
Land with Building(s) For Sale in Calgary, AB (1511 21 Avenue SW) - $2,399,000





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M-C2 Zoned Multi-Residential Development Site
M-C2 Zoned Multi-Residential Development Site




Main Features






The Basics
- Price: $2,399,000
- Property Type: Land with Building(s) / Apartment
- Ad Type: For Sale
- Listing ID: 195175
Location
- Address: 1511 21 Avenue SW
- City: Calgary
- Province/State: Alberta
- Postal/ZIP Code: T2T 0M8

Property Description
Map Location
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Property Description
DEVELOPMENT LAND FOR SALE: Two M-C2 zoned parcels with income generating rental properties
Investment Highlights
- Located in the popular inner-city community of Bankview
- 2 blocks away from the 17 Avenue Entertainment district, Calgary's most priminent commercial corridor
- Convenient access to Downtown Calgary and some of Calgary's tendiest inner-city retail destinations
- Neighbouring community has seen increased mixed-use, multi-residential and infill residential development throughout the last decade
- Located in the hear of one of Calgary's most sought-after rental and condominium markets
Site Details
- Municipal Address: 1505 & 1511 - 21 Avenue SW, Calgary, AB
- Site Area: 10,663 sf of combined site area
- Zoning: M-C2 zoning allows maximum density of 2.5 FAR equating to 26,658 sf of buildable area
Site Features
- The site measures approximately 100 feet in width and 100 feet in depth
- MC-2 zoning allows for the opportunity to develop a purpose build rental or condominium development
- The property is improved with a single tenant house and a 2-storey plus basement 5-plex, allowing a potential developer to generate revenue during the pre-construction phase
- The property features unobstructed views of Downtown Calgary and the Calgary Tower at 3+ stories.
DEVELOPMENT LAND FOR SALE: Two M-C2 zoned parcels with income generating rental properties
Investment Highlights
- Located in the popular inner-city community of Bankview
- 2 blocks away from the 17 Avenue Entertainment district, Calgary's most priminent commercial corridor
- Convenient access to Downtown Calgary and some of Calgary's tendiest inner-city retail destinations
- Neighbouring community has seen increased mixed-use, multi-residential and infill residential development throughout the last decade
- Located in the hear of one of Calgary's most sought-after rental and condominium markets
Site Details
- Municipal Address: 1505 & 1511 - 21 Avenue SW, Calgary, AB
- Site Area: 10,663 sf of combined site area
- Zoning: M-C2 zoning allows maximum density of 2.5 FAR equating to 26,658 sf of buildable area
Site Features
- The site measures approximately 100 feet in width and 100 feet in depth
- MC-2 zoning allows for the opportunity to develop a purpose build rental or condominium development
- The property is improved with a single tenant house and a 2-storey plus basement 5-plex, allowing a potential developer to generate revenue during the pre-construction phase
- The property features unobstructed views of Downtown Calgary and the Calgary Tower at 3+ stories.
Approximate Map Location*
Approximate Map Location*
1511 21 Avenue SW, Calgary, Alberta, Canada T2T 0M8

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* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.
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Seller Name: Mason Thompson
Contact this Seller at 403-232-4340
-OR- Send a Message Below
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This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.
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