724 Canfield Way Sw, Calgary

FULL SIDE-BY-SIDE DUPLEX | APPROX. 2,094 SQ. FT. ABOVE GRADE | 8,200+ SQ. FT. LOT | R-C2 LAND USE | PARK ACROSS THE STREET. An outstanding opportunity to purchase the entire duplex at 722 & 724 Canfield Way SW in the established community of Canyon Meadows. Built in 1969, this substantial brick and stucco property offers approximately 2,094 sq. ft. above grade between the two residences, plus nearly 1,975 sq. ft. of basement area, providing an impressive amount of space and plenty of opportunity to add value. Each side features its own kitchen and living area, two main-floor bedrooms and a 4-piece bathroom. One basement has older development including a recreation room, bedroom, storage and 2-piece bathroom, while the other is largely unfinished with a 2-piece bathroom. The furnace in 722 was replaced in 2025, and the roof was replaced approximately 10 years ago. The existing layouts and entrance configurations provide interesting possibilities for future secondary-suite development. The property is designated R-C2, allowing for secondary-suite opportunities subject to City approval and all applicable requirements. One furnace was replaced in November 2021.

The oversized 8,200+ sq. ft. lot is another major advantage, with approximately 20.1 m (66 ft.) of frontage, front off-street parking, rear lane access and a large backyard offering mature trees and privacy. The generous rear yard also provides excellent potential for future garage development, subject to City approval.

The location adds even more appeal. Set along a mature, tree-lined street with two large trees framing the front yard, the property enjoys park and green space directly across the street, creating a more open outlook. Playgrounds, schools, shopping, walking and bike paths, tennis courts and Canyon Meadows CTrain Station are all nearby, providing convenient access to everyday amenities and transit.

This property is ready for its next chapter and is being offered in its current condition. It will appeal to an investor, renovator or buyer with the vision to update and maximize the potential of the building and exceptional lot. With two residences, one title, substantial above- and below-grade space and an oversized parcel in an established SW Calgary community, this is a compelling opportunity to create long-term value.