15 Avenue Sw Unit 1316

For Sale 112 Days
$2,599,900
3 + 1 beds
2 baths
1,735 Sqft

15 Avenue Sw Unit 1316

For Sale 112 Days
$2,599,900
3 + 1 beds
2 baths
1,735 Sqft

Highlights

Key insights

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 further 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.

Jonathan Popowich of eXp Realty,
MLS®#A2221627
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Forced air, natural gas
  • Pets allowed (y/n)
    No
Exterior
  • Construction materials
    Wood frame, wood siding
  • Roof
    Asphalt shingle
  • Fencing
    Fenced
  • # parking spaces
    2
  • Parking desc
    Parking pad
Interior
  • # full baths
    2
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    4
  • # of below grade bedrooms
    1
  • Flooring
    Carpet, laminate
  • Appliances
    Range, refrigerator
  • Laundry information
    In basement
Location
  • County
    Calgary
  • Subdivision
    Beltline
  • Zoning description
    Cc-mh
Lot/ Land Details
  • Exposure
    S
  • Lot desc
    Back lane, back yard, interior lot, rectangular lot
Overview
  • Lot size (acres)
    0.07
  • Basement information
    Finished,full
  • Building size
    1735
  • Mls® #
    A2221627
  • Property sub type
    Single family residence
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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