Apartment Buildings and Land
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- A2188877
- Build. Type:
- See Remarks
- Photos (36)
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Attention DEVELOPERS & INVESTORS this is a prime, inner city, Mount Pleasant land assemblage - redevelopment site with MC-2 zoning. RARE OPPORTUNITY which includes lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot depth, approximately 18,000 sqft lot size or 0.41 ACRES. NOTE: Building area as shown is the combined RMS measurements of existing structures. 531 must be purchased together with 535 & 533 24th Avenue NW. Being sold for land assemblage value. See supplements for 2023 commercial land assemblage - property appraisal for $3.17 million. Please also see supplements for PROPOSED / PENDING development plans for an apartment building comprising of 49 purpose built rental units 43 - 1 bed units + 3 - 2 bed + 3 bachelor units with 1 level of underground parking - 41 stalls. Land survey, geotechnical report, and ESA report. MC2 is one of the highest medium-density zoning with tremendous flexibility to build a commercial multi-family 4-5 storey apartment building - maximum height of 16.0 metres or 52.49 feet with City of Calgary approval. There is also potential with the City of Calgary approval to rezone to build even more units with 2 levels of underground parking and potential commercial retail units (CRU's) at grade. Prime location within sought after NW community of Mount Pleasant. Properties are located within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit, and the trendy shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary, University of Calgary, Alberta Children’s Hospital & Foothills Hospital. Fantastic inner-city location, close to Downtown Calgary. This is an incredible opportunity to either develop the proposed multi-family development plans or bring your own vision for a dynamic multi-family project to life catering to Calgary’s growing demand for housing or for a savvy INVESTOR to buy and hold these inner-city Calgary properties with solid revenue generation for future redevelopment. See supplements for the rental income that these side-by-side properties currently generate. 531 24th Avenue NW (built 1947) is a 2-storey offering 2564 sqft above grade with a legal main floor + illegal upper-level suite(s) + 975 sqft illegal lower-level suite. 535 & 533 24th Avenue NW (built 1950) is a bungalow 1108 sqft main floor legal suite with a 1031 sqft legal lower-level suite all in good condition.
Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase.
- Property Type:
- Commercial
- Property Sub Type:
- Multi Family
- Transaction Type:
- For Sale
- Building Type:
- See Remarks
- Total Building Area:
- 3,673 sq. ft.341 m2
- Lot Area:
- 18,000 sq. ft.1,672 m2
- Lot Frontage:
- 100'30.5 m
- Lot Details:
- 100 X 180 SQFT
- Year built:
- 1947 (Age: 78)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 29340
- Structure Type:
- Other
- Ensuite:
- No
- Garage:
- 0
- Mount Pleasant (Calgary)
- 535 / 533 - 24th Avenue NW - Dishwasher Built-In (2x),Washer & Dryer (1x), Washer/Dryer Stacked (1x), Hood Fan (2x),Refrigerator (2x),Stove-Electric (2x) Storage Shed, Window Coverings 531 24th Avenue NW - Dishwasher Built-In(2x), Washer & Dryer (1x), Electric Stove (2x), Gas Stove (1x), Washer/Dryer Stacked (1x), Window Coverings
- None Known
- Title to Land:
- Fee Simple
- Lot Features:
- City Lot
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C2
- Listed Date:
- Jan 20, 2025
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Aerial view of properties + close proximity to Downtown Calgary
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Aerial view of properties
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Aerial view of properties - 100' frontage by 180' deep approx. 18000 sqft
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Aerial view + proximity to Downtown Calgary
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Aerial view of properties
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Aerial view of properties - proximity to Downtown Calgary - 100' frontage by 180' deep approx. 18000 sqft
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531 Exterior frontview
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Aerial view of properties + proximity to Downtown Calgary
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Aerial view of properties + close proximity to Downtown Calgary
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531, 533 & 535 exterior front view
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Aerial view of properties + proximity to Downtown Calgary
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Aerial view of properties + proximity to Downtown Calgary
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Aerial view of properties
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Proposed 49 unit deveopment with Downtown Calgary views from upper floors
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Mount Pleasant Community View
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Mount Pleasant Community View
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531 front view
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531 exterior front view
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531 exterior front view
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531 exterior front view
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535 & 533 exterior front view
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535 & 533 exterior front view
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535 & 533 exterior front view
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Aerial view of properties & proximity to Downtown Calgary
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Aerial views of properties
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Aerial view of properties
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Aerial view of properties
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Aerial view of properties - proximity to Downtown Calgary
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Aerial view of properties
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Listed by Century 21 Bravo Realty
Data was last updated May 12, 2025 at 10:05 AM (UTC)
- Robert Hinsperger
- Urban Real Estate Services Ltd.
- 1 (403) 860-2107
- roberthinsperger@gmail.com
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