1503 1 Street SE
Calgary, Alberta
MLS® A2320306
$969,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2320306
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 7Listing description
For more information, please click the "More Information" button. Development Permit approved boutique hotel development opportunity in Calgary's Culture + Entertainment District. Positioned in one of downtown Calgary's most dynamic and rapidly evolving neighborhoods, this rare offering is located just steps from the expanded BMO Centre, Stampede Park, Scotiabank Saddledome, Victoria Park/Stampede LRT Station, and the future Event Centre.
Surrounded by year-round conventions, concerts, sporting events, festivals, restaurants, cafés, wellness services, and entertainment venues, the site benefits from exceptional connectivity within Calgary's premier hospitality corridor. The approved development contemplates a distinctive 12-suite boutique hotel comprising approximately 6,600 square feet of gross floor area. The concept has been designed around a modern, technology-enabled hospitality model featuring self-service operations, fully equipped suites, flexible stay options, and curated guest experiences.
Rather than relying on extensive on-site amenities, the project is positioned to leverage the surrounding ecosystem of restaurants, fitness studios, wellness providers, cafés, nightlife, and entertainment venues that define the Culture + Entertainment District, creating a highly efficient and scalable boutique hospitality offering. Designed to appeal to business travelers, event attendees, digital nomads, tourists, and extended-stay guests, the project offers a unique alternative to traditional hotel accommodations while benefiting from one of Calgary's most active and walkable urban destinations. Unlike many development opportunities requiring extensive planning and entitlement work, this property offers the advantage of an approved development permit, creating a compelling opportunity for developers, hospitality operators, investors, and owner-operators.
The surrounding district continues to benefit from significant public and private investment, including major event , entertainment, convention, and infrastructure projects that continue to transform downtown Calgary. A rare opportunity to acquire a development-ready hospitality project in the heart of Calgary's Culture + Entertainment District. Listing contains rendering photos.
Property summary
- MLS® number
- A2320306
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 1650 square feet
- Annual property taxes
- $7,524.00
- Days on market
- 101 days
What would this home cost you?
Based on the $969,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Easy List Realty, Edmonton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.