Stunning Townhouse in Lower Mount Royal

Welcome to Mount Royal, one of Calgary’s most prestigious and historic neighborhoods,
renowned for its elegant homes, tree-lined streets, and rich heritage.

Historical Significance

Established in the early 1900s, Mount Royal was originally known as “American Hill” due to the influx of American settlers. It quickly became an exclusive enclave for Calgary’s affluent citizens, a reputation that endures today.







Architectural Elegance

The neighborhood boasts a diverse array of architectural styles, from historic mansions to modern luxury homes, reflecting its century-long evolution and the preservation of its unique character.







Proximity to Downtown

Situated just south of Calgary’s downtown core, Mount Royal offers residents the tranquility of suburban living with the convenience of urban proximity, providing easy access to business, entertainment, and cultural hubs.







Educational Institutions

The community is served by reputable schools, including Earl Grey Elementary School, Mount Royal Junior High, and Western Canada High School, making it an ideal location for families seeking quality education for their children.







Community Engagement

The Mount Royal Community Association (MRCA) actively organizes events, recreational activities, and initiatives aimed at preserving the neighborhood’s heritage and enhancing the quality of life for its residents.







Green Spaces and Parks

Residents enjoy access to well-maintained parks and green spaces, offering opportunities for outdoor activities, leisurely walks, and community gatherings amidst the neighborhood’s natural beauty.

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1003 Cameron Avenue SW

Lower Mount RoyalCalgaryT2T 0K2

$2,490,000

Multi-Family4,356 sq. ft.built: 1950

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Status:

Active

Prop. Type:

Multi-Family

MLS® Num:

A2181924

Year Built:

1950

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Exceptional Investment Opportunity: 4-Plex-Bungalow House with 3 Attached Townhouses in Prime Mount Royal Location! Introducing a unique and remarkable 4-plex at 1003 Cameron Ave SW, perfectly nestled in the sought-after Lower Mount Royal neighbourhood. This prime real estate boasts an unbeatable location, just steps away from the vibrant heart of 17th Ave SW, making it a coveted choice for savvy investors and visionary developers alike. This exceptional property features a spacious bungalow house with three bedrooms alongside three additional attached townhouses, all fully rented, ensuring immediate revenue generation. The main of the bungalow house floor unit showcases a bright living room, a charming dining area, a well-equipped kitchen, a sunroom, and a full bathroom. The fully developed basement further enhances the property's appeal by including two separate, self-contained units: one 2-bedroom and one 1-bedroom, each equipped with its own kitchen and bathroom. Collectively, the property generates an impressive income of $12,000 per month, with abundant potential for even higher returns. The three townhouses, accessible from Royal Ave, are in excellent condition and designed for tenant appeal, featuring configurations that include one townhouse with three bedrooms and 1.5 bathrooms, while the others offer two bedrooms each, with either 1.5 or 1 bathroom. All units come with unobstructed downtown views. Spanning an expansive 6,921.19 sq ft, the lot is zoned M-C2, offering substantial development potential of up to 5 stories. With no maximum density for the site, current zoning allows for a building size of up to 17,230 sq ft and a maximum height of 16.0m (52.5 ft), making this property a haven for ambitious developers eager to innovate. Additional Highlights: Parking On-Site: Convenient on-site parking for tenants and guests, enhancing the property's appeal. Unique Access Points: Access from 9th Street, Royal Ave, and Cameron Ave ensures easy entry for residents. Natural Parkade Opportunities: The lot’s advantageous slope creates a cost-effective opportunity for a natural parkade entrance along Cameron Ave. With a solid monthly rental income and significant potential for appreciation, this investment is truly attractive in a blue-chip location with breathtaking views. Additionally, there is ample room to explore possibilities for condominium conversion or enhanced revenue streams. After years of ownership since the 1950s, this developer-friendly seller is open to creative insights—don’t miss out on this fantastic investment opportunity!

General Info:

Property Type:

Multi-Family

Property Sub Type:

Row/Townhouse

Transaction Type:

For Sale

Possession:

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Possession Date:

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Home Style:

3 Level Split, Bungalow

Total Living Area:

4,355.6 sq. ft.405 m2

Lower Level Finished Area:

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Above Grade Finished Area:

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Taxes:

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Tax Assessed Value:

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HOA Fee Includes:

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Lot Area:

6,921 sq. ft.643 m2

Acres Cleared:

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Acres Cultivated:

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Acres Irrigated:

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Acres Leasehold:

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Acres Not Cultivated:

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Acres Freehold:

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Acres Waste:

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Acres Water Rights:

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Reg. Size:

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Reg. Size Includes:

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Levels:

One and One Half

Year built:

1950 (Age: 75)

Bathrooms:

- (Full:-, Half:-)

Plan:

179R

Additional Info:

Heating:

Fireplace(s), Forced Air, Natural Gas

Basement:

Separate/Exterior Entry, See Remarks, Suite, Walk-Up To Grade

Foundation:

Poured Concrete

New Constr.:

No

Construction Material:

Brick, Concrete, Vinyl Siding, Wood Frame

Structure Type:

Four Plex

Roof:

Asphalt Shingle

Ensuite:

No

Flooring:

Carpet, Ceramic Tile

Cooling:

None

Fireplaces:

1

Fireplace Details:

Gas

Garage:

1

Garage Spaces:

9

Parking:

Double Garage Attached, Parking Pad

Parking Places:

2

Parking Total/Covered:

2 / -

Laundry Features:

In Basement

Community:

Lower Mount Royal

Appliances:

Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Refrigerator, Washer, Washer/Dryer Stacked

Inclusions:

n/a

Restrictions:

None Known

Pets Allowed:

Yes

Land Info:

Title to Land:

Fee Simple

Community Features:

Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Interior Features:

Ceiling Fan(s), Laminate Counters, Separate Entrance

Exterior Features:

Garden, Rain Gutters

Lot Features:

Corner Lot, Front Yard

Num. of Parcels:

0

Fencing:

None

Region:

Calgary

Zone:

CAL Zone CC

Zoning:

M-C2

Listing Info:

Listed Date:

Dec 03, 2024

Days on Mkt:

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Listed by eXp Realty

Data was last updated April 18, 2025 at 06:05 AM (UTC)

Area Statistics

Listings on market:

18

Avg list price:

$1,345,000

Min list price:

$313,000

Max list price:

$3,200,000

Avg days on market:

39

Min days on market:

1

Max days on market:

136

Avg price per sq.ft.:

$573.45

These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.

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• MARK VERZYL
• GREATER YYC GROUP
• +1 403-617-9998
• 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.

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Why Choose Mount Royal?

Mount Royal seamlessly blends historical charm with modern amenities, offering a unique living experience characterized by elegance, community spirit, and convenience. Its rich heritage, combined with its proximity to downtown Calgary and commitment to preserving its distinctive character, makes it a sought-after neighborhood for discerning homeowners.

Experience the Mount Royal Lifestyle

Living in Mount Royal means being part of a community that values tradition, quality of life, and active engagement. Whether you’re exploring its historic streets, participating in community events, or enjoying the nearby urban amenities, Mount Royal provides a distinguished and fulfilling living experience for all its residents.