ATTENTION Savvy investors and developers! Looking for a multi-faceted premium inner city build location offering outstanding downtown views in a highly desirable community? This is it! Perched atop the peak of South Calgary with panoramic city views this 50' x 125' M-CG zoned lot allows you to build now or buy and hold. Updated bungalow can easily be lived in or rented out. This prime central location is hard to beat. Offering quick access to the downtown core, eclectic shops along 17 avenue and Marda Loop, school, parks, off leash dog parks, bike paths, shopping and major city roadways. Modern bungalow boasts an updated exterior, open floor plan and many large windows, natural light and spacious tiled front entry. Flat painted ceilings and site finished hardwood floors throughout. Focal point central wood burning fireplace runs from and services both the walkout and top level and is clad in retro elongated brick. Updated kitchen complete with granite countertops and island, flat front cabinetry with brushed Nickle hardware plus ample pot lighting. Stainless steel appliances include a built in wall oven, French door fridge and gas cooktop. Garden door to large balcony with impressive and unobstructed city views. Sprawling living room. Large main floor bedroom or office. Privately located powder bath. Walkout level is complete with a bright rec room, 2 generous bedrooms and 2 updated bathrooms. The master suite features a walk-in closet with built-in organizers. Updated master ensuite with granite countertops, dual sinks, tile floors, soaker tub plus a separate 2 person tile and glass shower. Second lower 3 piece bath is finished to the same standards. Large laundry and a TON of extra storage. This is a superb multi-faceted inner city property. With record low interest rates and low inventory this is the best time to INVEST IN CALGARY!