$700,000
1804 41 Street NWMontgomery, Calgary, AB T3B 1A5
- 4 beds
- 2 baths
- 886 sq ft
- Detached
Listing courtesy of KPLI Real Estate Corporation · MLS® A2341910
About this home
Rare opportunity to own a property with a LEGAL suite in Montgomery, combined with R-CG zoning and exceptional redevelopment potential. This revenue generating property offers a unique opportunity for investors, developers, or homeowners looking to capitalize on both rental income and future development possibilities.
This 2+2 bedroom property features a LEGAL basement suite with both levels designed as fully self-contained living spaces. Each level offers 2 bedrooms, a living area, full bathroom, full kitchen with appliances, and separate laundry.
The property is currently owner-occupied, but when fully rented, it has the potential to generate over $3,500/month in rental income, making this an excellent option for investors looking for strong holding income while benefiting from the property's future redevelopment potential.
The R-CG zoning adds significant flexibility and upside for developers and investors. Depending on plans and approvals, potential redevelopment options may include a 4plex, attached development, or attached homes with legal secondary suites.
Situated on a corner lot in an established and desirable location, the property is close to schools, parks, shopping, the Bow River, and major transportation routes.
Whether you're looking to live in the property, generate rental income, hold for future redevelopment, or take advantage of the R-CG zoning, this property offers multiple ways to create value.
Key facts
- Type
- Detached
- Style
- Bungalow
- Year built
- 1955
- Living area
- 886 sq ft
- Lot
- 6,296 sq ft
- Bedrooms
- 4 (2 above grade, 2 below)
- Bathrooms
- 2 full
- Basement
- Full, Finished
- Parking
- Concrete Driveway, 4 spaces total
- Price per sq ft
- $790
- Days on market
- 34
- Listed
- September 6, 2026
- Community
- Montgomery
- Municipality
- Calgary
Features
Interior
- Features
- Laminate Counters, Separate Entrance, Storage, Vinyl Windows
- Appliances
- Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
- Flooring
- Ceramic Tile, Hardwood, Laminate
- Heating
- Forced Air
- Laundry
- Multiple Locations
- Basement features
- Separate/Exterior Entry
- Included
- 2 Refrigerator, 2 Stove(s)
Suite
- Suite
- Yes
- Details
- Basement
- Location
- Suite Attached/Within Primary Dwelling
- Legal suites
- 1
Building
- Structure
- House
- Levels
- One
- Construction
- Vinyl Siding, Wood Frame
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Exterior & lot
- Lot
- Back Lane, Back Yard, Corner Lot, No Neighbours Behind, Triangular Lot
- Front faces
- N
- Lot size
- 6,296 sq ft
- Zoning
- R-CG
Parking
- Total parking
- 4
- Details
- Concrete Driveway, Parking Pad
Condo / HOA
- Restrictions
- None Known
- Ownership
- Not a Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Rooms
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 15'7" x 14'1" |
| Kitchen | Main | 13'1" x 10'9" |
| Dining Room | Main | 5'3" x 4'3" |
| Laundry | Main | 6'7" x 3'8" |
| Bedroom - Primary | Main | 14'1" x 13'3" |
| Bedroom | Main | 10'9" x 10'1" |
| 4pc Bathroom | Main | 7'7" x 5'0" |
| Kitchen | Basement | 9'1" x 7'10" |
| Family Room | Basement | 17'11" x 12'0" |
| Bedroom | Basement | 11'8" x 9'7" |
| Bedroom | Basement | 11'7" x 10'3" |
| 3pc Bathroom | Basement | 9'0" x 5'10" |
Location
Monthly cost estimate
- Mortgage $3,286
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $45,000.
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Listing last updated: Oct 7, 2026, 12:15 a.m.