RARE PARKDALE DEVELOPMENT OPPORTUNITY – APPROVED 8-UNIT DEVELOPMENT PERMIT! An exceptionally rare opportunity for a CORNER lot in the highly sought-after inner-city community of Parkdale. This property comes with an APPROVED DEVELOPMENT PERMIT FOR AN 8-UNIT MULTI-RESIDENTIAL DEVELOPMENT—an increasingly difficult approval to replicate under Calgary's evolving planning policies. For builders, developers and investors, the value here is in the existing approval. With the development permit already secured, this property offers a significant head start. Opportunities of this nature have become extremely scarce, especially in one of Calgary's most desirable inner-city communities. Parkdale continues to be one of Calgary's most desirable redevelopment communities, offering excellent proximity to the Bow River pathway system, Foothills Medical Centre, Alberta Children's Hospital, University of Calgary, Market Mall, schools, parks and downtown Calgary. The location provides an outstanding combination of inner-city convenience, established neighborhood character and long-term redevelopment appeal. Whether you're a developer looking for your next project or an investor seeking a scarce inner-city land opportunity, properties with this level of development potential and existing approval rarely become available.
Data was last updated August 29, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$865,000
Min list price:
$229,000
Max list price:
$1,899,900
Avg days on market:
49
Min days on market:
1
Max days on market:
120
Avg price per sq.ft.:
$495.11
These statistics are generated based on the current listing's property type
and located in
Parkdale. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.