132 7 Avenue NE - Photo 1 of 26, Calgary, Alberta
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$898,000

132 7 Avenue NE — Calgary, Alberta

T2E0M5

Real Estate Professionals Inc.
2Beds
2Baths
1,027Sq Ft
2Parking
1926Built
557Lot Sq Ft

About This Property

Attention savvy investors, professional couples, and builders! Welcome to this exceptional character bungalow situated on a premier 50’ x 120’ R-C2 lot along one of the finest, most desirable streets in prestigious Crescent Heights. This high-yielding land asset perfectly combines premium urban lifestyle appeal with long-term equity growth.The existing 2-bedroom bungalow is highly liveable and rich with charm. The sun-drenched main level features original hardwood floors, expansive living and dining spaces, a kitchen, a full bathroom, and a dedicated den/home office layout. Maximizing its rental framework and versatility, the property features a completely separate rear entrance leading to a fully developed lower level. The basement is outfitted with a second full bathroom, a large laundry area, and recently upgraded luxury vinyl plank flooring running through three massive flex rooms—including one equipped with a proper egress window for an effortless bedroom conversion.The exterior boasts a private, spacious backyard oasis complete with a highly coveted detached double garage—a massive asset for inner-city living.Step outside into your private retreat or take a short stroll to the stunning downtown skyline views at Rotary Park and the Bow River pathway network. Commuting is effortless, with the downtown core just a scenic walk or quick transit ride away. Live in a premier urban community, generate steady rental income, or hold for future luxury home development under the flexible R-C2 zoning. Don’t miss this blue-chip Crescent Heights property! (id:63357)

Real Estate Professionals Inc.

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
2
Bathrooms
2
Half Baths
0
Living Area
1,027 sqft
Above Grade Area
1,027 sqft
Year Built
1926
Stories
1.0
Status
Active

Location & Neighborhood

What's nearby 132 7 Avenue NE

Nearby Schools

  • Catchment · Elementary

    Bowcroft School

    Calgary Board of Education

    Assigned
  • Catchment · Middle

    Balmoral School

    Calgary Board of Education

    Assigned
  • Catchment · Secondary

    Alternative High School

    Calgary Board of Education

    Assigned
  • 1.3 km
  • 1.8 km
  • Sunnyside

    School

    1.4 km
  • 1.9 km
  • 1.9 km

Parks & Recreation

Local Amenities

POI data updated 9/22/2026

Calgary Market Snapshot

6,991

Active Listings

$570K

MLS® HPI Benchmark

Source: Calgary Real Estate Board, August 2026.

Last updated: Sep 22, 2026

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$898,000
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Search Listings Online Inc.

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

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