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

1511 21 Avenue SW


M-C2 Zoned Multi-Residential Development Site

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

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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The Basics
  • Property Type: Land with Building(s) / Apartment
  • Ad Type: For Sale
  • Listing ID: 195175
Price: $2,399,000
Main Features
0 Bedrooms
0 Bathrooms
Square Feet
Lot Size
2.5 Stories
Year Built
Annual Taxes
Unspecified Parking
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Mason Thompson

403-232-4340 Send Email
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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.

Map Location

Approximate Map Location*

1511 21 Avenue SW, Calgary, Alberta, Canada   T2T 0M8

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Seller Name:

Mason Thompson



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