1316 15 AVE SW, Calgary, AB T3C 0X7
1316 15 AVE SW, Calgary, AB T3C 0X7
1316 15 AVE SW, Calgary, AB T3C 0X7
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Alankar Ghimire

Alankar Ghimire

+1(403) 816-9431
$2,250,000
Est. payment /mo
4 Beds
2 Baths
1,735 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1735.0

Square Footage 1,735 sqft

Price per Sqft $1,296

Subdivision Beltline

MLS Listing ID A2310635

Style 2 Storey

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1911

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Detached

Property Description

Outstanding opportunity to acquire a fully assembled,mid-block development site in Calgary's Beltline community. This 9,756 square foot site spans three contiguous lots at 1314,1316,and 1318 15 Avenue SW and is currently zoned CC-MH (Centre City Multi-Residential High Rise District) under Land Use Bylaw 1P2007. This zoning supports a Floor Area Ratio (FAR) of up to 5.0,allowing for substantial future density in one of Calgary's most dynamic and walkable urban neighbourhoods. The site is rectangular in shape with approximately 75 feet of frontage along 15 Avenue SW and rear lane access,offering strong development efficiency. Located between 12 Street and 14 Street SW,it enjoys immediate access to key commuter routes including 14 Street,17 Avenue,and 12 Avenue SW,with nearby transit options enhancing connectivity for future residents or tenants. The property is within walking distance to grocery stores,restaurants,fitness studios,and both downtown and 17th Avenue's retail corridors—an essential attribute for any successful multi-residential project. The land is improved with three separate structures: two are currently rented out,and the third is used as a professional office space. These improvements generate short-term holding income and provide flexibility for interim commercial or residential uses (subject to City of Calgary approvals). The site's existing configuration and tenancies reduce carrying costs while future development planning is underway. This valuation reflects comparability to several recent area land transactions,adjusted for location,zoning,and development readiness. No development applications have been submitted to date,providing a clean slate for a custom-built vision. With its location inside the Beltline Area Redevelopment Plan,this parcel benefits from a municipal planning framework that prioritizes high-density residential growth. The CC-MH zoning allows for a wide range of uses and building forms,with potential for further density incentives where community benefit contributions apply. Whether you're a builder,developer,or investor seeking to hold income-producing land in Calgary's inner core,this offering provides both immediate utility and long-term potential in equal measure.

Location

Province AB

County 0046

Community Park, Shopping Nearby, Walking/Bike Paths

Area Cal Zone Cc

Zoning CC-MH

Direction SW

Rooms

Basement None, Full, Finished

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Laminate

Inclusions As is where is

Fireplace Yes

Appliance Range, Refrigerator

Laundry In Basement

Exterior

Exterior Feature None

Parking Features Parking Pad

Fence Fenced

Community Features Park, Shopping Nearby, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 2

Garage No

Building

Lot Description Back Lane, Back Yard, Interior Lot, Rectangular Lot

Dwelling Type House

Faces S

Story Two

Foundation Poured Concrete

Architectural Style 2 Storey

Level or Stories Two

New Construction No

Others

Restrictions None Known

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Listed by eXp Realty

NEARBY SCHOOLS & PROPERTIES

Alankar Ghimire

Alankar Ghimire

Agent | License ID: LIC-00511115

+1(403) 816-9431

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