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

1505 & 1511 21 Ave S.W.


M-C2 Development Downtown(30unit) with 5Plex+House

Land with Building(s) / Apartment / Bi-Level For Sale in Calgary, AB - 12 bed, 7 bathLand with Building(s) / Apartment / Bi-Level For Sale in Calgary, AB - 12 bed, 7 bathLand with Building(s) / Apartment / Bi-Level For Sale in Calgary, AB - 12 bed, 7 bath

This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

  • Description
  • Other Features
  • Map Location
  • Mortgage
Property Description

Bankview Development Site adjacent to Downtown Calgary and Mt. Royal communities. New development will enjoy fantastic unobstructed VIEW OF DOWNTOWN & CALGARY TOWER from the 3rd to 5/6th story.

Four x 25ft lots total, with ~ 100 x 107 ft. Total Site Area: 10,663 sq.ft. ZONING M-C2 - Multi-Residential - Contextual Medium Profile with FAR 2.5 and 16m height allows up to 5 story build with +/- 30 UNITS depending on unit size within the ~26,658 sq.ft. of developable area. Build a long term rental or condo multi-family building. EXAMPLE: with 30 x 800 sq.ft. units @ $450k ea. = $13,500,000 REDEVELOPMENT POTENTIAL.

Current rental income 1912 double brick renovated Victorian 1&1/2 story house with detached garage and greenhouse + 1960s 2 ½ storey 5-plex (4x900 sq ft 2 beds, 1x600 sq ft 1 bed) to support holding with good rental income. Drive by viewing welcome, please do not disturb tenants.

Street address(s) are 1505 & 1511 - 21 Avenue SW, Calgary, AB - Plan 1696L Lots 12, 13, 14, 15. ~20 MIN WALK TO DOWNTOWN Kirby CTrain (Free Fare Zone) or short drive / bike ride. Excellent development site on quiet 21st avenue near many parks but close connection to major transport arteries like Crowchild trail. Walkable site near Mt. Royal Jr. High School, only a 4 min walk (2 blocks) to Uptown 17th Avenue and 14th Street arts, culture, dining, and other amenities. Seller is 3rd generation Calgarian real estate investor, commission to buyers agent negotiable.

Other Features
Legal Suite
Private Entrance
Map Location

Approximate Map Location*

1505 & 1511 21 Ave S.W., 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:

Jeffrey Rempel


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Jeffrey Rempel

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The Basics
  • Property Type: Land with Building(s) / Apartment / Bi-Level
  • Ad Type: For Sale
  • Ownership: Freehold/Fee Simple
  • Listing ID: 374057
Price: $3,398,000
Main Features
12 Bedrooms
7 Bathrooms
Square Feet
100 x 107 ft
Lot Size
2.5 Storeys
Built in 1912
Annual Taxes
Detached Garage, Driveway, Street Parking