This spectacular development site is nestled within the charming Strathcona neighborhood, offering tranquillity on a quiet street. It’s strategically positioned just three blocks north of vibrant Whyte Avenue and 2.5 blocks east of 109 Street, providing easy access to Gateway Boulevard, Calgary Trail, the University of Alberta, and a wealth of nearby retail amenities.

With a FAR of 3.0 and zoning designated as RA8, this property boasts the potential for a 40,000 SF buildable space. There’s even a lapsed approval for a 51-unit property that can be revisited. The vendor is open to collaboration on construction, providing flexibility for your project needs.

Pricing Guidance (based on previously approved development permit):

• $1,975,000
• Approximately $151/SF
• Around $49/Buildable SF
• Approximately $38,725/Buildable Suite

Don’t miss out on the opportunity to shape this prime location into a remarkable development.