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Investment Highlights

  • Inner-City Density Play – Scarce entitled land in SW Calgary
  • Premier Altadore Location – Strong rental demand and absorption
  • Zoning: M-C2 (Multi-Residential – Contextual Medium Profile)
  • Build-to-Hold Opportunity – Marketed as rental with potential CMHC financing
  • Construction-Ready – Existing structures cleared
  • Approved 31-Unit Multifamily Development – DP issued and included

Executive Summary

Fully entitled M-C2 multifamily development site located at 3711 15 Street SW in Altadore, offered for sale at $3,000,000. The 1,155 m² (12,433 SF) freehold parcel includes a city-approved development permit for a 31-unit residential project, with the site cleared and plans included, allowing for immediate construction.

Property Facts

Price $3,000,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.29 AC
Zoning M-C2 - Multi-Residential - Contextual Medium Profile

1 Lot Available

Lot

Price $3,000,000 CAD
Price Per AC $10,344,827.59 CAD
Lot Size 0.29 AC

Rectangular, inner-city development parcel totaling approximately 1,155 m² (12,433 SF | 0.285 acres) with ~30.45 m (100 ft) of frontage by ~37.95 m (125 ft) of depth. The site is zoned M-C2 and has been cleared, offering a construction-ready.

Description

3711 15 Street SW is a high-density multifamily development site located in the sought-after inner-city community of Altadore, Calgary. The freehold parcel measures approximately 1,155 m² (12,433 SF) and has been re-zoned to M-C2, with a development permit approved for a 31-unit apartment building. The property has been cleared and prepared for construction, significantly reducing entitlement and pre-development risk. The site is positioned within one of Calgary’s most established and supply-constrained residential neighborhoods, benefiting from proximity to Marda Loop retail amenities, established transit routes, and strong historical rental demand. The offering is well suited for developers or build-to-hold investors, with the vendor highlighting potential CMHC-insured financing strategies for long-term rental execution.

Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
  • Listing ID: 40353434

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 3711 15 St SW, Calgary, AB T2T 4A5

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