$997,500
2 beds 1 baths
992 Sq.Ft.
2645 21 Street SW, Richmond, Calgary, Alberta, T2T5A9
MLS® Number: A2272923

Single Family House Bungalow for Sale in Street SW Richmond Calgary

Property Information

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:50315)

Property Summary
Property Type

Single Family

Building Type

Bungalow

Storey

1

Community Name

Subdivision Name

Richmond

Title

 

Land Size
992Sq.Ft.
Built in
1950
Annual Property Taxes
$4045
Parking Type
None, Street
Published
12 days
Building
Bedrooms
Total
2
Below Grade
 
Bathrooms
Total
1
Partial
0
Interior Features
Appliances Included

None

Flooring

Hardwood, Laminate, Linoleum

Basement Features

Unfinished, Full

Basement Type

Unfinished, Full

Building Features
Features

Treed, See remarks, Back lane

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Wood frame

Floor Space
992.00Sq.Ft.
Total Finished Area
992.00Sq.Ft.
Structures
Vinyl siding
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
None, Street
Total Parking Spaces
1
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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