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An outstanding opportunity to acquire 1.97 acres of prime development land in the highly desirable Shantz commercial area of Didsbury, Alberta. This parcel is currently zoned R5 and offers exceptional versatility for high-density multi-residential development or future commercial applications.Ideally located just steps from major retail amenities, including Save-On-Foods, Dollarama, and a newly constructed commercial plaza featuring A&W, Subway, Petro-Canada, and more, this site benefits from strong traffic exposure and immediate access to established services.The Town of Didsbury owns the land and has expressed flexibility toward rezoning, including potential commercial, direct control, institutional service (IS), or other development concepts, making this an attractive option for developers and investors seeking adaptable land with long-term upside.Aggressively priced at only $135,000 per acre, this is one of the most compelling land offerings in the area and represents excellent value in a growing community with expanding commercial demand.Rare opportunity. Strategic location. Exceptional development potential. This parcel is expected to move quickly—contact your REALTOR® for further details. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 18, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.