Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.
An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities.
Data was last updated June 14, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,290,000
Min list price:
$299,900
Max list price:
$3,375,000
Avg days on market:
16
Min days on market:
2
Max days on market:
211
Avg price per sq.ft.:
$589.19
These statistics are generated based on the current listing's property type
and located in
Parkhill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.