$499,900
3816 Parkhill Place 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
Exceptional M-C1 zoned development opportunity in a highly desirable inner-city location. This premium lot comes with approved plans for a four-storey boutique building with a full basement, and a Development Site Servicing Plan (DSSP) already submitted to the City—offering a streamlined path to construction.Envision a sophisticated fourplex or an upscale multi-unit residence designed to attract quality long-term tenants and deliver strong, consistent returns. This is a rare chance to secure a thoughtfully planned project in a sought-after neighbourhood, ideal for seasoned developers or those looking to establish a signature build.Detailed architectural drawings and plans are available through your REALTOR® in the supplements. Private consultations and site viewings are available upon request,1908 built house is still there but seller will demolish the house before closing, If buyer want to keep house as is will be negotiate.Perfectly positioned less than 10 minutes from the city centre, with convenient access via Macleod Trail and 38 Avenue, this location offers both connectivity and lifestyle appeal. (id:65958)
- Subtype
- Vacant Land
- Community
- Parkhill
- Common interest
- Freehold
- Lot size
- 301.93 square meters
- Lot dimensions
- 301.93
- On market
- Apr 18, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $2,206 (2025)
- Zoning
- M-C1
- Photos
- 2
- MLS#
- A2303224
- Area
- CALGARY_SW
Features and systems
Lot
Cash on cash
-7.03%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,116
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.
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 24, 2026.