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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

3 Creston Crescent, Calgary

Detached Bungalow for Sale

3 Creston Crescent, Calgary, MLS® # A2342846
  • MLS®#: A2342846
  • Price: $899,000
  • Bedrooms: 7
  • Bathrooms: 3(full) 0(half)
  • Parking: 4
  • Status: Active
  • Year Built: 1956
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

50’ R-CG LOT | FRONTING GREEN SPACE | POTENTIAL 100’ CORNER ASSEMBLY | PRIME BANFF TRAIL LOCATION A rare opportunity in the heart of Banff Trail, this 50' x 120' property combines established rental income with meaningful long-term redevelopment potential in one of Calgary's most connected inner-city locations. The property retained its R-CG land use following the repeal of Calgary's blanket rezoning and sits in a transit-oriented area where significant higher-density redevelopment is already underway. It currently generates $4,275 per month, or $51,300 annually, with the three main-floor bedrooms rented individually at $800, $800 and $675, plus two illegal lower suites rented at $1,000 each, creating immediate holding income while a future plan takes shape. The location is a major part of the story. University LRT Station is nearby, with the University of Calgary campus just west of the property and SAIT/AUArts, downtown and the rest of the Red Line easily accessible. McMahon Stadium, Foothills Athletic Park and Foothills Aquatic Centre are all close by, along with Foothills Medical Centre and Alberta Children’s Hospital. Elementary, junior high and high schools are all located right in the community, while West Confederation/Canmore Park offers pathways, a pump track, splash park and an abundance of green space. The Banff Trail Community Association, local restaurants and coffee shops, North Hill Centre, Brentwood Village and everyday services are also within easy reach. The 1,248 sq ft main level offers a bright, functional layout with hardwood flooring through much of the living space, a large front living room, separate dining area, practical kitchen, three bedrooms and a full bathroom. The lower level adds approximately 1,109 sq ft and includes two illegal suites, each with kitchen and bathroom facilities, plus common laundry. Outside, the mature lot offers a private backyard, detached double garage, small storage shed and additional rear parking. Across the front of the home, a landscaped green space runs along Creston Crescent, adding a more open outlook, while additional street parking provides everyday convenience. From an investment perspective, the land is the long-term differentiator. The R-CG designation, TOD context and nearby higher-density redevelopment create a strong foundation for future consideration. There is also potential to explore an assembly with the neighbouring parcel to the south, which could create approximately 100' of frontage, subject to neighbour availability, terms and independent verification. Buyers can hold the property with income in place today while considering future redevelopment, higher density use or an assembly strategy, all subject to City approvals and buyer due diligence. A compelling Banff Trail opportunity where income, location and future land value come together. Welcome Home…or to your next project!

Contact Elke Babiuk About MLS® A2342846

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Detached Home
  • MLS®#: A2342846
  • Style: Bungalow
  • Year Built: 1956
  • Lot Shape: Back Lane,Back Yard,City Lot,Front Yard,Rectangular Lot
  • Total Floor Area: 1,248 sq.ft
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Community Information

  • Address: 3 Creston Crescent
  • Neighbourhood: Banff Trail
  • City: Calgary
  • Postal Code: T2M 4J9
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interior

  • Included: Hood Fans (2), Refrigerators (3), Fire Pit in Yard
  • Bedrooms: 7 (Bedrooms Above: 3)
  • Bathrooms: Full: 3
  • Rooms Above Grade: 6
  • Fireplace Details: For Sale
  • Basement: Full, Full
  • Floor Finish: Carpet, Hardwood, Tile
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exterior

  • Exterior Features: Back Lane, Back Yard, City Lot, Front Yard, Rectangular Lot
  • Exterior Finish: Vinyl Siding, Wood Frame
  • Construction: Vinyl Siding,Wood Frame
  • Roof: Asphalt Shingle
  • Front Exposure: NE
  • Frontage: 15.26M 50`1" metres
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services & amenities

  • Parking: Additional Parking, Alley Access, Double Garage Detached, Garage Faces Rear, Parking Pad (4 Total Parking Spaces)
  • Heating: Forced Air,Natural Gas
  • Heating: Forced Air, Natural Gas
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$899,000

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Listing Courtesy of
CIR Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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