Just Listed

Address

3 Creston Crescent Nw, Calgary, AB

Listing Type

Active

Price

$ 899,000

Property Attributes

ID#A2342846
TypeSingle Family
Listing Status Active
CityCalgary
AreaCAL Zone CC
NeighbourhoodBanff Trail
Postal CodeT2M 4J9
StyleBungalow
Year Built1956
Price$ 899,000
Bedrooms7
Full Bathrooms3
Half Bathrooms0
Sqr Footage1247
Lot Size0.137626 Acres

Data Source:

Pillar 9 Technologies

Property Description

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 solid income with the three main-floor bedrooms rented individually plus two illegal lower suites, 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 due diligence. A compelling Banff Trail opportunity where income, location and future land value come together. Welcome Home…or to your next project!

Price History
9/9/2026	Listed $899,000

General Features

Heating	Forced Air,Natural Gas
Cooling	None
Roof	Asphalt Shingle
Appliances	Dishwasher,Dryer,Gas Stove,Microwave,Washer,Window Coverings
Zoning	R-CG
Number of Garage Spaces	2
Restrictions	None Known
Year Built	1956
Architectural Style	Bungalow
Community Features	Clubhouse,Golf,Park,Playground,Pool,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
Levels	One
Property Subtype	Detached
Transaction Type	For Sale
County	Calgary
Property Type	Residential
Subdivision Name	Banff Trail
Parking Total	4
Construction Materials	Vinyl Siding,Wood Frame
District	CAL Zone CC
Full Baths	3
Status	Active
City	Calgary
Basement Development	Finished
Structure Type	House
Standard Status	Active
Condo Type	Not a Condo
Suite	Yes

Interior Features

Interior Features	No Animal Home,No Smoking Home,Separate Entrance,Storage
Basement	Full
Flooring	Carpet,Hardwood,Tile
Basement Features	Separate/Exterior Entry
Bedrooms Above Grade	3
Rooms Above Grade	6
Total Bedrooms	7
Below Grade Finished Area	1108.72
Below Grade Finished Area Unit Type	SquareFeet
Total Baths	3
Laundry Features	In Basement
Main Level Finished Area	1247.88
Main Level Finished Area Metres	115.93
Main Level Finished Area SF	1247.88
Main Level Finished Area Srch Sq	1247.88
Main Level Areas	SquareFeet

Exterior Features

Exterior Features	Fire Pit,Private Yard,Storage
Lot Features	Back Lane,Back Yard,City Lot,Front Yard,Rectangular Lot
Fencing	Fenced
Inclusions	Hood Fans (2),Refrigerators (3),Fire Pit in Yard
Parking Features	Additional Parking,Alley Access,Double Garage Detached,Garage Faces Rear,Parking Pad
Frontage Length	15.26M 50`1
Foundation	Poured Concrete
Lot Size Acres	0.14
Garage Y/N	Yes
Lot Size Square Feet	5995
Frontage Ft	50.07
Patio And Porch Features	Front Porch