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2519 Richmond Rd SW - Richmond Road Lands 11.48 Acres of Commercial Land in Calgary, AB T3E 4M2

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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
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
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39601025

  • Date on Market: 2026-02-27

  • Last Updated:

  • Address: 2519 Richmond Rd SW, Calgary, AB T3E 4M2

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