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$ 1,895,000
Est. payment | /mo
0.38 Acres Lot
$ 1,895,000
Est. payment | /mo
0.38 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Montgomery
MLS Listing ID A2313994
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Residential Land
Property Description
OVER 14,000 SQFT OF DEVELOPMENT LAND! DP APPROVED FOR 18 UNITS! READY TO BUILD! Exceptional development opportunity in the heart of Montgomery with development permits already in place for a total of 18 units. Situated on a massive corner assembly with over 14,000 SQFT of land,this is a rare turnkey opportunity for builders and investors looking for a high-demand inner-city project with significant upside. The approved plans feature a thoughtfully designed multi-unit development ideal for separate titled sales,long-term rentals,or CMHC MLI Select financing strategies.
This is not your typical project—professional designs have already been completed,allowing a buyer to move quickly toward construction. The site layout also incorporates attractive resident green space and functional parking,enhancing long-term livability and appeal.
Ideally located close to numerous amenities,public transit,the University of Calgary,Foothills Hospital,parks,and river pathways,the property also offers quick access to downtown and an easy escape west to the mountains. Montgomery continues to be one of Calgary's most sought-after inner-city communities due to its strong rental demand,ongoing redevelopment,and exceptional connectivity.
(Potentially an additional adjacent 50x120 ft lot available for purchase should a buyer be looking to expand the development footprint even further.) A rare opportunity to secure a premium ready-to-build development site in one of Calgary's strongest urban growth corridors.
This is not your typical project—professional designs have already been completed,allowing a buyer to move quickly toward construction. The site layout also incorporates attractive resident green space and functional parking,enhancing long-term livability and appeal.
Ideally located close to numerous amenities,public transit,the University of Calgary,Foothills Hospital,parks,and river pathways,the property also offers quick access to downtown and an easy escape west to the mountains. Montgomery continues to be one of Calgary's most sought-after inner-city communities due to its strong rental demand,ongoing redevelopment,and exceptional connectivity.
(Potentially an additional adjacent 50x120 ft lot available for purchase should a buyer be looking to expand the development footprint even further.) A rare opportunity to secure a premium ready-to-build development site in one of Calgary's strongest urban growth corridors.
Location
Province AB
County Cal Zone Nw
Area Cal Zone Nw
Zoning R-CG
Interior
Fireplace No
Exterior
Fence Partial
Garage No
Others
Restrictions None Known
Listed by The Real Estate District
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Grace Logura
Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.
keith mascarenhas
If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
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