Office Listings
3 Creston Crescent NW
Banff Trail
Calgary
T2M 4J9
$899,000
Residential
beds: 7
baths: 3.0
1,248 sq. ft.
built: 1956
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2342846
- Bedrooms:
- 7
- Bathrooms:
- 3
- Year Built:
- 1956
- Photos (45)
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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 $4,275 per month, or $51,300 annually, with the three main-floor bedrooms rented individually at $800, $800 and $675, plus two illegal lower suites rented at $1,000 each, 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 buyer due diligence. A compelling Banff Trail opportunity where income, location and future land value come together. Welcome Home…or to your next project!
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Yes
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 2
- Home Style:
- Bungalow
- Total Living Area:
- 1,247.88 sq. ft.116 m2
- Main Level Finished Area:
- 1,247.88 sq. ft.116 m2
- Below Grade Finished Area:
- 1,108.72 sq. ft.103 m2
- Acreage:
- No
- Lot Area:
- 5,995 sq. ft.557 m2
- Lot Frontage:
- 50'1"15.3 m
- Front Exposure:
- Northeast
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1956 (Age: 70)
- Bedrooms:
- 7 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms On Main:
- 3
- Bedrooms Below Grade:
- 4
- Bathrooms:
- 3.0 (Full:3, Half:0)
- Num Ensuite Baths:
- 0
- Plan:
- 2846GW
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Vinyl Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Hardwood, Tile
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Additional Parking, Alley Access, Double Garage Detached, Garage Faces Rear, Parking Pad
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- In Basement
- Northwest
- Banff Trail
- Dishwasher, Dryer, Gas Stove, Microwave, Washer, Window Coverings
- Hood Fans (2), Refrigerators (3), Fire Pit in Yard
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 18'6"5.64 m × 12'3"3.73 m
- Main Floor
- Kitchen
- 13'3"4.04 m × 12'3"3.73 m
- Main Floor
- Dining Room
- 12'3"3.73 m × 10'1"3.07 m
- Main Floor
- Bedroom - Primary
- 12'3"3.73 m × 11'2"3.40 m
- Main Floor
- Bedroom
- 10'2"3.10 m × 10'1"3.07 m
- Main Floor
- Bedroom
- 10'10"3.30 m × 8'6"2.59 m
- Basement
- Bedroom
- 12'7"3.84 m × 10'5"3.18 m
- Basement
- Bedroom
- 11'2"3.40 m × 9'5"2.87 m
- Basement
- Bedroom
- 11'7"3.53 m × 10'11"3.33 m
- Basement
- Bedroom
- 14'9"4.50 m × 7'2.13 m
- Basement
- Kitchenette
- 14'3"4.34 m × 10'6"3.20 m
- Basement
- Kitchenette
- 12'4"3.76 m × 10'6"3.20 m
- Basement
- Laundry
- 7'2.13 m × 5'8"1.73 m
- Basement
- Furnace/Utility Room
- 9'2"2.79 m × 4'5"1.35 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 7'9" x 7'5"
- Basement
- No
- 4
- 6'6" x 7'4"
- Basement
- No
- 3
- 5'4" x 10'5"
- Title to Land:
- Fee Simple
- Community Features:
- Clubhouse, Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
- Interior Features:
- No Animal Home, No Smoking Home, Separate Entrance, Storage
- Exterior Features:
- Fire Pit, Private Yard, Storage
- Patio And Porch Features:
- Front Porch
- Lot Features:
- Back Lane, Back Yard, City Lot, Front Yard, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- R-CG
- Listed Date:
- Sep 08, 2026
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Larger map options:
Listed by CIR Realty
Data was last updated September 9, 2026 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $959,000
- Min list price:
- $179,900
- Max list price:
- $1,949,000
- Avg days on market:
- 47
- Min days on market:
- 1
- Max days on market:
- 163
- Avg price per sq.ft.:
- $597.19
These statistics are generated based on the current listing's property type
and located in
Banff Trail. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- GABI MORARU
- NW
- 1 (403) 8741921
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.



