132 7 Avenue NE — photo 1
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Detached

$898,000

132 7 Avenue NE, Crescent Heights, Calgary, Alberta

2
Beds
2
Baths
1,027 sqft
Floor area
Sep 22, 2026
Listed
Property Description

Attention savvy investors, professional couples, and builders! Welcome to this exceptional character bungalow situated on a premier 50’ x 120’ R-C2 lot along one of the finest, most desirable streets in prestigious Crescent Heights. This high-yielding land asset perfectly combines premium urban lifestyle appeal with long-term equity growth. The existing 2-bedroom bungalow is highly liveable and rich with charm. The sun-drenched main level features original hardwood floors, expansive living and dining spaces, a kitchen, a full bathroom, and a dedicated den/home office layout. Maximizing its rental framework and versatility, the property features a completely separate rear entrance leading to a fully developed lower level. The basement is outfitted with a second full bathroom, a large laundry area, and recently upgraded luxury vinyl plank flooring running through three massive flex rooms—including one equipped with a proper egress window for an effortless bedroom conversion. The exterior boasts a private, spacious backyard oasis complete with a highly coveted detached double garage—a massive asset for inner-city living. Step outside into your private retreat or take a short stroll to the stunning downtown skyline views at Rotary Park and the Bow River pathway network. Commuting is effortless, with the downtown core just a scenic walk or quick transit ride away. Live in a premier urban community, generate steady rental income, or hold for future luxury home development under the flexible R-C2 zoning. Don’t miss this blue-chip Crescent Heights property!

Features & Amenities
See Remarks
Private Entrance
Private Yard
Additional Information
MLS®
A2347192
Type
Detached
Status
Active
Year built
1926
Neighbourhood
Crescent Heights
Lot size
50x120
Days on market
0 days
Brokerage
Real Estate Professionals Inc.
Location

132 7 Avenue NE, Calgary, Alberta T2E 0M5

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