ATTENTION: BUILDERS, DEVELOPERS and INVESTORS>>Introducing a rare and exclusive opportunity to acquire an exceptional land assembly in one of Calgary's most desirable inner-city locations. This outstanding property offers a total of 21,240 sq ft of prime real estate, featuring four 50ft x 100ft lots bordering three streets, with multiple development possibilities.Surrounded by mature trees and offering unobstructed inner-city views, this flat site is located in a surprisingly quiet area of a historic community, just one block from the vibrant 17th Ave SW, 2 blocks from Mt Royal, and only 5 minutes from the river pathways. The new Sunalta station of the West LRT line is conveniently located just 6 blocks away off 16th street and 10th Ave SW.Boasting triple points of access from 15 & 16 ST and 19 Ave, this versatile land assembly offers limitless possibilities for development. With its size, a range of options is possible, including a 4 to 6 storey condo or purpose-built rental with approximately 80 units, townhome development with garages, mix of stacked and regular townhomes with underground parkade, duplexes, or single-family detached homes. Moreover, CMHC financing is possible for a purpose-built rental.The property is also an excellent candidate for the new H-GO grade oriented housing district, which offers flexibility and density to promote innovative and inclusive housing solutions. Additionally, effective rezoning to MCG/RCG/MC1/MU1 zoning is possible, providing further redevelopment flexibility.This exceptional land assembly site is located within 200m of two City of Calgary Main Street Initiatives, offering a significant advantage for potential development. Its proximity provides the potential for blanket rezoning with certainty, ensuring ease of planning and execution of your development vision.This is a once-in-a-lifetime opportunity to own a land assembly of this caliber, featuring tremendous development potential in a prime location amidst the current zoning bylaws being relaxed and revised. Don't miss out on the chance to invest in one of Calgary's most coveted areas. Contact us today for more information on this exclusive land assembly. Must be sold along with MLS # A2047987, (1826 16 Street SW) , MLS # A2048189, (1830 16 Street SW) and MLS # A2048253, (1831 15 Street SW).
Listing provided courtesy of CDN Global Advisors Ltd.
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