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Didsbury · Vacant Land · under $450,000. Alerts only send when there are new or meaningfully updated matching homes.
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Positioned in one of Didsbury’s fastest-growing commercial corridors, this 1.53-acre parcel in Shantz Village offers exceptional potential for forward-thinking investors and developers. Located just off Highway 582, this property benefits from excellent visibility and accessibility, making it ideal for both commercial ventures and high-density residential projects.Recent Land Use Bylaw changes support rezoning to RC2, allowing for a flexible mix of commercial and higher-density residential uses—well suited for apartment buildings, multi-family developments, or mixed-use concepts designed to meet the area’s rapid growth.All major utilities are available at the property line, providing a significant advantage for developers and supporting a wide range of substantial projects with reduced upfront servicing costs and streamlined development timelines.Surrounded by strong national and local anchors including Dairy Queen, A&W, Save-On-Foods, Dollarama, and Petro-Canada, this location is already a proven draw for traffic and commerce. With multiple nearby parcels moving quickly and slated for development, this corridor is quickly transforming into a key hub for business and residential expansion.Whether you’re looking to capitalize on Didsbury’s growth with a high-exposure commercial project or a strategic multi-family development, this parcel offers the location, zoning flexibility, and momentum to bring your vision to life.Opportunities like this in Shantz Village are limited—secure your position in one of Didsbury’s most promising growth areas today. (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).
Cash on cash
-1.39%
Cap rate
4.59%
GRM
13.8
Break-even rent
$2,497
Financing
Operating expenses (monthly)
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Approximation 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.
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 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.