About 132 7 Avenue Ne
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!
Features of 132 7 Avenue Ne
| MLS® # | A2347192 |
|---|---|
| Price | $898,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,027 |
| Acres | 0.14 |
| Year Built | 1926 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 132 7 Avenue Ne |
|---|---|
| Subdivision | Crescent Heights |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2E 0M5 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Double Garage Detached |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | See Remarks |
|---|---|
| Appliances | Dishwasher, Dryer, Range, Refrigerator, Washer |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior Features | Private Entrance, Private Yard |
|---|---|
| Lot Description | Back Lane, Back Yard, City Lot, Rectangular Lot |
| Roof | Asphalt Shingle |
| Construction | Concrete, Stucco |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 22nd, 2026 |
|---|---|
| Zoning | R-C2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Estate Professionals Inc. |
|---|
