Calgary Realtor

$2,250,000 · For Sale
1314 15 Avenue SW, Calgary, Alberta
3Bedrooms
2Bathrooms
1,642sq ft
302m² Lot
131Days on Market

About This Property

Outstanding opportunity to acquire a fully assembled, mid-block development site in Calgary’s Beltline community. This 9,756 square foot site spans three contiguous lots at 1314, 1316, and 1318 15 Avenue SW and is currently zoned CC-MH (Centre City Multi-Residential High Rise District) under Land Use Bylaw 1P2007. This zoning supports a Floor Area Ratio (FAR) of up to 5.0, allowing for substantial future density in one of Calgary’s most dynamic and walkable urban neighbourhoods. The site is rectangular in shape with approximately 75 feet of frontage along 15 Avenue SW and rear lane access, offering strong development efficiency. Located between 12 Street and 14 Street SW, it enjoys immediate access to key commuter routes including 14 Street, 17 Avenue, and 12 Avenue SW, with nearby transit options enhancing connectivity for future residents or tenants. The property is within walking distance to grocery stores, restaurants, fitness studios, and both downtown and 17th Avenue’s retail corridors—an essential attribute for any successful multi-residential project. The land is improved with three separate structures: two are currently rented out, and the third is used as a professional office space. These improvements generate short-term holding income and provide flexibility for interim commercial or residential uses (subject to City of Calgary approvals). The site’s existing configuration and tenancies reduce carrying costs while future development planning is underway. This valuation reflects comparability to several recent area land transactions, adjusted for location, zoning, and development readiness. No development applications have been submitted to date, providing a clean slate for a custom-built vision. With its location inside the Beltline Area Redevelopment Plan, this parcel benefits from a municipal planning framework that prioritizes high-density residential growth. The CC-MH zoning allows for a wide range of uses and building forms, with potential for furth er density incentives where community benefit contributions apply. Whether you're a builder, developer, or investor seeking to hold income-producing land in Calgary’s inner core, this offering provides both immediate utility and long-term potential in equal measure.

Key Features

  • Built in 1911
  • House
  • Freehold
  • Basement: Partially finished, Full
  • Parking Pad Parking
  • Forced air, Natural gas Heat

Property Details

Community Beltline
Property Type Single Family
Building Type House
Storeys 2
Year Built 1911
Ownership/Title Freehold
MLS® Number A2310618

Size & Land

Finished Area 1,642 sq ft
Land Size 302 m² Lot

Building Features

Basement Partially finished, Full
Heating Forced air, Natural gas
Cooling None
Foundation Poured Concrete

Parking

Parking Type Parking Pad
Parking Spaces 2

Financial & Other

Property Taxes $6,016/yr

Location

Click to interact with the map
Get Directions →

Map location is approximate.

Estimated Monthly Payment

$9,556/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

Customize This Estimate →
Listing courtesy of eXp Realty · Calgary Real Estate Board
View on REALTOR.ca
ED
Evans Dobey
REALTOR | CIR Realty
Powered by REALTOR.ca

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.