Capitol Hill · Calgary, AB T2M 1P8
$999,000
For Sale
Rare inner-city development opportunity in highly sought-after Capitol Hill. Situated on a 50’ x 120’ lot and zoned H-GO, this property comes with an approved City of Calgary development permit for 10 units, offering a substantial head start and reducing entitlement risk for the next owner. The existing bungalow and detached garage provide flexibility for interim holding or immediate redevelopment. Full renderings, development drawings, and building plans are available, allowing a buyer to move directly into the next phase of execution. Ideally positioned for an experienced developer or investor seeking a well-located multifamily project with scale, certainty, and significant upside. Located in one of Calgary’s established and consistently sought-after inner-city infill corridors, this is an opportunity to acquire a development-ready site with much of the preliminary work already completed. Property is sold “as is, where is.”
Mortgage Estimate
$4,375/mo
Estimated payment
$5,300/mo
Stress-tested at 6.39%
Estimates only, based on $799,200 financed with semi-annual compounding. Not financial advice — Max can connect you with a mortgage professional for real numbers.
Location