2 Beds
1 Bath
992 SqFt
2 Beds
1 Bath
992 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 992.0
Square Footage 992 sqft
Price per Sqft $1,005
Subdivision Richmond
MLS Listing ID A2272923
Style Bungalow
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1950
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Detached
Property Description
Prime Marda Loop Redevelopment Opportunity | Inner-City Multi-Family Land for Sale in Calgary. This is an exceptional inner-city redevelopment lot in Marda Loop, directly contiguous to an R-CG zoned, DP-approved 16-unit multi-family project. The approved development includes 8 upper units (3 bedrooms + 2.5 bathrooms) and 8 legal 1-bedroom basement suites, offering one of the most strategic and scalable multi-family development opportunities in Calgary. A secondary suite would be subject to approval and permitting by the city/municipality. Together with the adjacent DP-approved assembly, this property forms one of Calgary's strongest investment opportunities for builders and developers seeking high-demand, high-absorption product in a top-performing neighbourhood. Located in one of Calgary's most desirable infill redevelopment districts, this lot offers generous frontage, mature trees, rear-lane access, and excellent future flexibility. Demand in Marda Loop for new townhomes, suite-enabled designs (verify with the City), and multi-unit housing remains exceptionally strong, making this site ideal for developers aiming to achieve density, efficiency, and significant long-term value. The existing structure also provides holding income, allowing developers to plan and stage future construction efficiently. Situated minutes from downtown Calgary, top-rated schools, parks, transit, and all of Marda Loop's premium amenities, this property delivers unmatched convenience and long-term growth fundamentals. Opportunities to secure side-by-side redevelopment lots in a high-growth inner-city corridor are extremely limited, making this a rare and strategic acquisition for builders and investors.
Location
Province AB
County Cal Zone Cc
Community Schools Nearby, Sidewalks, Street Lights
Area Cal Zone Cc
Zoning R-CG
Direction SW
Rooms
Basement Full
Interior
Interior Features See Remarks
Heating Forced Air
Cooling None
Flooring Hardwood, Laminate, Linoleum
Inclusions None
Fireplace Yes
Appliance None
Laundry Laundry Room
Exterior
Exterior Feature Awning(s), Private Entrance
Parking Features None, On Street
Fence Fenced
Community Features Schools Nearby, Sidewalks, Street Lights
Roof Type Tile
Porch Deck
Total Parking Spaces 1
Garage No
Building
Lot Description Back Lane, Back Yard, Corner Lot, Front Yard, Gentle Sloping, Irregular Lot, Landscaped, Treed
Dwelling Type House
Faces S
Story One
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Restrictions None Known
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