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912 16 Ave - Cambridge Tower - Multi-Family Dev Land 0.37 Acres of Residential Land Offered at $2,500,000 CAD in Calgary, AB T2M 0K3
INVESTMENT HIGHLIGHTS
- Central Location – Quick access to downtown, SAIT, and transit.
- Live/Work Convenience – Mixed-use design with retail at your doorstep.
- Stylish Living – Modern units with panoramic city views.
EXECUTIVE SUMMARY
PRICE REDUCED! Two Multi-Residential sites for sale - 836 16 Avenue NW (Oxford Tower), and 912 16 Avenue NW (Cambridge Tower). Contemplated Build Form - Modest 6-storey with 1 level parking. Located in the highly desirable inner-city community of Mount Pleasant, just minutes to downtown Calgary, surrounded by various retail & entertainment amenities, parks and recreational facilities. Within walking distance to the Southern Institute of Technology (SAIT), Southern Alberta Jubilee auditorium and Alberta University of Arts. Near Confederation Park, bike paths, schools, and local retail. Transit-accessible via multiple bus routes and the SAIT CTrain Station. Part of an area that continues to attract demand from students, professionals, and urban renters seeking modern living near key employment and education hubs.
PROPERTY FACTS
| Price | $2,500,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.37 AC |
| Property Type | Land | ||
| Zoning | MU-2f7.0h44 - MU-2f7.0h44 Mixed Use - Active Frontage | ||
| Price | $2,500,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.37 AC |
| Zoning | MU-2f7.0h44 - MU-2f7.0h44 Mixed Use - Active Frontage |
1 LOT AVAILABLE
Lot 27
| Price | $2,500,000 CAD | Lot Size | 0.37 AC |
| Price Per AC | $6,756,756.76 CAD |
| Price | $2,500,000 CAD |
| Price Per AC | $6,756,756.76 CAD |
| Lot Size | 0.37 AC |
912 16 Avenue NW is the site of the approved development for Cambridge Tower. Mixed-Use (active frontage) zoning. Plan:1513006; Block:5; Lot:27.
DESCRIPTION
Vacant land zoned for multi-storey mixed-use with an approved development permit in place for Cambridge Tower.
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (95)
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912 16 Ave - Cambridge Tower - Multi-Family Dev Land
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