Prime Corner Redevelopment Opportunity – 3 Parcels on 15 Ave NE, Calgary
Rare offering of three contiguous properties (301, 303, and 307 15 Ave NE) on a massive 100 ft x 120 ft corner lot totaling 12,000 sq ft. Currently zoned M-CG, with strong potential for H-GO zoning to maximize density and future value.
Investment Highlights:
• Lot Size: 100 ft frontage x 120 ft depth (12,000 sq ft)
• Zoning: Current M-CG | Potential H-GO
• Income: $7,000/month from 3 fully tenanted houses (month-to-month leases)
• Location: High-demand inner-city area, minutes to downtown Calgary, transit, shopping, schools, and amenities
• Site Condition: Corner lot, clean title, ready for redevelopment
Deal Terms:
• Asking Price: $2,250,000
• Closing: Immediate or within 60 days
• Financing: Cash only
• Tenancy: Buyer must assume existing tenants (month-to-month)
This is a rare inner-city assembly ideal for developers, investors, or land bankers looking for a high-exposure, high-potential site. Immediate holding income plus substantial redevelopment upside.