This 17,631 sq. ft. land assembly at 1713, 1717 & 1721 45 St SE is being sold as a package of all three properties, offering an exceptional multi-family development opportunity in one of Calgary’s fastest-growing urban corridors. With 147 feet of frontage and 126 feet of depth, this MC1-zoned site is primed for townhomes, stacked rowhomes, or a mid-rise apartment project. Developers also have the opportunity to apply for MC2 rezoning, allowing for increased density, greater building height, and maximized returns.
Under the current MC1 zoning, a developer could build up to 18-24 multi-residential units, depending on the design and site configuration. With a successful rezoning to MC2, density could increase further, making it possible to develop 30+ units, maximizing land use and investment potential.
Located 10 minutes from downtown, this site provides quick access to downtown and major roadways like 17th ave and Memorial Dr, making it an attractive option for future residents. Public transit is already in place with a MAX Purple express station within walking distance and with the upcoming Green Line LRT expansion, connectivity and long-term property value will only improve. The City of Calgary has also committed to streetscape enhancements, pedestrian-friendly infrastructure, bike lanes, and public space improvements, increasing the area's appeal and livability.
This location is ideal for a long-term investment or a high-yield development project. The site offers alley access and an extra wide street, allowing for efficient site planning, parking, and construction flexibility. Additionally, two of the three properties are tenant-occupied, providing immediate holding income while development plans are finalized. Please don't disturb the tenants, detailed showings will be accommodated directly through the selling agent.More details
4PLEX ON 8 AVE SE WITH EASY ACCESS TO TRANSIT (PERFECT INVESTMENT OPPORTUNITY) - OFFERING 3450+ SQFT LIVING SPACE WITH A TOTAL OF 8 BEDROOMS, 4 FULL BATHS AND TONS OF PARKING IN THE REAR - **BASEMENT ON EACH SIDE FEATURES A LEGAL SUITE** EACH UNIT IS SPACIOUS AND FUNCTIONAL; featuring 2 bedrooms, FULL bath, kitchen, living area and SEPARATE LAUNDRIES! Flooring updated for 3 units and new furnace on one side. Kitchens in 2 units were fully renovated as well Bathrooms were upgraded for 3 units two years back. New hot water tank on one side. The upper units also feature an additional dining space. ***ALL UNITS ARE CURRENTLY RENTED OUT - TENANTS PAY THEIR OWN UTILITIES (ADDED CONVENIENCE FOR THE OWNER) - Some of the units also feature new paint and updated flooring. Above grade sizes for 5624 is 956.76 SQFT and 5626 is 942.55 SQFT.More details
Discover an outstanding investment opportunity in Glendale with an impressive 8.2% CAP RATE and a total of $74,520 per year in gross rents. This exceptional 4-plex is a top performer in Red Deer’s thriving rental market, ensuring strong and reliable income along with growth potential. Each unit features 3 bedrooms and 1 bathroom, making them highly appealing to tenants and families! The property boasts NEWER VINYL WINDOWS throughout, enhancing energy efficiency and overall maintenance. Sturdy Metal Siding! Recent renovations have been made in Unit D, and other updates throughout the units. The 2014 asphalt shingle roof is in excellent condition and has plenty of life remaining. Each unit is individually metered, and tenants cover ALL UTILITIES, which significantly increases this properties performance as an investment. Located on a quiet residential street, this oversized 8,373 sq ft lot is uniquely positioned as the only 4-plex in the block. It offers a private rear parking area with powered stalls and additional street parking for convenience. Residents will enjoy easy access to parks, schools, shopping, downtown, and major highways, which makes this location highly desirable. With consistent tenancy and the growing appeal of Red Deer due to its strong job market and affordability, this turn-key property presents an incredible investment with solid potential for growth. Don’t miss your chance to acquire this high-performing, hassle-free asset!More details
Data was last updated April 2, 2025 at 10:05 PM (UTC)
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