2139, 2143, 2145 50 Avenue Sw, Calgary, Alberta T2T 2W5 New

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$3,450,000

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:55577)

Property Features

  • MLS® Number A2302642
  • Price $3,450,000
  • Bedrooms: 9
  • Bathrooms: 5
  • Square Footage: 3925 sqft
  • Property Type: House
  • Community Name: North Glenmore Park
  • Amenities Near By Park, Playground, Schools, Shopping
  • Features See Remarks, Back Lane, Level
  • Parking Space Total 6

Buildings

Bathroom Total 5 Bedrooms Above Ground 8
Bedrooms Below Ground 1 Bedrooms Total 9
Appliances See Remarks Architectural Style Bungalow
Basement Development Finished Basement Features Separate Entrance, Suite
Basement Type Full (finished) Constructed Date 1961
Construction Material Wood Frame Construction Style Attachment Detached
Cooling Type None Exterior Finish Stucco, Wood Siding
Fire Protection Smoke Detectors Fireplace Present Yes
Fireplace Total 2 Flooring Type Carpeted, Linoleum
Foundation Type Poured Concrete Heating Type Forced Air
Stories Total 1 Size Interior 3925 Sqft
Total Finished Area 3924.94 Sqft Type House

Parking

Detached Garage 2
Other
Oversize

Land

Acreage No Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping Landscape Features Landscaped
Size Depth 42.19 M Size Frontage 45.72 M
Size Irregular 1928.93 Size Total 1928.93 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 1928.93 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) Zoning Description R-cg

Rooms

Level Type Dimensions
Basement Recreational, Games Room 12.75 Ft x 22.58 Ft
Basement Kitchen 12.00 Ft x 10.50 Ft
Basement Bedroom 15.58 Ft x 12.92 Ft
Basement 3pc Bathroom 8.00 Ft x 4.92 Ft
Basement Recreational, Games Room 18.58 Ft x 11.42 Ft
Basement Storage 18.83 Ft x 32.67 Ft
Basement Storage 3.75 Ft x 6.58 Ft
Basement Family Room 14.17 Ft x 21.25 Ft
Basement Recreational, Games Room 32.08 Ft x 11.50 Ft
Basement Storage 15.17 Ft x 15.50 Ft
Basement Furnace 7.50 Ft x 6.58 Ft
Basement 3pc Bathroom 9.50 Ft x 6.58 Ft
Main Level Foyer 11.83 Ft x 6.50 Ft
Main Level Living Room 11.83 Ft x 37.83 Ft
Main Level Kitchen 14.08 Ft x 12.42 Ft
Main Level Family Room 27.17 Ft x 15.42 Ft
Main Level Sunroom 11.08 Ft x 11.17 Ft
Main Level Primary Bedroom 12.75 Ft x 12.17 Ft
Main Level Bedroom 9.33 Ft x 12.17 Ft
Main Level Bedroom 9.25 Ft x 9.00 Ft
Main Level 4pc Bathroom 12.75 Ft x 6.42 Ft
Main Level Dining Room 12.17 Ft x 6.50 Ft
Main Level Living Room 15.25 Ft x 10.75 Ft
Main Level Dining Room 11.58 Ft x 10.42 Ft
Main Level Kitchen 6.92 Ft x 11.92 Ft
Main Level Primary Bedroom 9.25 Ft x 12.00 Ft
Main Level Bedroom 9.25 Ft x 12.00 Ft
Main Level 3pc Bathroom 8.25 Ft x 6.92 Ft
Main Level Living Room 15.17 Ft x 15.50 Ft
Main Level Kitchen 14.00 Ft x 15.92 Ft
Main Level Storage 4.00 Ft x 6.83 Ft
Main Level Primary Bedroom 11.17 Ft x 15.00 Ft
Main Level Bedroom 10.58 Ft x 11.58 Ft
Main Level Bedroom 7.92 Ft x 11.67 Ft
Main Level 3pc Bathroom 7.25 Ft x 6.83 Ft

Agents and Offices

  • Justin Warthe
  • Michelle Fournier
  • Office: Real Broker

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