2208 26 Avenue SW Richmond, Calgary, Alberta, CA

Address: 2208 26 Avenue SW, Calgary, Alberta

3 Beds1 Baths992 sqftStatus: Buy
Price $997,500

Property Overview


** MUST BE SOLD WITH 2645 21 ST SW | MLS #: A2272923 | DP-Approved 16-Unit Land Assembly in Marda Loop | Premium Calgary Multi-Family Development Site. Exceptional land assembly for sale in Marda Loop with a fully approved Development Permit (DP) for 16 units, offering an extremely rare opportunity in one of Calgary’s most desirable inner-city redevelopment corridors. This shovel-ready multi-family site is approved for 8 three-bedroom, 2.5-bath townhomes plus 8 one-bedroom, 1-bath legal basement suites, delivering an ideal mix for strong end-user demand and investment performance. Now zoned R-CG, the site benefits from a DP that allows developers to fast-track construction, eliminate entitlement uncertainty, reduce carrying costs, and bring highly marketable multi-unit housing to one of Calgary’s top-performing urban markets. Located in the heart of Marda Loop—one of Calgary’s most vibrant and fast-growing communities—the property sits along a well-connected residential street surrounded by new construction, premium infills, and popular amenities. The site features excellent frontage and depth, mature trees, and convenient rear-lane access, creating an exceptional building envelope for a high-quality townhome development. With strong absorption rates, proven resale values, and the ability to collect holding income from the existing structures, this assembly offers compelling upside for builders, developers, and long-term investors. DP-approved multi-family opportunities of this scale are exceedingly rare in both Marda Loop and neighbouring Killarney, where demand continues to outpace supply.Key Highlights::R-CG zoning with a DP-approved 16-unit development, Approved for 8 upper units (3 bed + 2.5 bath) and 8 legal suites (1 bed + 1 bath), Prime Marda Loop location—one of Calgary’s highest-performing redevelopment districts, Truly shovel-ready with dramatically reduced development timelines, Ideal for builders, developers, and investors targeting multi-family infi ll, Large frontage, mature trees, and rear-lane access for optimal site planning, High revenue potential through suite-enabled designs and strong end-sale values, Existing homes generate holding income while preparing for construction, Minutes to downtown, transit, schools, parks, restaurants, and boutique retail, Take Advantage of This Rare Calgary Multi-Family Development Opportunity, Secure this 16-unit DP-approved land assembly in Marda Loop today and capitalize on one of Calgary’s strongest and most proven urban redevelopment markets. Opportunities of this caliber are limited—and highly sought after. (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
992 sqft
Community Name
Richmond
Subdivision Name
Richmond
Title
Freehold
Land Size
584 m2|4,051 - 7,250 sqft
Built in
1950
Parking Type
Parking Pad
Building
Bedrooms
Above Grade
3
Bathrooms
Total
3
Interior Features
Appliances Included
None
Flooring
Carpeted, Ceramic Tile, Hardwood
Basement Type
Full (Finished)
Building Features
Features
See remarks, Back lane
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Square Footage
992 sqft
Total Finished Area
992 sqft
Structures
None, Dog Run - Fenced In
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Brick, Vinyl siding
Parking
Parking Type
Parking Pad
Total Parking Spaces
2
Land
Lot Features
Fencing
Fence
Other Property Information
Zoning Description
R-CG
Level Rooms Dimensions
Main level Kitchen 12.67 Ft x 13.58 Ft
Living room 15.67 Ft x 13.17 Ft
Primary Bedroom 11.58 Ft x 11.17 Ft
Bedroom 11.58 Ft x 8.83 Ft
Bedroom 11.17 Ft x 9.75 Ft
5pc Bathroom 6.58 Ft x 9.83 Ft

Features
           See remarks            Back lane            Parking Pad
           None            None
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Your Home Finance Calculation

Property Price CA $997,500
Bank Loan Amount CA $0
Monthly Installment CA $0

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