4 months ago
$3,450,000
1392143 50 Avenue Southwest
Calgary, Alberta · North Glenmore Park · T2T2W5
MLS® Number: A2302642
- 9Bedrooms
- 5Bathrooms
- 3,925Square Feet
Listing Description
North Glenmore Park Land Assembly for Sale | 150’ x 138’ Apartment/ Multi Family Development Opportunity in CalgaryA rare 150’ x 138’ land assembly in North Glenmore Park, Calgary presents a premier multi-parcel redevelopment opportunity ideally suited for a 5-storey apartment building, subject to city approval. Comprised of three adjacent properties offered together, this site creates a scalable, high-impact development opportunity in one of Calgary’s most desirable inner-city communities. Located in the highly sought-after North Glenmore Park neighbourhood, each parcel measures approximately 50’ x 139’, forming a combined footprint well-suited for mid-rise multifamily development. The flat site topography, corner influence, and south-facing rear exposure support efficient building design, strong unit layouts, and optimal natural light — key drivers for rental performance and long-term asset value. From a developer’s perspective, the configuration and location strongly support a 5-storey purpose-built rental or condominium project, aligning with ongoing demand for inner-city multifamily housing in Calgary. Opportunities to assemble this scale of land in North Glenmore Park are extremely limited, making this a strategic acquisition for developers targeting long-term hold assets or build-to-sell projects. While the existing homes provide holding income potential, the primary value is in the land assembly and its ability to accommodate higher-density redevelopment in a mature, high-demand location surrounded by quality infill and established residential homes. This North Glenmore Park development site benefits from exceptional surrounding amenities that enhance both livability and tenant demand. Central Memorial High School and Altadore School are located nearby, while North Glenmore Park and the Glenmore Reservoir offer year-round recreation including pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails, and pic nic areas. Additional nearby amenities include Glenmore Athletic Park and the Glenmore Aquatic Centre, providing strong community infrastructure that supports long-term rental demand. The property is located approximately 8 minutes from downtown Calgary, with direct access via Crowchild Trail and Glenmore Trail, ensuring excellent connectivity for future residents. For developers and investors seeking a Calgary land assembly for a 5-storey apartment building, this offering stands out due to its size, configuration, location, and redevelopment potential. The combination of oversized lots, south-facing exposure, corner positioning, and inner-city proximity creates a rare opportunity to deliver a high-quality multifamily project in one of Calgary’s most established and desirable neighbourhoods. (id:65883)
Property Summary
Legal Description
Plan :- T776371616 Block :- 0 Lot :- 0
Building
Bathrooms
- Total
- 5
- Partial
- 0
Interior Features
- Appliances Included
- See remarks
- Basement Type
- Finished, Full, Separate entrance, Suite
- Flooring
- Carpeted, Linoleum
Building Features
- Style
- House
- Construction
- Wood frame
- Foundation
- Poured Concrete
- Stories
- 1
- Year Built
- 1961
- Fire Protection
- Smoke Detectors
- Building Amenities
- Stucco, Wood siding
Heating & Cooling
- Heating Type
- Forced air
Floorplan
Room dimensions
Main level
- Foyer6'6" × 11'10"
- Living room37'10" × 11'10"
- Kitchen12'5" × 14'1"
- Family room15'5" × 27'2"
- Sunroom11'2" × 11'1"
- Primary Bedroom12'2" × 12'9"
- Bedroom12'2" × 9'4"
- Bedroom9'0" × 9'3"
- 4pc Bathroom6'5" × 12'9"
- Dining room6'6" × 12'2"
- Living room10'9" × 15'3"
- Dining room10'5" × 11'7"
- Kitchen11'11" × 6'11"
- Primary Bedroom12'0" × 9'3"
- Bedroom12'0" × 9'3"
- 3pc Bathroom6'11" × 8'3"
- Living room15'6" × 15'2"
- Kitchen15'11" × 14'0"
- Storage6'10" × 4'0"
- Primary Bedroom15'0" × 11'2"
- Bedroom11'7" × 10'7"
- Bedroom11'8" × 7'11"
- 3pc Bathroom6'10" × 7'3"
Basement
- Recreational, Games room22'7" × 12'9"
- Kitchen10'6" × 12'0"
- Bedroom12'11" × 15'7"
- 3pc Bathroom4'11" × 8'0"
- Recreational, Games room11'5" × 18'7"
- Storage32'8" × 18'10"
- Storage6'7" × 3'9"
- Family room21'3" × 14'2"
- Recreational, Games room11'6" × 32'1"
- Storage15'6" × 15'2"
- Furnace6'7" × 7'6"
- 3pc Bathroom6'7" × 9'6"
Land
Lot
- Lot Size
- 1928.93 square meters
- Lot Dimensions
- 1928.93
- Frontage
- 45.72 meters
- Lot Features
- See remarks, Back lane, Level
- Fencing
- Fence
Zoning
- Zoning
- R-C2
Tax & HOA
Tax
- Annual Tax
- $16,797
- Tax Year
- 2025



