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Home Communities Thorncliffe 5247 Thomas Street NE
$499,000 Active
5247 Thomas Street NE · Calgary · T2K 3V6
4 bd 2.0 ba 1,241 sqft $402/sqft Built 1960
MLS® A2328106 · Listed Jul 11, 2026
Listed by The Real Estate District — Justine Poirier
By the numbers

How this listing measures up

$/sqft $402
vs Thorncliffe median +3% community avg $486K
Sqft per bedroom 310
Year built 1960
Annual taxes $3,458 2026
Garage 1 space
$/sqft distribution

Where this listing sits in Thorncliffe

Of 32 active residential listings in Thorncliffe, this property at $402/sqft sits in the $400–450 range.
$200–$250/sqft · 4 listings $250–$300/sqft · 3 listings $300–$350/sqft · 8 listings $350–$400/sqft · 1 listing $400–$450/sqft · 2 listings $450–$500/sqft · 2 listings $500–$550/sqft · 2 listings $550–$600/sqft · 5 listings $600–$650/sqft · 2 listings $650–$700/sqft · 2 listings $700–$750/sqft · 0 listings $750–$800/sqft · 0 listings $800–$850/sqft · 1 listing $200 $300 $400 $500 $600 $700 $800 $850 This · $402
Other active listings This listing's price range This listing

About this property

Whether you're looking for your next home, renovation project or redevelopment investment, this property checks all the boxes. Situated on an oversized lot with over 50 feet of frontage and desirable R-CG zoning, the redevelopment potential is exceptional. Backing onto a peaceful greenspace and surrounded by established homes, this is a rare opportunity in a sought-after area. The bright and functional main floor features three spacious bedrooms, a full bathroom, and a large sunroom overlooking the expansive backyard which is perfect for enjoying your morning coffee or entertaining family and friends. The fully developed basement offers even more flexibility with a fourth bedroom, second full bathroom, a generous recreation room with a built-in bar creating plenty of space for extended family, guests or other future possibilities with the separate entrance and municipal permits needed. Pride of ownership is evident throughout with thoughtful maintenance over the years by the original owners, including a brand-new hot water tank installed in July 2026 and furnace around 3 years old. Outside, the oversized single detached garage, RV parking, and large backyard provide endless room for vehicles, toys, hobbies, or future plans. Whether you're looking for a move-in ready family home, a solid investment property, or a prime redevelopment opportunity in a desirable location, this property offers incredible versatility and long-term potential. Enjoy the tranquility of backing onto greenspace today while securing an investment for tomorrow. *See Virtual Tour*

Property details

Bedrooms4
Bathrooms2.0
StyleBungalow
HeatingForced Air
CoolingNone
FlooringCarpet,Hardwood,Linoleum,Tile
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresNo Animal Home,No Smoking Home
AppliancesDishwasher,Dryer,Microwave Hood Fan,Range,Refrigerator,Washer
InclusionsChest freezer and filing cabinets in utility room, fridge and shuffle board in basement, Doorbell cam
LaundryIn Basement
Lot size5306.00 sqft
Frontage53 ft
Lot featuresBacks on to Park/Green Space
Exterior featuresNone
FencingFenced
PatioNone
Year built1960
Construction materialsVinyl Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresOversized,RV Access/Parking,Single Garage Detached
Garage spaces1
Parking total2
Annual taxes$3,458
Tax year2026
PossessionImmediate,Negotiable
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodThorncliffe
Community featuresPark,Playground,Schools Nearby,Shopping Nearby
List AORCalgary

Location

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About Thorncliffe

AI-generated summary

Thorncliffe is a well-established, unpretentious inner-north community with a strong sense of stability and quiet residential pride, offering an affordable alternative to trendier inner-city neighbourhoods.

Established in the 1950s as one of Calgary's post-war suburban expansions
Shares a community association with the adjacent neighbourhood of Greenview
Close proximity to Nose Hill Park, one of the largest urban parks in Canada
Housing
The area is dominated by post-war bungalows and modest detached homes, with some infill development and older multi-family buildings adding density.
Transit
Thorncliffe is served by Calgary Transit bus routes with reasonable access to major roadways like Centre Street and 4th Street NW, though a personal vehicle remains helpful.
Amenities
Residents enjoy proximity to Deerfoot City shopping centre, local strip malls, Nose Hill Park, and the amenities along Centre Street North.
Who lives here
The community attracts long-term homeowners, families seeking affordable inner-city living, and value-conscious buyers priced out of pricier established neighbourhoods.
Full Thorncliffe 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: The Real Estate District — Justine Poirier.