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Calgary · Vacant Land · under $2,050,000. Alerts only send when there are new or meaningfully updated matching homes.
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OVER 14,000 SQFT OF DEVELOPMENT LAND! DP APPROVED FOR 18 UNITS! READY TO BUILD! Exceptional development opportunity in the heart of Montgomery with development permits already in place for a total of 18 units. Situated on a massive corner assembly with over 14,000 SQFT of land, this is a rare turnkey opportunity for builders and investors looking for a high-demand inner-city project with significant upside. The approved plans feature a thoughtfully designed multi-unit development ideal for separate titled sales, long-term rentals, or CMHC MLI Select financing strategies.This is not your typical project—professional designs have already been completed, allowing a buyer to move quickly toward construction. The site layout also incorporates attractive resident green space and functional parking, enhancing long-term livability and appeal.Ideally located close to numerous amenities, public transit, the University of Calgary, Foothills Hospital, parks, and river pathways, the property also offers quick access to downtown and an easy escape west to the mountains. Montgomery continues to be one of Calgary’s most sought-after inner-city communities due to its strong rental demand, ongoing redevelopment, and exceptional connectivity.(Potentially an additional adjacent 50x120 ft lot available for purchase should a buyer be looking to expand the development footprint even further.) A rare opportunity to secure a premium ready-to-build development site in one of Calgary’s strongest urban growth corridors. (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
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
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).
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.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 22, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
4.1 km away
6.7 km away
12.6 km away
13.2 km away
14.7 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
12.6 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
13.1 km away
13.5 km away
Halal grocery
Amir Halal Meats & Grocery
13.1 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.