2645 21 Street Sw Calgary, Alberta T2T 5A9

2 Bedroom 1 Bathroom 992 ft2
Bungalow None Forced Air Landscaped

$997,500

MUST BE SOLD WITH 2208 26 Avenue SW | MLS A2273686Prime 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. (id:52784)

Property Details

MLS® Number A2272923
Property Type Single Family
Neigbourhood Richmond
Community Name Richmond
Amenities Near By Schools
Features Treed, See Remarks, Back Lane
Parking Space Total 1
Plan 8997gc
Structure Deck

Building

Bathroom Total 1
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances None
Architectural Style Bungalow
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1950
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Vinyl Siding
Flooring Type Hardwood, Laminate, Linoleum
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 1
Size Interior 992 Ft2
Total Finished Area 992 Sqft
Type House

Parking

None
Street

Land

Acreage No
Fence Type Fence
Land Amenities Schools
Landscape Features Landscaped
Size Depth 38.76 M
Size Frontage 15.49 M
Size Irregular 534.00
Size Total 534 M2|4,051 - 7,250 Sqft
Size Total Text 534 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Main Level Kitchen 13.83 Ft x 12.92 Ft
Main Level Dining Room 11.92 Ft x 9.00 Ft
Main Level Living Room 15.83 Ft x 13.25 Ft
Main Level Primary Bedroom 11.50 Ft x 11.17 Ft
Main Level Bedroom 11.08 Ft x 9.83 Ft
Main Level 3pc Bathroom 9.92 Ft x 6.42 Ft

https://www.realtor.ca/real-estate/29159947/2645-21-street-sw-calgary-richmond

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