Attention Investors and Builders! Exceptional opportunity to own a 50' x 120' CORNER lot in the highly sought-after community of Capitol Hill, situated on a quiet, tree-lined street in a prime location. This well-maintained, solid bungalow offers excellent value as a rental property, a comfortable home, or a future redevelopment opportunity. The main floor features two spacious bedrooms, a bright kitchen, a dining area, and a full 4-piece bathroom. The developed basement includes a generous family room and a third bedroom (bedroom windows are not large enough for egress), providing additional living space and flexibility. Outside, you'll find a fully fenced backyard complete with a large deck, mature trees, and a greenhouse—perfect for gardening, entertaining, or relaxing. Whether you're looking to invest, renovate, rent, or build your dream home, this property offers outstanding potential in one of Calgary's most desirable inner-city neighbourhoods.