Attention developers and investors! This 50’ x 130’ R-CG zoned lot offers exceptional potential for a high-density residential project in one of Calgary’s sought-after inner-city neighborhoods. With zoning in place to accommodate up to MULTI UNIT, this property is a rare find for those looking to capitalise on Calgary’s growing demand for multi-family housing.
Currently, the lot features a small home and a double detached garage, providing holding income while you plan your project. Whether you envision modern townhomes, stylish row housing, or a mix of residential options, this site is perfectly positioned for a lucrative development.
Key Highlights:
? 50’ x 130’ R-CG Zoned Lot – Ready for multi-unit development
? Potential for up to MULTIPLE UNITS (as per zoning regulations)
? Prime location – Close to transit, parks, schools, and amenities
? Existing home + garage – Ideal for short-term rental or interim use
? Strong market demand for affordable, well-located housing options
Opportunities like this don’t come often—act now to secure this strategic investment property before it's gone!
Data was last updated March 31, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$499,000
Min list price:
$279,900
Max list price:
$829,900
Avg days on market:
24
Min days on market:
1
Max days on market:
123
Avg price per sq.ft.:
$446.1
These statistics are generated based on the current listing's property type
and located in
Albert Park/Radisson Heights. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.