Situated on a generous 50 x 165 ft lot in the prestigious community of Mount Royal, this charming bungalow presents an incredible opportunity for redevelopment or thoughtful renovation. Set among mature trees on a well-established street, this property offers exceptional potential for those looking to build their dream home or invest in Calgary’s most sought-after inner-city neighbourhood. The existing home is full of character, with a spacious main floor layout that includes a large living room with a wood-burning fireplace, a bright dining room, and a sun-filled rear sunroom with antique French tile flooring. The kitchen flows easily into the dining and living spaces, creating a warm and welcoming atmosphere throughout. Two generous bedrooms are located on the main floor, including a primary suite with French doors leading to the beautiful sunroom, and a second bedroom with a picturesque view of the tree-lined street. The lower level offers additional living space with a 4-piece bathroom, oversized laundry area, and a recreation room. Outside, the south-facing backyard is peaceful and private, framed by mature landscaping. A single attached garage sits at the front of the home, with an additional single detached garage off the alley for added convenience or storage. Whether you're looking to renovate a character home or build new on a premier lot, this is a unique opportunity in a location that rarely becomes available at this price point. Walking distance to top-rated schools, vibrant shopping districts, downtown, and parks, this Mount Royal address delivers on both lifestyle and long-term value. Inquire today to explore the possibilities this extraordinary property has to offer.