Property Details

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Featured in:

Winners:

2645 21 Street SW
Calgary (A2272923)

$997,500
2
1
992 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

MUST BE SOLD WITH 2208 26 Avenue SW | MLS #: A2273686 Prime Inner-City Redevelopment Lot in Marda Loop | Contiguous Site to R-CG / DP-Approved 16-Unit Project. A rare opportunity to secure a premium redevelopment lot in Marda Loop, directly contiguous to an R-CG zoned, DP-approved 16-unit assembly next door—approved for 8 upper units (each 3 bedrooms + 2.5 bathrooms) and 8 legal basement suites (each 1 bedroom + 1 bathroom). Together, these properties create one of the most compelling and scalable multi-family development offerings currently available in Calgary’s inner city. This parcel sits in one of Calgary’s most sought-after and highest-performing infill markets, surrounded by modern new builds, premium amenities, and exceptional long-term growth fundamentals. Offering generous frontage and depth, mature landscaping, and convenient rear-lane access, this lot is an outstanding candidate for future land assembly expansion, higher-density redevelopment, or holding income while executing long-term development plans. With consistent buyer and investor demand in Marda Loop for new townhomes, suite-enabled designs, and multi-unit housing, this site provides developers with multiple pathways to unlock significant value. Whether purchased individually or as part of the larger DP-approved 16-unit development, this parcel enhances project scale, construction efficiencies, and potential profitability—ideal for builders aiming to maximize density and optimize margins. Opportunities to secure side-by-side inner-city lots in core redevelopment corridors are extremely limited. Positioned minutes from downtown, major transit routes, top-rated schools, parks, boutique retail, and some of Calgary’s best restaurants and cafés, this is a blue-chip land hold with both immediate and future upside. Key Highlights: Directly contiguous to an R-CG zoned, DP-approved 16-unit project (Upper units: 3 bedrooms + 2.5 bathrooms & Legal suites: 1 bedroom + 1 bathroom, Ideal for higher-density redevelopment, land assembly expansion, or long-term investment, Located in Marda Loop—one of Calgary’s strongest and most active redevelopment districts, Rare opportunity to secure side-by-side redevelopment lots in a high-demand area, Strong future resale and absorption potential for multi-family or premium infill product, Rear-lane access, mature trees, and a generous building envelope, High-value land hold with rental income from the existing structure, Walkable to Marda Loop amenities with quick access to downtown, transit, parks & schools, A Strategic Addition to Calgary’s Most Valuable Development Opportunity This contiguous lot significantly enhances the scale, flexibility, and profitability of the R-CG / DP-approved 16-unit project next door—or stands alone as a prime redevelopment site in one of Calgary’s most desirable urban neighbourhoods. Secure this exceptional Marda Loop redevelopment parcel today and build on one of the city’s most proven growth corridors.

Property details

Basic Info

MLS® #
A2272923
Property Type:
Residential
Subtype:
Detached
Subdivision:
Richmond
Price
$997,500
Sale/Lease:
For Sale
Size:
992 sq.ft.
Bedrooms:
2
Bathrooms:
1
Year Built:
1950 (75 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
None, On Street
Fence:
Fenced
Basement:
Full
Features:
See Remarks
Inclusions:
None
Appliances:
None
Laundry:
Laundry Room
Exterior Features:
Awning(s), Private Entrance
Patio/Porch Features:
Deck

Neighborhood Info

Nearby Amenities:
Schools Nearby, Sidewalks, Street Lights

Lot / Land Info

Lot Size:
0.13 acres
Lot Features:
Back Lane, Back Yard, Corner Lot, Front Yard, Gentle Sloping, Irregular Lot, Landscaped, Treed
Zoning:
R-CG

Materials & Systems

Roof:
Tile
Exterior:
Vinyl Siding,Wood Frame
Floors:
Hardwood, Laminate, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Schools Nearby, Sidewalks, Street Lights

Listing Info

Possession:
Negotiable
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