Single Family Home $ 3,450,000

2135, 2139, 2143 50 AVE SW

Calgary, AB T2T 2W5

  • 9 Beds
  • 5 Baths
    Full Baths: 5
  • 3,924 SqFt
  • 0.48 Lot Size
  • 1961 Year Built
North Glenmore Park Land Assembly for Sale | 150' x 138' Apartment/ Multi Family Development Opportunity in Calgary

A rare 150' x 138' land assembly in North Glenmore Park, Calgary presents a premier multi-parcel redevelopment opportunity ideally suited for a 5-storey apartment building, subject to city approval. Comprised of three adjacent properties offered together, this site creates a scalable, high-impact development opportunity in one of Calgary's most desirable inner-city communities. Located in the highly sought-after North Glenmore Park neighbourhood, each parcel measures approximately 50' x 139', forming a combined footprint well-suited for mid-rise multifamily development. The flat site topography, corner influence, and south-facing rear exposure support efficient building design, strong unit layouts, and optimal natural light — key drivers for rental performance and long-term asset value. From a developer's perspective, the configuration and location strongly support a 5-storey purpose-built rental or condominium project, aligning with ongoing demand for inner-city multifamily housing in Calgary. Opportunities to assemble this scale of land in North Glenmore Park are extremely limited, making this a strategic acquisition for developers targeting long-term hold assets or build-to-sell projects. While the existing homes provide holding income potential, the primary value is in the land assembly and its ability to accommodate higher-density redevelopment in a mature, high-demand location surrounded by quality infill and established residential homes. This North Glenmore Park development site benefits from exceptional surrounding amenities that enhance both livability and tenant demand. Central Memorial High School and Altadore School are located nearby, while North Glenmore Park and the Glenmore Reservoir offer year-round recreation including pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails, and picnic areas. Additional nearby amenities include Glenmore Athletic Park and the Glenmore Aquatic Centre, providing strong community infrastructure that supports long-term rental demand. The property is located approximately 8 minutes from downtown Calgary, with direct access via Crowchild Trail and Glenmore Trail, ensuring excellent connectivity for future residents. For developers and investors seeking a Calgary land assembly for a 5-storey apartment building, this offering stands out due to its size, configuration, location, and redevelopment potential. The combination of oversized lots, south-facing exposure, corner positioning, and inner-city proximity creates a rare opportunity to deliver a high-quality multifamily project in one of Calgary's most established and desirable neighbourhoods.
Listed by Real Broker

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 924 sqft

    Price per Sqft $879

    Subdivision North Glenmore Park

    MLS Listing ID A2302642

    Style Bungalow

    Bedrooms 9

    Full Baths 5

    Year Built 1961

    Annual Tax Amount $16,797

    Tax Year 2025

    Lot Size 0.477 Acres

    Acres 0.48

    Property Sub-Type Detached

    Source Calgary

  • Location

    Province AB

    County Calgary

    Area Cal Zone W

    Zoning R-CG

    Direction N

  • Rooms

    Basement Full

  • Building

    Lot Description Back Lane, Back Yard, Landscaped, Level

    Foundation Poured Concrete

    Architectural Style Bungalow

    Level or Stories One

    Structure Type Stucco,Wood Frame,Wood Siding

  • Interior

    Interior Features See Remarks, Separate Entrance

    Heating Forced Air

    Cooling None

    Flooring Carpet, Linoleum

    Fireplaces Number 2

    Fireplaces Type Wood Burning

    Inclusions Appliances and Window Coverings Sold As Is Where Is

    Appliance See Remarks

    Laundry In Basement

  • Exterior

    Parking Features Double Garage Detached, Off Street, Oversized

    Garage Spaces 2.0

    Fence Fenced

    Community Features Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

    Roof Type Asphalt Shingle

    Porch Patio

    Lot Frontage 150.01

    Total Parking Spaces 6

    Garage 1

  • Others

    Restrictions None Known

    Ownership Private

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