Photo of 4 Cheyenne Crescent NW, Calgary

DetachedActive

Charleswood · Calgary

4 Cheyenne Crescent NW, Calgary

$899,000

Charleswood, Calgary, Alberta T2L 0Z2 · MLS® A2354914

3
Bedrooms: 2
Bathrooms: 1,071
Sq ft above grade: $839
Per sq ft

About This Property

Rare Investment and Redevelopment Opportunity in Charleswood Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property. The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants. The approved Development Permit is for a four-unit row home development with four legal basement suites, offering excellent rental-income potential and possible eligibility for the CMHC MLI Select Program. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex. The approved Development Permit and building plans are included in the listing documents. This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood. Please note: The Development Permit is currently under appeal.

Secondary suite: 1 illegal suite

Location: Suite Attached/Within Primary Dwelling

Basement

An illegal suite is not registered with the city. It can affect insurance, financing and what you may legally rent out — ask before writing an offer.

Property Details

Interior

Bedrooms: 3
Bathrooms: 2 full
Rooms above grade: 5
Above grade: 1,071 sq ft
Main level: 1,071 sq ft
Finished below grade: 1,004 sq ft
Total finished: 2,075 sq ft
Basement: Full · Finished
Laundry: In Basement

Interior features

Granite Counters

Flooring

Laminate

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1960
Front exposure: NW
Floor: Ground

Construction

Asphalt
Concrete
Stucco

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air, Natural Gas
Cooling: None
Water: Public
Sewer / septic: Public Sewer

Parking

Garage: Single Garage Detached · 1 space
Garage size: 23`0" x 13`0"
Total parking: 1 space

Lot & outdoors

Lot size: 5,887 sq ft
Acreage: 0.14 acres
Frontage: 85.24 ft
Fencing: Fenced

Lot features

Corner Lot

Exterior features

Private Yard

In the community

Park
Playground
Schools Nearby
Shopping Nearby
Sidewalks

Costs & ownership

Annual property tax: $5,004 (2026)
Title: Fee Simple
Ownership: Private,REALTOR®/Seller; Realtor Has Interest
Zoning: R-CG
Restrictions: None Known

Listing & availability

MLS® number: A2354914
Listed: Oct 26, 2026
Days on market: 1
Possession: 30 Days / Neg
Possession notes: This house tenant occupied, need 30 days notice to vacate unless the new owner wants to assume the current lease.
Listing office: SkaiRise Realty

Included in the sale

Appliances: Electric Range, Electric Stove, Refrigerator, Washer/Dryer

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$4,393.58/mo

Mortgage: $3,976.58
Property tax: $417.00

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Listed by SkaiRise Realty

Data provided under license by Pillar 9™.

Listing data updated Oct 26, 2026, 1:15 p.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation