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

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Land with Building(s) / Apartment For Sale in Calgary, AB

Main Features

0 Bedrooms
0 Bathrooms
Unspecified Square Feet
0.245 Lot Size
2.5 Stories
Unspecified Parking

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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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*

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.
Seller Name: Mason Thompson
Contact this Seller at 403-232-4340
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