Map
CAABCalgaryBanff Trail3 Creston Cres Nw
Listing image | Image 1

3 Creston Cres Nw, Calgary, AB

House

For Sale

Listed price in listed location currency (CAD).
$899,000

734

MLS® A2342846

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1248 sqft
Garage Yes
Taxes 
Days Active 8
Lot Size 0.14 Acres
Approx. Age 1956
Avg. Price Per Sqft $720
MLS® Number A2342846

Property Address: 3 Creston Cres Nw, Calgary, AB, T2M4J9

Average square foot calculated using Size range provided by listing agent.

Description

50’ R-CG LOT | FRONTING GREEN SPACE | POTENTIAL 100’ CORNER ASSEMBLY | PRIME BANFF TRAIL LOCATION A rare opportunity in the heart of Banff Trail, this 50' x 120' property combines established rental income with meaningful long-term redevelopment potential in one of Calgary's most connected inner-city locations. The property retained its R-CG land use following the repeal of Calgary's blanket rezoning and sits in a transit-oriented area where significant higher-density redevelopment is already underway. It currently generates solid income with the three main-floor bedrooms rented individually plus two illegal lower suites, creating immediate holding income while a future plan takes shape. The location is a major part of the story. University LRT Station is nearby, with the University of Calgary campus just west of the property and SAIT/AUArts, downtown and the rest of the Red Line easily accessible. McMahon Stadium, Foothills Athletic Park and Foothills Aquatic Centre are all close by, along with Foothills Medical Centre and Alberta Children’s Hospital. Elementary, junior high and high schools are all located right in the community, while West Confederation/Canmore Park offers pathways, a pump track, splash park and an abundance of green space. The Banff Trail Community Association, local restaurants and coffee shops, North Hill Centre, Brentwood Village and everyday services are also within easy reach. The 1, 248 sq ft main level offers a bright, functional layout with hardwood flooring through much of the living space, a large front living room, separate dining area, practical kitchen, three bedrooms and a full bathroom. The lower level adds approximately 1, 109 sq ft and includes two illegal suites, each with kitchen and bathroom facilities, plus common laundry. Outside, the mature lot offers a private backyard, detached double garage, small storage shed and additional rear parking. Across the front of the home, a landscaped green space runs along Creston Crescent, adding a more open outlook, while additional street parking provides everyday convenience. From an investment perspective, the land is the long-term differentiator. The R-CG designation, TOD context and nearby higher-density redevelopment create a strong foundation for future consideration. There is also potential to explore an assembly with the neighbouring parcel to the south, which could create approximately 100' of frontage, subject to neighbour availability, terms and independent verification. Buyers can hold the property with income in place today while considering future redevelopment, higher density use or an assembly strategy, all subject to City approvals and due diligence. A compelling Banff Trail opportunity where income, location and future land value come together. Welcome Home…or to your next project!
MLS® NumberA2342846
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1956
BasementFull
DrivewayAdditional Parking, Alley Access, Double Garage Detached, Garage Faces Rear, Parking Pad
Garage Spaces
HeatForced Air, Natural Gas
A/CNone

Extras

Hood Fans (2), Refrigerators (3), Fire Pit in Yard

Rooms

Change to metres

Other:Basement5.34 × 10.42 ft
Other:Main Floor8.5 × 10.84 ft
Other:Basement5.67 × 7 ft
Other:Basement9.42 × 11.17 ft
Living Room:Main Floor12.25 × 18.5 ft
Other:Main Floor10.09 × 10.17 ft
Other:Basement4.42 × 9.17 ft
Dining Room:Main Floor10.09 × 12.25 ft
Other:Basement10.5 × 12.34 ft
Other:Basement10.42 × 12.59 ft
Other:Basement10.92 × 11.59 ft
Other:Main Floor11.17 × 12.25 ft
Kitchen:Main Floor12.25 × 13.25 ft
Other:Basement7 × 14.75 ft
Other:Basement6.5 × 7.34 ft

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