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3816 Parkhill Place SW, Calgary

$485,000

About this property

Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential. An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities.

Essential information

MLS® number
A2320969
Status
Active
Price
$485,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
1
Bathrooms
1 full
Living area
626 sq ft
Lot size
3,250 sq ft
Year built
1908
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
Creekside Realty
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air
Flooring
Hardwood
Features
See Remarks
Fireplaces
0
Laundry
See Remarks
Basement
Partial
Basement development
Unfinished

Exterior and construction

Construction
Wood Siding
Roof
Asphalt Shingle
Foundation
Wood
Lot features
Back Yard, Rectangular Lot
Frontage
7.62M 25`0"
Zoning
M-C1

Parking

Total parking
1
Features
Off Street

Community

City
Calgary
Province
AB
Postal code
T2S 2W7
Features
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Where it is

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Approximate location, plotted from the listing’s own coordinates.

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MLS® data last updated Nov 8, 2026, 1:40 a.m. (Mountain Time).

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