Welcome to 5220 Grove Hill Road SW- an exceptional opportunity in one of southwest Calgary's most established and sought-after communities. Situated on a mature, tree-lined lot, this spacious bungalow offers over 1,380 sq.ft. above grade plus a developed basement, presenting tremendous potential for builders, investors, renovators, or buyers looking to create long-term value in a prime inner-city location. Surrounded by established homes and redevelopment activity, this property offers strong upside potential whether you're planning a full renovation, custom rebuild, rental investment, or future redevelopment project. The functional existing layout provides excellent bones and a versatile footprint ideal for modernization or expansion. The main level features a bright and spacious living room with oversized front windows, a dedicated dining area, functional kitchen, and an inviting rear family room complete with a fireplace and direct access to the backyard deck - creating an ideal foundation for an open-concept transformation. Two main-floor bedrooms include a generously sized primary retreat with its own 2-piece ensuite, complemented by a full 4-piece bathroom. The developed lower level adds further flexibility with a large recreation room, third bedroom, laundry and utility space, and extensive storage options - ideal for future suite development potential (subject to approvals), multigenerational living, or additional rental income opportunities. Outside, the property features mature landscaping, a private backyard, rear deck, oversized driveway, and attached garage, all situated on a generously sized lot with excellent curb appeal and redevelopment potential. Located in a highly desirable southwest Calgary neighbourhood close to parks, schools, shopping, transit, and major roadways, this is a rare opportunity to secure a property with endless potential in a location where renovated homes and new builds continue to see strong demand. Whether you're a home builder, investor, flipper, or end user with vision, 5220 Grove Hill Road SW offers the chance to renovate, rebuild, hold, or create significant long-term value in an increasingly desirable Calgary market.