Outstanding opportunity to acquire a fully assembled, mid-block development site in Calgary’s Beltline community. This 9,756 square foot site spans three contiguous lots at 1314, 1316, and 1318 15 Avenue SW and is currently zoned CC-MH (Centre City Multi-Residential High Rise District) under Land Use Bylaw 1P2007. This zoning supports a Floor Area Ratio (FAR) of up to 5.0, allowing for substantial future density in one of Calgary’s most dynamic and walkable urban neighbourhoods. The site is rectangular in shape with approximately 75 feet of frontage along 15 Avenue SW and rear lane access, offering strong development efficiency. Located between 12 Street and 14 Street SW, it enjoys immediate access to key commuter routes including 14 Street, 17 Avenue, and 12 Avenue SW, with nearby transit options enhancing connectivity for future residents or tenants. The property is within walking distance to grocery stores, restaurants, fitness studios, and both downtown and 17th Avenue’s retail corridors—an essential attribute for any successful multi-residential project. The land is improved with three separate structures: two are currently rented out, and the third is used as a professional office space. These improvements generate short-term holding income and provide flexibility for interim commercial or residential uses (subject to City of Calgary approvals). The site’s existing configuration and tenancies reduce carrying costs while future development planning is underway. This valuation reflects comparability to several recent area land transactions, adjusted for location, zoning, and development readiness. No development applications have been submitted to date, providing a clean slate for a custom-built vision. With its location inside the Beltline Area Redevelopment Plan, this parcel benefits from a municipal planning framework that prioritizes high-density residential growth. The CC-MH zoning allows for a wide range of uses and building forms, with potential for furth er density incentives where community benefit contributions apply. Whether you're a builder, developer, or investor seeking to hold income-producing land in Calgary’s inner core, this offering provides both immediate utility and long-term potential in equal measure. (id:51989)
Bathroom Total | 2 | Bedrooms Above Ground | 3 |
Bedrooms Total | 3 | Appliances | Refrigerator, Range, Washer & Dryer |
Basement Development | Partially Finished | Basement Type | Full (partially Finished) |
Constructed Date | 1911 | Construction Material | Wood Frame |
Construction Style Attachment | Detached | Cooling Type | None |
Exterior Finish | Wood Siding | Flooring Type | Carpeted, Linoleum |
Foundation Type | Poured Concrete | Heating Fuel | Natural Gas |
Heating Type | Forced Air | Stories Total | 2 |
Size Interior | 1642 Sqft | Total Finished Area | 1642 Sqft |
Type | House |
Parking Pad |
Acreage | No | Fence Type | Fence |
Land Amenities | Park, Shopping | Size Depth | 39.65 M |
Size Frontage | 7.63 M | Size Irregular | 302.00 |
Size Total | 302 M2|0-4,050 Sqft | Size Total Text | 302 M2|0-4,050 Sqft |
Zoning Description | Cc-mh |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Basement | Recreational, Games Room | 18.75 Ft x 9.92 Ft | ||
Basement | Laundry Room | 9.17 Ft x 6.67 Ft | ||
Basement | Storage | 12.50 Ft x 10.17 Ft | ||
Basement | Furnace | 17.17 Ft x 11.17 Ft | ||
Main Level | Living Room | 11.58 Ft x 15.08 Ft | ||
Main Level | Kitchen | 14.08 Ft x 8.08 Ft | ||
Main Level | Dining Room | 14.42 Ft x 11.17 Ft | ||
Main Level | Family Room | 15.83 Ft x 10.17 Ft | ||
Main Level | 3pc Bathroom | 7.83 Ft x 4.92 Ft | ||
Upper Level | Kitchen | 13.42 Ft x 5.83 Ft | ||
Upper Level | Dining Room | 10.92 Ft x 5.83 Ft | ||
Upper Level | Primary Bedroom | 14.67 Ft x 10.08 Ft | ||
Upper Level | Bedroom | 12.67 Ft x 9.08 Ft | ||
Upper Level | Bedroom | 12.17 Ft x 9.08 Ft | ||
Upper Level | 4pc Bathroom | 7.92 Ft x 5.83 Ft |