Owner has applied for a building permit for legal 8 plex. It is in the process. Exceptional H-GO redevelopment opportunity on a prime 50' x 106 'lot in the heart of Bankview, just steps from 17th Avenue SW! 2131 16A Street SW offers approximately 1,498 sq. ft. above grade, 5 bedrooms, 3 full bathrooms, an illegal basement suite, downtown skyline views, rear lane access and valuable H-GO zoning—an outstanding combination for homeowners, investors and developers.
This distinctive two-storey character home offers a spacious and functional layout with high ceilings, hardwood flooring, generous room sizes and plenty of natural light. The developed lower level includes an illegal suite, providing flexibility for extended family .
Outside, enjoy a private fenced yard, mature landscaping, rear lane access and ample off-street parking. The elevated Bankview setting provides attractive downtown views, while the location puts you within an easy walk of the restaurants, cafés, shopping and nightlife of 17th Avenue, with Marda Loop and downtown Calgary only minutes away.
A major highlight is the property's H-GO zoning, offering enhanced density and redevelopment potential for builders and investors looking to hold, renovate or explore future multi-residential development, subject to City approvals and applicable development requirements.
Live in it, rent it, hold it or redevelop it—a rare opportunity to secure a prime 50' x 118' inner-city lot with H-GO zoning, an existing income-producing home and an exceptional Bankview location.Please note seller will not be providing rpr.
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:
1
Home Style:
2 Storey
Total Living Area:
1,542.08 sq. ft.143 m2
Main Level Finished Area:
998.5 sq. ft.92.8 m2
Upper Level Finished Area:
543.58 sq. ft.50.5 m2
Below Grade Finished Area:
897.64 sq. ft.83.4 m2
Acreage:
No
Lot Area:
5,898 sq. ft.548 m2
Lot Frontage:
49'10½"15.2 m
Front Exposure:
East
Levels:
Two
Total Rooms Above Grade:
5
Year built:
1950
(Age: 76)
Bedrooms:
5
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms On Main:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0
(Full:3, Half:0)
Num Ensuite Baths:
0
Plan:
261L
Heating:
Forced Air
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco
Structure Type:
House
Roof:
Asphalt Shingle, Wood
Ensuite:
No
Flooring:
Hardwood, Tile
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Off Street
Parking Places:
4
Parking Total/Covered:
4 /
-
Laundry Features:
In Basement
Southwest
Bankview (Calgary)
Dryer, Electric Stove, Refrigerator, Washer
none
None Known
Floor
Type
Size
Other
Main Floor
Living Room
14'4.27 m × 13'8"4.17 m
Main Floor
Bedroom
11'3.35 m × 10'3.05 m
Main Floor
Kitchen
12'10"3.91 m × 9'2.74 m
Main Floor
Bedroom
11'3.35 m × 10'3.05 m
2nd Floor
Bedroom - Primary
19'5.79 m × 12'10"3.91 m
Basement
Kitchen
11'11"3.63 m × 8'4"2.54 m
Basement
Bedroom
12'10"3.91 m × 7'7"2.31 m
Basement
Furnace/Utility Room
12'11"3.94 m × 9'9"2.97 m
Basement
Great Room
19'6"5.94 m × 12'6"3.81 m
Basement
Bedroom
11'7"3.53 m × 10'3"3.12 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
2nd Floor
No
3
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Data was last updated August 13, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$292,200
Min list price:
$169,900
Max list price:
$1,499,000
Avg days on market:
41
Min days on market:
1
Max days on market:
413
Avg price per sq.ft.:
$356.9
These statistics are generated based on the current listing's property type
and located in
Bankview. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.