REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

May

Sun

May

Mon

May

Nest Realty Inc.

website@nestrealty.ca +1(519) 354-7474

$ 2,599,900

Est. payment -/mo

Save

New

1316 15 Avenue SW Calgary, AB T3C0X7

4 Beds

2 Baths

1,735 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,735 sqft

Price per Sqft $1,498

Subdivision Beltline

MLS® Listing ID A2221627

Bedrooms 4

Year Built 1911

Lot Size 3,250 Sqft

Acres 0.07462583

Property Sub-Type Freehold

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 furth er 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 1.0

Extra Room 1 Basement 16.92 Ft x 9.83 Ft Recreational, Games room

Extra Room 2 Basement 14.33 Ft x 12.75 Ft Bedroom

Extra Room 3 Basement 9.50 Ft x 3.92 Ft Storage

Extra Room 4 Basement 9.92 Ft x 7.75 Ft Furnace

Extra Room 5 Main level 15.08 Ft x 11.58 Ft Living room

Extra Room 6 Main level 18.67 Ft x 7.92 Ft Kitchen

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Laminate

Exterior

Parking Features No

Fence Fence

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Others

Ownership Freehold

Listed by eXp Realty

GET MORE INFORMATION

Nest Realty Inc.

+1(519) 354-7474