1318 15 Avenue SW, Calgary, AB T3C0X7 – A2221648 - Katie VanNes

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Katie VanNes

katie@mostreferred.expert +1(604) 855-8228

$ 2,495,000

Est. payment | -/mo

1,862 SqFt

Save Virtual Tour

$ 2,495,000

Est. payment | -/mo

Save Virtual Tour

1,862 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,862 sqft

Price per Sqft $1,339

Subdivision Beltline

MLS® Listing ID A2221648

Year Built 1911

Lot Size 3,250 Sqft

Acres 0.07462583

Source Calgary Real Estate Board

Property Description

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 f urther 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:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Virtual Tour https://popowichrealestate.com/beltline-development-login/

Listed by eXp Realty

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

1318 15 Avenue SW Calgary, AB T3C0X7