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Investment Highlights
- Fully approved development framework, providing a clear & predictable entitlement path that significantly reduces development and permitting risk
- Strategic urban location that benefits from proximity to Mount Royal University and near the Marda Loop district
- Meaningful scale with strong density potential that supports the development of up to 1,509 residential units with multiple residential use options
Executive Summary
CBRE Limited (“CBRE”) is pleased to offer a rare opportunity to acquire the strategically located Richmond Road Lands (the “Property” or “Site”), situated at the intersection of Richmond Road SW and 25th Street SW. Encompassing 11.48 acres (500,202 square feet), the Site benefits from full approval under the new Direct Control Bylaw, providing exceptional development certainty and significantly mitigating entitlement risk. Net of roads and Municipal Reserve, the Property offers 8.38 acres (365,033 square feet) of net developable land, with zoning in place to support a comprehensive development of up to 1,509 residential units. The approved development framework allows flexibility in built form to respond to evolving market demand. The Site offers outstanding connectivity, located just 7 minutes from Mount Royal University and 10 minutes from Downtown Calgary. Surrounded by a robust mix of retail, dining, and lifestyle amenities—including the vibrant Marda Loop district—the Property is ideally positioned for residential development, with strong potential for market rental, student housing, senior housing and other complementary uses.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 11.48 AC |
| Property Type | Land | ||
| Zoning | DC 66D2025 (M-H2) & S-SPR | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 11.48 AC |
| Zoning | DC 66D2025 (M-H2) & S-SPR |
1 Lot Available
Lot
| Lot Size | 11.48 AC |
| Lot Size | 11.48 AC |
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (73)
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2519 Richmond Rd SW - Richmond Road Lands
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