$3,000,000
3711 15 Street SW
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
ATTENTION developers, builders & investors. Development site 100x125 feet in the desirable community of Altadore. This parcel has been re-zoned to MC-2 with development permit approved by the City of Calgary for a 31 unit building. The plans and permits are included in the sale (plans are in realtor supplements). The site has already been cleared and ready to start construction right away! Opportunity to build and hold as rental with great cash flow. Also opportunity to finance with CMHC program with little money down. (id:65958)
- Subtype
- Vacant Land
- Community
- Altadore
- Common interest
- Freehold
- Lot size
- 1,155 square meters
- Lot dimensions
- 1155.00
- On market
- Apr 29, 2026
- Status changed
- Apr 30, 2026
- Annual tax
- $8,961 (2025)
- Zoning
- M-C2
- Photos
- 3
- MLS#
- A2305554
- Area
- CALGARY_SW
Cash on cash
-6.23%
Cap rate
3.62%
GRM
16.7
Break-even rent
$18,279
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: 4.5% rate, 30-year amortization, 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.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
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 30, 2026.