**DEVELOPERS AND INVESTORS: 50 x 120’ R-C2 lot. Welcome to this meticulously & lovingly maintained 1260 SqFt bungalow nestled in the inner city community of Capitol Hill. With blanket zoning approved, this property presents an exceptional opportunity as a development or revenue property with off-street parking for 4 vehicles (subject to approval and permitting by city/municipality). With 1940’s charm, some more recent updates, & over 2300 SqFt of living area, this property is a gem & ready for occupancy. Main Floor boasts an oversized Primary Bedroom with generous closets (one with a built-in-desk/hidden work station), spacious 4 pc Bathroom with tub & walk-in shower, Main Floor Laundry outlets, large 2nd Bedroom with deep closet, cosy Living Room with a bay window, large Kitchen & Dining area with plenty of counter space, Custom Built wood cabinetry & access to large raised deck. Natural Hardwood Flooring in Excellent Condition throughout main floor adds warmth & character. Basement is fully developed with a side entry, large Kitchen with laundry hookups, Bedroom (closet located just outside), updated 3 pc Bathroom with walk-in shower, Family Room, & Storage Room. A third set of Laundry hookups is located in the storage room. The expansive Sunny SOUTH Backyard is perfect for outdoor gatherings with family & friends or unwinding on the huge 10'7 X 18'7 deck. Ample Parking with rear alley Detached Double Garage AND a 2 car tandem Front Driveway. Capitol Hill offers a myriad of amenities within walking distance, such as cafes, shops, restaurants, grocery stores, green space & parks. Schools from K-12 & post-secondary, including UofC, SAIT & AU Arts. Commuting is a breeze from this location! Bus stops are just steps away, less than 15 minute walk to LRT Stations, & a quick 10 minute drive (45 minute walk) to Downtown, Foothills Hospital or Children's Hospital. Nearby Confederation Park provides access to the Calgary Pathway System for walking, biking or running & Golf Course. Main Floor was professionally renovated in 2003, including addition, windows & Electric Panel. New shingles on House in 2023. Garage shingles done 2015. Hot Water Tank installed 2016. Excellent home and lot in a prime location.