Rare redevelopment opportunity in sought-after Marda Loop positioned on one of the highest elevation points in the community with breathtaking downtown skyline views from EVERY level. This 31.35 ft premium build-ready lot, offering a rare turnkey development opportunity while saving significant time, cost, and complexity. Fully rezoned for a luxury detached homes with Development Permits approved and architectural drawings available, this is a true shovel-ready project with the previous structure already removed. Approved plans feature a striking modern 3-storey residences, each offering approximately 2,900 sq.ft above grade and thoughtfully designed for today’s luxury inner-city market. Proposed homes include expansive open-concept layouts maximizing natural light and skyline exposure, large view-facing balconies, floor-to-ceiling windows, and attached 3-car tandem garages. The elevated positioning and unobstructed city views create a standout luxury product rarely available in Calgary's inner-city market. One of the last undeveloped opportunities remaining on the street, this property offers exceptional potential for builders, developers, and investors looking to move quickly on a premium project in one of Calgary’s most desirable communities. Estimated resale values are projected in the $2M–$2.2M+ range per home depending on final finishes. Incredible location close to parks, schools, shopping, restaurants, and all the amenities Marda Loop has to offer. (id:55577)
Property Features
- MLS® Number A2316390
- Price $775,000
- Community Name: South Calgary
- Plan 4479p
Buildings
| Age | Age Is Unknown |
Land
| Acreage | No | Fence Type | Not Fenced |
| Size Frontage | 9.56 M | Size Irregular | 3901.00 |
| Size Total | 3901 Sqft|0-4,050 Sqft | Size Total Text | 3901 Sqft|0-4,050 Sqft |
| Zoning Description | Rcg |
Agents and Offices
- Sid Merhi
- Office: Lpt Realty