Opportunity Knocks in Prime Crescent Heights!
DEVELOPMENT LAND FOR SALE
Currently has 2 houses leased out

Location: Crescent Heights, Calgary

Size: Generous 75 ft x 120 ft Lot (9,000 sq ft)

Zoning: MH-1 (Multi-Residential High Density)

Designation: Ideal for a 4 to 8 Storey Apartment Building

Unlock Exceptional Potential in One of Calgary's Most Desirable Communities!

Imagine the possibilities on this prime piece of real estate in the vibrant and sought-after neighbourhood of Crescent Heights. This substantial 75 ft x 120 ft lot boasts MH-1 zoning, perfectly suited for the development of a mid-rise apartment building ranging from 4 to 8 storeys.

Key Highlights:

High-Density Potential: Maximize your investment with the ability to build a significant number of residential units.
Commercial Opportunities: The MH-1 zoning also allows for the inclusion of commercial storefronts at grade level, offering an excellent opportunity to create a mixed-use development that caters to residents and the surrounding community. Envision cafes, boutiques, convenience stores, or professional services enhancing the building's appeal and generating additional revenue streams.
Prime Location: Crescent Heights is renowned for its stunning downtown views, mature tree-lined streets, and proximity to a wealth of amenities. Residents will enjoy:
Easy Access to Downtown Calgary: A short commute by car, public transit, or even on foot/bike.
Vibrant Local Scene: Explore the unique shops, restaurants, and cafes along 16th Avenue NW and in the heart of Crescent Heights.
Parks and Recreation: Enjoy nearby green spaces like Rotary Park, offering panoramic city views and recreational facilities.
Excellent Walkability and Transit Options: Convenient access to public transportation routes.
Strong Rental Demand: Crescent Heights consistently attracts a diverse range of renters seeking a desirable inner-city lifestyle.
Established Community: Benefit from the existing infrastructure and the strong sense of community that Crescent Heights offers.
Excellent Investment Opportunity: This is a rare chance to acquire a significant development site in a highly desirable Calgary neighbourhood with strong growth potential.
Don't miss this exceptional opportunity to shape the future of Crescent Heights!

Ideal for:

Experienced Developers
Investment Groups
Builders Seeking High-Return Projects
For further information, including zoning details and potential development concepts, please contact:

Shawn Bali
587-226-1680

No soliciting

Act quickly – opportunities like this are rare!