$396,900
100 Shantz Drive
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About this home
Prime 2.92 Acre Development Opportunity in Shantz Village Corridor!Exceptional opportunity to secure 2.92 acres of commercially zoned (C1) land in one of Didsbury’s fastest-growing areas—the highly sought-after Shantz Village corridor. Positioned in the heart of ongoing and future development, this parcel offers outstanding exposure and long-term upside.With strong potential for rezoning to RC2, this property opens the door to a wide range of mixed-use development opportunities, including commercial ventures and residential projects of varying densities. Whether you’re planning retail, multi-family, or a hybrid development, this site provides the flexibility investors and developers are looking for.Priced aggressively at only $135,000 per acre, this is a rare chance to acquire land at a highly competitive basis in a rapidly expanding market.Comprehensive due diligence has already been completed, with key reports and documentation available, including:•Phase I Environmental Site Assessment•Geotechnical Report•Land Survey•Water & Sewer informationSurrounded by growing commercial amenities and residential expansion, this parcel is perfectly positioned for future growth and strong returns.Don’t miss this strategic investment opportunity in Didsbury’s next development hotspot! (id:65958)
- Subtype
- Vacant Land
- Lot size
- 2.92 acres
- MLS#
- A2302415
- Area
- DIDSBURY
Cash on cash
-6.44%
Cap rate
4.60%
GRM
13.8
Break-even rent
$2,848
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.