CalgaryListings Insight This home at 4 Cheyenne Crescent NW is a 2-bedroom home with 2 bathrooms. Built in 1960, it is located in the community of Charleswood and offers 1,071 sq ft of living space above grade. Additional features include a fully finished basement with a separate entrance, a single garage, laminate flooring, and a corner lot. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. This one is new to market, so showing access and offer timing may matter. MLS® A2354914.
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**Rare Investment and Redevelopment Opportunity in Charleswood**
Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property.
The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants.
The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex.
The approved Development Permit and building plans are included in the listing documents.
This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood.
**Please note:** The Development Permit is currently under appeal.
Property Taxes
$5,004/yr (2026)
Listing Information
MLS® NumberA2354914
StatusActive
List Price$899, 000
Days on Market6 days
OccupancyTenant
Property Details
Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft1, 071 sq ft
Year Built1960
Bedrooms2
Full Bathrooms2
Total Bathrooms2
Interior
BasementFull, Finished, Separate/Exterior Entry
FlooringLaminate
Fireplaces0
HeatingForced Air, Natural Gas
Air ConditioningNone
Exterior & Parking
ExteriorAsphalt, Concrete, Stucco
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces1
Total Parking1
Patio / DeckNone
Site & Lot
Lot Size5, 887 sq ft
Lot Acres0.14 acres
Lot Width85.24
Lot FeaturesCorner Lot
Water SourcePublic
SewerPublic Sewer
Legal Description9046HO;1;42
Inclusions
Electric Range,Electric Stove,Refrigerator,Washer/Dryer
Room Dimensions
Main Level
4pc Bathroom6`6" × 7`7"
Bedroom10`2" × 9`8"
Bedroom10`2" × 11`1"
Dining Room6`1" × 8`0"
Kitchen10`7" × 10`0"
Living Room17`2" × 12`7"
Basement Level
3pc Bathroom4`11" × 7`1"
Bedroom9`3" × 10`2"
Kitchen13`4" × 3`0"
Office9`6" × 10`4"
Game Room14`10" × 20`11"
Furnace/Utility Room6`4" × 9`4"
Listing Office
SkaiRise Realty
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.
Property History
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4 Cheyenne Crescent NW has been listed 2 times before — see each asking price, what happened, and any sold prices.
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What did similar homes here actually sell for?
Calgary Listings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.
Time on marketOn the market 6 days. Detached homes that sold in Charleswood over October 2025 – September 2026 averaged 28 days.
Price per sq ft$839 per sq ft above grade at asking, about 14% above the $735 per sq ft median across 10 comparable active detached homes in Charleswood.
Worked out from this MLS® record, our published community data and the other active listings in Charleswood. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.
Where this price sits in Charleswood
Asking $899,000. That is about 6% above the $850,000 median sale price for detached homes in Charleswood over October 2025 – September 2026, across 45 recorded sales. Those sales took 28 days on the market on average. Across all home types, sellers in Charleswood got 100.0% of their asking price on average and the community was carrying 3.1 months of supply.
Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.
Schools near this home
Senator Patrick Burns SchoolPublic (CBE) · Elementary/Junior High · 278 m · about 2 mins by carSchool website
Banff Trail SchoolPublic (CBE) · Elementary · 968 m · about 3 mins by carSchool website
St. Francis High SchoolCatholic (CCSD) · Senior High · 1.2 km · about 3 mins by carSchool website
William Aberhart High SchoolPublic (CBE) · Junior High/Senior High · 1.3 km · about 3 mins by carSchool website
Distances and drive times are measured from the centre of Charleswood, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.
Commute from Charleswood
Destination
By car
By transit
Downtown Calgary
15 mins
41 mins
University of Calgary
5 mins
11 mins
Foothills Medical Centre
8 mins
27 mins
Mount Royal University
11 mins
29 mins
Calgary International Airport
15 mins
55 mins
Westside Recreation Centre
18 mins
1 hour 0 mins
Off-peak estimates measured from the centre of Charleswood, not from this address. Live traffic varies.
Who lives in Charleswood
3,595Population
2.5Average household size
74%Owner-occupied households
$115KMedian household income
15%Residents aged 0–14
2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Charleswood census profile →
Questions about this home
Is 4 Cheyenne Crescent NW for sale?
Yes. 4 Cheyenne Crescent NW in Charleswood is an active MLS® listing (MLS® A2354914). It has been on the market 6 days. Listing data last updated 2026-10-26.
What is the asking price of 4 Cheyenne Crescent NW?
4 Cheyenne Crescent NW in Charleswood is listed at $899,000.
How many bedrooms and bathrooms does 4 Cheyenne Crescent NW have?
4 Cheyenne Crescent NW in Charleswood has 2 bedrooms and 2 bathrooms. The listing records 1,071 sq ft above grade. It is a detached house.
How does the asking price of 4 Cheyenne Crescent NW compare with the Charleswood market?
Its $899,000 asking price is about 6% above the $850,000 median sale price for detached homes in Charleswood (October 2025 – September 2026, 45 sales). Medians are not adjusted for size, age or condition.
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