MUST BE SOLD WITH 2208 26 Avenue SW | MLS A2273686
Prime Marda Loop Redevelopment Opportunity | Inner-City Multi-Family Land for Sale in Calgary. This is an exceptional inner-city redevelopment lot in Marda Loop, directly contiguous to an R-CG zoned, DP-approved 16-unit multi-family project. The approved development includes 8 upper units (3 bedrooms + 2.5 bathrooms) and 8 legal 1-bedroom basement suites, offering one of the most strategic and scalable multi-family development opportunities in Calgary. A secondary suite would be subject to approval and permitting by the city/municipality. Together with the adjacent DP-approved assembly, this property forms one of Calgary’s strongest investment opportunities for builders and developers seeking high-demand, high-absorption product in a top-performing neighbourhood. Located in one of Calgary’s most desirable infill redevelopment districts, this lot offers generous frontage, mature trees, rear-lane access, and excellent future flexibility. Demand in Marda Loop for new townhomes, suite-enabled designs (verify with the City), and multi-unit housing remains exceptionally strong, making this site ideal for developers aiming to achieve density, efficiency, and significant long-term value. The existing structure also provides holding income, allowing developers to plan and stage future construction efficiently. Situated minutes from downtown Calgary, top-rated schools, parks, transit, and all of Marda Loop’s premium amenities, this property delivers unmatched convenience and long-term growth fundamentals. Opportunities to secure side-by-side redevelopment lots in a high-growth inner-city corridor are extremely limited, making this a rare and strategic acquisition for builders and investors.
Address
2645 21 Street SW
List Price
$997,500
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Richmond
Bedrooms
2
Bathrooms
1
Floor Area
992 Sq. Ft.
Lot Size
5747 Sq. Ft.
Year Built
1950
MLS® Number
A2272923
Listing Brokerage
Real Broker
Basement Area
Full
Postal Code
T2T 5A9
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Corner Lot, Front Yard, Gentle Sloping, Irregular Lot, Landscaped, Schools Nearby, Sidewalks, Street Lights, Treed