Discover a rare and exciting development opportunity in the heart of Altadore, one of Calgary?s most coveted inner-city communities. This elevated 5,425 sq ft corner lot comes with an approved Development Permit for a stunning custom single-family home that could be built by the seller. Zoned R-CG, the property offers remarkable flexibility?pursue the approved single-family build, apply to develop two semi-detached homes or three townhomes, or renovate the existing structure to suit your needs. Perched to capture potential downtown views from a second level, the current home features 3 bedrooms and 2 bathrooms on the main floor, along with an illegal basement suite that includes 2 bedrooms, a 3-piece bath, kitchen, and laundry. Ideally located just steps from Marda Loop?s vibrant shops, cafes, parks, and top-rated schools, this property presents endless possibilities in a thriving, high-demand neighborhood.