pillar/IMG-A2215686_1.jpg
56 days on Market

314 8 Ave, Calgary, Alberta T2E 0P9

Detached
2
1
~748.00 sqft
$525,000
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Detached
2
1
~748.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$701/sqft

Est. Mortgage$2,255/mo

Tax Amount (2024)$3,291/yr

Days On Market56 days


Description

**Charming Inner-City Bungalow with Development Potential – Crescent Heights** This adorable 1910 bungalow is full of character and charm, offering a rare opportunity to own a single-family home in the heart of Crescent Heights—just steps from downtown Calgary, transit, shops, and restaurants. With its warm curb appeal, well-maintained interior, and functional layout, this 2-bedroom home is ideal for first-time buyers, young professionals, or anyone seeking the lifestyle benefits of inner-city living. But the real value lies in the future potential. Located next to a revenue-generating property also available for sale, this lot forms part of a combined 50' x 120' parcel with **M-CG zoning**, opening the door to higher-density redevelopment (subject to city approval). Whether you're looking to live in now, hold and rent, or plan for future infill development, this is a unique opportunity to enjoy the best of both worlds: **a cozy inner-city home today and long-term growth tomorrow**. Perfect for homeowners, investors, or builders seeking flexible options in one of Calgary's most walkable and established neighbourhoods.


Property Details

StyleBungalow
View-
Age of property1910
SqFt~748.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2215686
Community NameCrescent Heights
Data SourcePILLAR 9
Listing byRoyal LePage Benchmark

Features

Heating: Forced Air
Basement: Crawl Space,Partial

Main Floor

Bedroom - Primary

9`7" x 11`3"

Living Room

13`3" x 15`1"

Kitchen

10`9" x 9`8"

Bedroom

6`9" x 13`0"


Features

Patio: Deck

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property History

Apr 29, 2025
ListedActive
$525,000
56 days on market
history photo preview25
Listing by pillar 9®
Property listed by Royal LePage Benchmark, Brokerage
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Market Data - Crescent Heights

Geo Zone Map ThumbnailCrescent Heights

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2024

19 days

2023

24 days

New Listings

Past 30 days

6 listings

Compared to

2024

9 listings

2023

8 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

6 units

Median Sold Price

Past 30 days

$886,000

Compared to

2024

$1,067,500

2023

$636,000


Population and Demographics

Overview

Total population 5486
Average household income $145,563

Age (%)

20 to 34
32%
35 to 49
25%
50 to 64
18%
65 and plus
13%
0 to 19
12%

Household composition (%)

Single person
50%
Single family
42%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
79%
Yue (Cantonese)
5%
Mandarin
3%
Spanish
3%
French
2%
Others
2%
Arabic
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
57%
Owners
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget