An exceptional opportunity to acquire a well-located development property in the highly desirable community of Capitol Hill. This 50’ x 120’ lot is zoned H-GO and comes with an approved City of Calgary development permit for 10 units, significantly reducing entitlement risk and accelerating your project timeline. The site currently has a bungalow and detached garage, offering holding income or immediate redevelopment potential. Full renderings, development drawings, and building plans are available, allowing a buyer to step directly into the execution phase. Opportunities like this are increasingly rare in Calgary’s inner city. Whether you’re a seasoned developer or expanding your multi-family portfolio, this property offers scale, certainty, and upside in one of the city’s most consistent infill corridors. Property is sold "as is, where is".
Data was last updated February 3, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$849,700
Min list price:
$249,900
Max list price:
$1,199,000
Avg days on market:
39
Min days on market:
1
Max days on market:
133
Avg price per sq.ft.:
$528.57
These statistics are generated based on the current listing's property type
and located in
Capitol Hill. 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.