OVER 14,000 SQFT OF DEVELOPMENT LAND! DP APPROVED FOR 18 UNITS! READY TO BUILD! Exceptional development opportunity in the heart of Montgomery with development permits already in place for a total of 18 units. Situated on a massive corner assembly with over 14,000 SQFT of land, this is a rare turnkey opportunity for builders and investors looking for a high-demand inner-city project with significant upside. The approved plans feature a thoughtfully designed multi-unit development ideal for separate titled sales, long-term rentals, or CMHC MLI Select financing strategies.
This is not your typical project—professional designs have already been completed, allowing a buyer to move quickly toward construction. The site layout also incorporates attractive resident green space and functional parking, enhancing long-term livability and appeal.
Ideally located close to numerous amenities, public transit, the University of Calgary, Foothills Hospital, parks, and river pathways, the property also offers quick access to downtown and an easy escape west to the mountains. Montgomery continues to be one of Calgary’s most sought-after inner-city communities due to its strong rental demand, ongoing redevelopment, and exceptional connectivity.
(Potentially an additional adjacent 50x120 ft lot available for purchase should a buyer be looking to expand the development footprint even further.) A rare opportunity to secure a premium ready-to-build development site in one of Calgary’s strongest urban growth corridors.
Data was last updated May 23, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
63
Avg list price:
$1,175,000
Min list price:
$350,000
Max list price:
$40,000,000
Avg days on market:
99
Min days on market:
3
Max days on market:
3,216
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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