

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