Attention Investors and Developers! Don't miss this rare opportunity to acquire a fantastic 50x125' R-C2 CORNER LOT in the Winston Heights community, currently zoned R-C2. **Currently zoned R-C2 is "PROPOSED" to be changed to R-CG on August 6th 2024, as per CITY BLANKET RE-ZONING RULES (please confirm with the City of Calgary). This lot holds immense potential for redevelopment, possibly into a 4 to 8 unit building with the appropriate City Approval and Zoning. The property features a spacious bungalow with a LEGAL basement suite, boasting separate laundry on both levels. It is nestled on a serene street with numerous new constructions, and offers proximity to a golf course, shopping centers, and transit. Additional features include a large single detached garage, paved back alley, and mature trees enhancing the yard's charm. Plus, it's just a 30-minute walk to downtown and a 15-minute walk to the future Green Line Station. With the neighborhood witnessing a surge in new developments, the potential for redevelopment or sustained rental income is highly promising. Don't miss out on this exceptional value!