2837 16 Avenue SE
Calgary, Alberta
MLS® A2355745
$899,900
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2355745
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
PRIME REDEVELOPMENT OPPORTUNITY IN ALBERT PARK/RADISSON HEIGHTS! Attention builders, developers and investors! This fully cleared, fee-simple corner parcel offers approximately 75’ x 120’ of land, with a total registered area of 8,977 sq.
ft. Zoned M-C1, with a maximum density of 148 units per hectare, the property offers theoretical potential for approximately 12 residential units, subject to City of Calgary approval, site design and applicable development regulations. Explore the possibilities for townhomes, a low-profile apartment development or a multi-unit rental project.
The corner location provides excellent exposure, along with side alley access, offering valuable flexibility for building design, parking configurations and garage access. A significant advantage for developers: The existing home has been professionally demolished, with services capped at the lot line. No demolition required, no tenants to relocate and a cleared site ready for redevelopment planning.
Ideally situated in the established community of Albert Park/Radisson Heights, just minutes from downtown Calgary, Deerfoot Trail and Memorial Drive. Conveniently located near the vibrant 17 Avenue SE International Avenue corridor, MAX Purple transit service, shopping, restaurants, schools and recreational amenities. Whether you’re considering a multi-unit rental investment, a build-and-sell townhome project or adding to your land portfolio, this property presents an exciting opportunity in an established inner-city community.
Vacant land with immediate possession available. Sale is subject to GST. Bring your vision and explore the possibilities!
Property summary
- MLS® number
- A2355745
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 834 square meters
- Annual property taxes
- $3,587.00
- Days on market
- 4 days
What would this home cost you?
Based on the $899,900 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 RE/MAX Realty Professionals, CALGARY.
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.