The property is perfect for investors or builders looking to get into one of Calgary's fastest-growing redevelopment communities – Montgomery. The desirable 50X120 ft lot with R-CG zoning has incredible opportunity for an income property or future redevelopment. (R-CG is a residential designation that is primarily for rowhouses but also allows for single-detached, side-by-side and duplex homes that may include a secondary suite, subject to approval and permitting by the city/municipality). This charming 2-bedroom bungalow has been well maintained to rent easily while getting development permits or just move in and enjoy your own house with a beautiful garden and oversized double detached garage. The basement features a recreation room, 3rd bedroom (non-egress window), 2 pc bathroom, and laundry room. This home is perfect for the investor who may be waiting to build, since the home is appealing and livable. Montgomery is filled with amenities in every direction: Market Mall, University District, WinSport, Shouldice Park, McMahon Stadium, Foothills Medical Campus and Children's Hospital are all less than 10 minutes away. Walk to Edworthy Park and the Bow River pathways. Ride your bike downtown in 20 minutes. New roof shingles in 2021. Don't miss this opportunity to own a full 50' X 120' lot in desirable Montgomery. Call to book your private viewing today!