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Calgary · Vacant Land · under $1,100,000. Alerts only send when there are new or meaningfully updated matching homes.
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For more information, please click the "More Information" button. Development Permit approved boutique hotel development opportunity in Calgary's Culture + Entertainment District. Positioned in one of downtown Calgary's most dynamic and rapidly evolving neighborhoods, this rare offering is located just steps from the expanded BMO Centre, Stampede Park, Scotiabank Saddledome, Victoria Park/Stampede LRT Station, and the future Event Centre. Surrounded by year-round conventions, concerts, sporting events, festivals, restaurants, cafés, wellness services, and entertainment venues, the site benefits from exceptional connectivity within Calgary's premier hospitality corridor. The approved development contemplates a distinctive 12-suite boutique hotel comprising approximately 6,600 square feet of gross floor area. The concept has been designed around a modern, technology-enabled hospitality model featuring self-service operations, fully equipped suites, flexible stay options, and curated guest experiences. Rather than relying on extensive on-site amenities, the project is positioned to leverage the surrounding ecosystem of restaurants, fitness studios, wellness providers, cafés, nightlife, and entertainment venues that define the Culture + Entertainment District, creating a highly efficient and scalable boutique hospitality offering. Designed to appeal to business travelers, event attendees, digital nomads, tourists, and extended-stay guests, the project offers a unique alternative to traditional hotel accommodations while benefiting from one of Calgary's most active and walkable urban destinations. Unlike many development opportunities requiring extensive planning and entitlement work, this property offers the advantage of an approved development permit, creating a compelling opportunity for developers, hospitality operators, investors, and owner-operators. The surrounding district continues to benefit from significant public and private investment, including major event , entertainment, convention, and infrastructure projects that continue to transform downtown Calgary. A rare opportunity to acquire a development-ready hospitality project in the heart of Calgary's Culture + Entertainment District. Listing contains rendering photos. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
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Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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 21, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
Dahlak al food store
1208 14 Ave SW Suite 101, Calgary, AB T3C 0V9, Canada
3.9★ · 47 reviews
2.0 km away
straight-line
Tebyan Supermarket & Halal Meat
908 Edmonton Trl #3, Calgary, AB T2E 3K1, Canada
4.6★ · 143 reviews
2.5 km away
straight-line
2.8 km away
straight-line
Rasa Palladium (Indian & Western) Bar & Restaurant
202 17 Ave SE, Calgary, AB T2G 2J5, Canada
4.8★ · 342 reviews
40 m away
straight-line
410 m away
straight-line
Kondattam Indian Kitchen & Bar
Upten Apartments, 1006 1st St SE, Calgary, AB T2G 2G2, Canada
4.7★ · 1,623 reviews
530 m away
straight-line
1.9 km away
straight-line
2.8 km away
straight-line
3.0 km away
straight-line
Earl Grey School | Calgary Board of Education
845 Hillcrest Ave SW, Calgary, AB T2T 0Z1, Canada
1.7 km away
straight-line
Connaught School | Calgary Board of Education
1121 12 Ave SW, Calgary, AB T2R 1P8, Canada
1.9 km away
straight-line
Sunnyside School | Calgary Board of Education
211 7 St NW, Calgary, AB T2N 1S2, Canada
2.4 km away
straight-line
Victoria Park/Stampede station
Calgary, AB, Canada
2.2★ · 14 reviews
210 m away
straight-line
C Train
125 7 Ave SE, Calgary, AB T2G 5R2, Canada
4.1★ · 34 reviews
900 m away
straight-line
EB Centre Street Station (Free Fare Zone)
Calgary, AB T2G 5R2, Canada
4.1★ · 19 reviews
910 m away
straight-line