Prime development opportunity in the heart of Highland Park! This spacious ~6,000 sq ft corner lot is zoned R-CG and ideally located just one block from Centre Street, offering outstanding potential for builders, investors, and developers.
With land value at its core, this property provides the flexibility to redevelop into multi-unit housing, tapping into the strong demand in this desirable central location. The existing bungalow includes a 2-bedroom main floor suite and a 2-bedroom basement illegal suite with separate entrance, fresh paint, and new vinyl plank flooring for extra income potential. A new water tank has also been installed.
Commuters will love the easy access to major routes including the Trans-Canada Highway and Deerfoot Trail, as well as nearby public transit with a bus stop just steps away.
Highland Park is a community on the rise, offering urban convenience, green spaces, and a welcoming neighbourhood feel—perfect for an active lifestyle. Whether you’re a builder, investor, or homeowner looking for future growth, this R-CG zoned property presents an exceptional opportunity.
Listed by Jessica Chan Real Estate & Management Inc.
Data was last updated August 11, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$665,000
Min list price:
$149,900
Max list price:
$1,499,888
Avg days on market:
52
Min days on market:
4
Max days on market:
329
Avg price per sq.ft.:
$468.21
These statistics are generated based on the current listing's property type
and located in
Highland Park. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.