By the numbers
How this listing measures up
$/sqft
$1,075
vs Richmond median
+5%
community avg $909K
Sqft per bedroom
442
Year built
1950
Annual taxes
$4,525
2026
Garage
1 space
$/sqft distribution
Where this listing sits in Richmond
Of 29 active residential listings in Richmond,
this property at $1,075/sqft
sits in the $1050–1100 range.
Other active listings
This listing's price range
This listing
About this property
PRIME RICHMOND REDEVELOPMENT OPPORTUNITY on a 50’ x 125’ Lot.
Exceptional opportunity for builders, investors, or those looking to create a dream home. This large 50’ x 125’ lot offers outstanding redevelopment potential, suitable for one or two large single-family homes, in an area already SURROUNDED BY HIGH-END, MILLION-DOLLAR PROPERTIES.
Ideally located close to shopping, amenities, and schools, this property combines convenience with strong future upside. The rear alley access and no homes directly behind provide added flexibility for design, garages, and privacy.
The existing home is well maintained and currently rented to an AMAZING TENANT, offering immediate holding income. The seller is flexible on possession date and is willing to allow buyers to apply for permitting prior to possession. The property is under a fixed-term lease until July 31, 2026, making it a solid interim investment while you plan your project.
There could be a possibility for a forced WALK OUT on this lot.
Additional features include a single detached garage and a layout that supports future redevelopment options.
DRIVE BY and explore the potential. This is an excellent opportunity to secure a PREMIUM LOT lot for your next build or long-term investment. No sign on the property. Do not disturb the current tenant.
Property details
| Bedrooms | 2 |
| Bathrooms | 2.0 |
| Style | Bungalow |
| Heating | Forced Air,Natural Gas |
| Cooling | None |
| Flooring | Carpet,Hardwood,Linoleum |
| Levels | One |
| Basement | Full |
| Basement development | Finished |
| Interior features | Ceiling Fan(s),Laminate Counters,No Smoking Home,Sump Pump(s) |
| Appliances | Dishwasher,Electric Stove,Microwave Hood Fan,Refrigerator,Washer/Dryer |
| Inclusions | None |
| Laundry | Electric Dryer Hookup,In Basement,Washer Hookup |
| Lot size | 6253.00 sqft |
| Frontage | 49.97 ft |
| Lot features | Back Lane,Back Yard,City Lot,Lawn,No Neighbours Behind,Rectangular Lot,Street Lighting |
| Exterior features | Balcony,Private Yard,Rain Gutters |
| Fencing | Fenced |
| Patio | Balcony(s),Deck |
| Year built | 1950 |
| Construction materials | Wood Frame |
| Roof | Asphalt |
| Foundation | Poured Concrete |
| Parking features | Additional Parking,Alley Access,Garage Faces Rear,Gated,Off Street,RV Access/Parking,RV Gated,Single Garage Detached |
| Garage spaces | 1 |
| Parking total | 3 |
| Annual taxes | $4,525 |
| Tax year | 2026 |
| Possession | 60 Days / Neg |
| Zoning | DC (pre 1P2007) |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Richmond |
| Community features | Pool,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths |
| List AOR | Calgary |
Location
Sold comparables in Richmond
70 recent sales in Richmond
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Sign up to see sold dataAbout Richmond
AI-generated summaryRichmond is a well-established inner-city community with tree-lined streets and a quiet, residential feel, blending original character homes with modern infills just minutes from downtown Calgary.
31 active listings with an average list price of $933,825
Homes are averaging 41 days on market, suggesting a measured but active resale environment
Richmond borders the popular Marda Loop district, one of Calgary's most walkable retail nodes
Housing
The area features a mix of original bungalows and post-war homes alongside newer luxury infills and semi-detached builds, reflecting strong redevelopment interest.
Transit
Richmond enjoys good access to Calgary Transit bus routes and is within cycling distance of downtown, with Crowchild Trail and 17th Avenue SW providing convenient commuter connections.
Amenities
Residents are close to the vibrant shops, restaurants, and cafés of 17th Avenue SW and Marda Loop, with Glenmore Reservoir pathways nearby for outdoor recreation.
Who lives here
The community attracts a mix of long-time homeowners, young professionals, and families drawn by its inner-city location and strong community association.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.



