$550,000
2134 22 Street
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About this home
Prime 3.16-acre development opportunity in a highly desirable location in Didsbury. Ideally situated directly across from both a middle school and elementary school, this property offers exceptional potential for residential development, including multi-family housing.Currently zoned Institutional, the Town of Didsbury has expressed a willingness to rezone the property to residential to accommodate a variety of development concepts, making this a flexible and attractive option for builders and investors alike.Surrounded by established amenities, this site is just minutes from a local museum, golf course, and other community features, enhancing its appeal for future residential use. The location provides strong fundamentals for long-term growth, with demand for housing in the area continuing to rise.With its strategic positioning, generous size, and rezoning potential, this property presents a rare opportunity to secure a high-potential parcel in a growing community.An excellent opportunity for developers, investors, or builders looking to capitalize on a well-located land holding with strong upside. (id:65958)
- Subtype
- Vacant Land
- Lot size
- 3.16 acres
- MLS#
- A2302411
- Area
- DIDSBURY
Cash on cash
-12.07%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,915
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.