132 7 Avenue Ne, Calgary

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:1945)

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Property details for 132 7 Avenue Ne, Calgary

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 2
Living Area: 1,027 square feet
Lot Size: 556.87
Stories: 1
Basement: Finished, Full, Separate entrance
Parking: Detached Garage
Heating: Forced air
Cooling: None
Exterior: Concrete, Stucco
Ownership: Freehold
Annual Taxes: $5,789 (2026)

Nearby Listings Stat
Estimated price and comparable properties near 132 7 Avenue Ne

Active Listings

219

Min Price

$240,000

Max Price

$1,575,000

Avg Price

$464,911

Days on Market

days

Sold Listings

Min Sold Price

$199,999

Max Sold Price

$918,900

Avg Sold Price

$437,095

Days until Sold

days

Neighbourhood Census Data

Calgary, Alberta

Population

528

Median Age

37.3

Median Income

$55,872

Dwelling Value

$550,868

Housing Tenure

Owners 63%

Renters 37%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1

Pop. Density: 3,433.0/km²

Avg Shelter Cost: $1,581/mo

Owners with Mortgage: 58.1%

Owners Spending 30%+: 12.5%

Tenants Spending 30%+: 27.8%

English only: 86.8%

English and French: 12.3%

Neither: 0.9%

Median Household Income: $108,032

Median Employment Income: $60,416

Price History

Listed

September 22, 2026

by Real Estate Professionals Inc.

Current Price

$898,000

Type

Residential

For Sale

Contact Agent Get in touch about 132 7 Avenue Ne, Calgary

Kevin Luc

Real Estate Professionals Inc.

403-669-8889