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$ 3,500,000
Est. payment | /mo
0.32 Acres Lot
$ 3,500,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Crescent Heights
MLS Listing ID A2334930
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Residential Land
Property Description
DP APPROVED | RARE INNER-CITY DEVELOPMENT OPPORTUNITY! ATTENTION DEVELOPERS,BUILDERS & INVESTORS! A rare opportunity to acquire one of Calgary's premier inner-city development sites in the highly sought-after community of Crescent Heights. This exceptional 100' x 140' (14,000 sq. ft.) development site comes with a fully approved Development Permit (DP) for a thoughtfully designed 5-storey,40-unit condominium development,offering a significant advantage in one of Calgary's most competitive development markets.
The approved plans feature 40 residential units,27 underground parking stalls,two premium penthouse units,and an impressive rooftop amenity space designed to capture breathtaking panoramic views of the downtown skyline and Bow River. With the Development Permit already secured,a purchaser can proceed directly to the next stages of the development process without navigating the lengthy entitlement and approval process.
Perfectly positioned overlooking downtown Calgary,this premier Crescent Heights location is just steps from the Bow River pathway system,Prince's Island Park,Bridgeland,Centre Street,transit,restaurants,cafés,and the downtown core. Future residents will enjoy exceptional walkability,outstanding connectivity,and some of Calgary's most spectacular river and skyline views.
Development opportunities of this scale with a fully approved Development Permit in Crescent Heights are exceptionally rare. Whether you're an experienced multifamily developer or an investor seeking a premier inner-city development opportunity,this offering represents a unique chance to secure a high-quality project in one of Calgary's most desirable and rapidly evolving neighborhoods.
Development Permit drawings and supporting documentation are available upon request. Please note: 420 Meredith Road NE and 422 Meredith Road NE are being sold together as one offering and will not be sold separately.
The approved plans feature 40 residential units,27 underground parking stalls,two premium penthouse units,and an impressive rooftop amenity space designed to capture breathtaking panoramic views of the downtown skyline and Bow River. With the Development Permit already secured,a purchaser can proceed directly to the next stages of the development process without navigating the lengthy entitlement and approval process.
Perfectly positioned overlooking downtown Calgary,this premier Crescent Heights location is just steps from the Bow River pathway system,Prince's Island Park,Bridgeland,Centre Street,transit,restaurants,cafés,and the downtown core. Future residents will enjoy exceptional walkability,outstanding connectivity,and some of Calgary's most spectacular river and skyline views.
Development opportunities of this scale with a fully approved Development Permit in Crescent Heights are exceptionally rare. Whether you're an experienced multifamily developer or an investor seeking a premier inner-city development opportunity,this offering represents a unique chance to secure a high-quality project in one of Calgary's most desirable and rapidly evolving neighborhoods.
Development Permit drawings and supporting documentation are available upon request. Please note: 420 Meredith Road NE and 422 Meredith Road NE are being sold together as one offering and will not be sold separately.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning MC-2
Direction NE
Interior
Fireplace No
Exterior
Fence Fenced
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Garbage Collection, Phone Available, Water Available
Garage No
Others
Restrictions None Known
Listed by Premiere Realty Direct
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Sara Bietz
I’ve had the pleasure of working with Viren in Arbour Lake, and I’ve always been impressed with how professional, responsive, and easy to work with they are. They genuinely care about their clients and consistently go above and beyond to make sure things are handled properly.
It’s always a pleasure working with someone who is knowledgeable, reliable, and truly puts their clients first. I would happily recommend Viren to anyone looking for a great realtor in Calgary’s Northwest.
Geeta Singh
As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.
Sartaj Sekhon
Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary.
What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road.
Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue!
If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!
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