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Home Communities Crescent Heights 1507 1 Street NE
$649,998 Active
1507 1 Street NE · Calgary · T2E3B7
5 bd 2.0 ba 787 sqft $825/sqft Built 1944
MLS® A2310540 · Listed May 15, 2026
Listed by eXp Realty — Gulmina Noor
By the numbers

How this listing measures up

$/sqft $825
vs Crescent Heights median +32% community avg $491K
Sqft per bedroom 157
Year built 1944
Annual taxes $4,644 2025
Crescent Heights avg DOM 30d
$/sqft distribution

Where this listing sits in Crescent Heights

Of 43 active residential listings in Crescent Heights, this property at $825/sqft sits in the $800–850 range.
$200–$250/sqft · 4 listings $250–$300/sqft · 3 listings $300–$350/sqft · 7 listings $350–$400/sqft · 6 listings $400–$450/sqft · 5 listings $450–$500/sqft · 3 listings $500–$550/sqft · 2 listings $550–$600/sqft · 3 listings $600–$650/sqft · 5 listings $650–$700/sqft · 1 listing $700–$750/sqft · 0 listings $750–$800/sqft · 1 listing $800–$850/sqft · 1 listing $850–$900/sqft · 0 listings $900–$950/sqft · 0 listings $950–$1000/sqft · 0 listings $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 1 listing $1100–$1150/sqft · 0 listings $1150–$1200/sqft · 0 listings $1200–$1250/sqft · 0 listings $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 1 listing $200 $300 $400 $500 $600 $700 $800 $900 $1000 $1100 $1200 $1300 $1400 This · $825
Other active listings This listing's price range This listing

About this property

BUILDER & INVESTOR ALERT! Exceptional redevelopment opportunity in the highly desirable community of Crescent Heights, located on a quiet cul-de-sac with excellent future potential. This M-CG d72 zoned 50 x 115 ft lot offers fantastic possibilities for builders, developers, and investors. Whether you’re considering townhomes, duplex development, or future redevelopment opportunities, this property deserves your attention. This bungalow features a separate entrance with a separate basement illegal-suite. The main floor offers 2 bedrooms, a full 4-piece bathroom, and a kitchen. The basement includes 2 additional bedrooms, a den, 3-piece bathroom, kitchen area, and shared laundry space. Conveniently located just minutes from downtown, with quick access to Centre Street, future Green Line LRT access, major bus routes, SAIT, schools, shopping, and other amenities. Incredible investment potential in one of Calgary’s most sought-after inner-city communities!

Property details

Bedrooms5
Bathrooms2.0
StyleBungalow
HeatingForced Air
CoolingOther
FlooringCeramic Tile
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresSee Remarks
AppliancesDishwasher,Range Hood,Refrigerator,Stove(s),Washer/Dryer
InclusionsStove, Microwave, Washer/Dryer, Range Hood, Dishwasher
LaundryIn Basement
Lot size5715.00 sqft
Frontage50.1 ft
Lot featuresBack Yard,Rectangular Lot
Exterior featuresOther
FencingNone,Partial
PatioNone
Year built1944
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresOff Street,Parkade
Parking total4
Annual taxes$4,644
Tax year2025
PossessionImmediate
ZoningM-CG d72
TitleFee Simple
RestrictionsNone Known
NeighbourhoodCrescent Heights
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
List AORCalgary

Location

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About Crescent Heights

AI-generated summary

A mature, established inner-city neighbourhood perched on the north hill with sweeping downtown skyline views and a relaxed, walkable character. Tree-lined streets and a strong community association give it a tight-knit, village-like feel.

One of Calgary's oldest established communities, with roots dating back to the early 1900s
Offers some of the best unobstructed views of the Calgary downtown skyline
Active community association with year-round programming and a well-used community centre
Housing
Predominantly character homes including craftsman bungalows and two-storey infills, with a growing number of modern duplexes and low-rise condos mixed throughout.
Transit
Well-served by Calgary Transit bus routes with easy access to Centre Street and 4th Street NW, and a short commute to downtown by bike via dedicated pathways.
Amenities
Residents enjoy the shops and restaurants along 4th Street NW and 16th Avenue, with close proximity to Rotary Park, the Bow River pathway system, and the North Hill Centre.
Who lives here
A diverse mix of long-time homeowners, young professionals, and families who value proximity to downtown without sacrificing a quieter residential atmosphere.
Full Crescent Heights community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: eXp Realty — Gulmina Noor.