$3,450,000

North Glenmore Park Land Assembly for Sale | 150’ x 138’ Apartment/ Multi Family Development Opportunity in CalgaryA rare 150’ x 138’ land assembly in North Glenmore Park, Calgary presents a premier multi-parcel redevelopment opportunity ideally suited for a 5-storey apartment building, subject to city approval. Comprised of three adjacent properties offered together, this site creates a scalable, high-impact development opportunity in one of Calgary’s most desirable inner-city communities. Located in the highly sought-after North Glenmore Park neighbourhood, each parcel measures approximately 50’ x 139’, forming a combined footprint well-suited for mid-rise multifamily development. The flat site topography, corner influence, and south-facing rear exposure support efficient building design, strong unit layouts, and optimal natural light — key drivers for rental performance and long-term asset value. From a developer’s perspective, the configuration and location strongly support a 5-storey purpose-built rental or condominium project, aligning with ongoing demand for inner-city multifamily housing in Calgary. Opportunities to assemble this scale of land in North Glenmore Park are extremely limited, making this a strategic acquisition for developers targeting long-term hold assets or build-to-sell projects. While the existing homes provide holding income potential, the primary value is in the land assembly and its ability to accommodate higher-density redevelopment in a mature, high-demand location surrounded by quality infill and established residential homes. This North Glenmore Park development site benefits from exceptional surrounding amenities that enhance both livability and tenant demand. Central Memorial High School and Altadore School are located nearby, while North Glenmore Park and the Glenmore Reservoir offer year-round recreation including pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails, and pic nic areas. Additional nearby amenities include Glenmore Athletic Park and the Glenmore Aquatic Centre, providing strong community infrastructure that supports long-term rental demand. The property is located approximately 8 minutes from downtown Calgary, with direct access via Crowchild Trail and Glenmore Trail, ensuring excellent connectivity for future residents. For developers and investors seeking a Calgary land assembly for a 5-storey apartment building, this offering stands out due to its size, configuration, location, and redevelopment potential. The combination of oversized lots, south-facing exposure, corner positioning, and inner-city proximity creates a rare opportunity to deliver a high-quality multifamily project in one of Calgary’s most established and desirable neighbourhoods. (id:64343)

Property Details

MLS® Number	A2302642
Property Type	Single Family
Community Name	North Glenmore Park
Amenities Near By	Park, Playground, Schools, Shopping
Features	See Remarks, Back Lane, Level
Parking Space Total	6

Building

Bathroom Total	5
Bedrooms Above Ground	8
Bedrooms Below Ground	1
Bedrooms Total	9
Appliances	See Remarks
Architectural Style	Bungalow
Basement Development	Finished
Basement Features	Separate Entrance, Suite
Basement Type	Full (finished)
Constructed Date	1961
Construction Material	Wood Frame
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Stucco, Wood Siding
Fire Protection	Smoke Detectors
Fireplace Present	Yes
Fireplace Total	2
Flooring Type	Carpeted, Linoleum
Foundation Type	Poured Concrete
Heating Type	Forced Air
Stories Total	1
Size Interior	3,925 Ft2
Total Finished Area	3924.94 Sqft
Type	House

Parking

Detached Garage	2
Other
Oversize

Land

Acreage	No
Fence Type	Fence
Land Amenities	Park, Playground, Schools, Shopping
Landscape Features	Landscaped
Size Depth	42.19 M
Size Frontage	45.72 M
Size Irregular	1928.93
Size Total	1928.93 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text	1928.93 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description	R-cg

Rooms

Level	Type	Length	Width	Dimensions
Basement	Recreational, Games Room			12.75 Ft x 22.58 Ft
Basement	Kitchen			12.00 Ft x 10.50 Ft
Basement	Bedroom			15.58 Ft x 12.92 Ft
Basement	3pc Bathroom			8.00 Ft x 4.92 Ft
Basement	Recreational, Games Room			18.58 Ft x 11.42 Ft
Basement	Storage			18.83 Ft x 32.67 Ft
Basement	Storage			3.75 Ft x 6.58 Ft
Basement	Family Room			14.17 Ft x 21.25 Ft
Basement	Recreational, Games Room			32.08 Ft x 11.50 Ft
Basement	Storage			15.17 Ft x 15.50 Ft
Basement	Furnace			7.50 Ft x 6.58 Ft
Basement	3pc Bathroom			9.50 Ft x 6.58 Ft
Main Level	Foyer			11.83 Ft x 6.50 Ft
Main Level	Living Room			11.83 Ft x 37.83 Ft
Main Level	Kitchen			14.08 Ft x 12.42 Ft
Main Level	Family Room			27.17 Ft x 15.42 Ft
Main Level	Sunroom			11.08 Ft x 11.17 Ft
Main Level	Primary Bedroom			12.75 Ft x 12.17 Ft
Main Level	Bedroom			9.33 Ft x 12.17 Ft
Main Level	Bedroom			9.25 Ft x 9.00 Ft
Main Level	4pc Bathroom			12.75 Ft x 6.42 Ft
Main Level	Dining Room			12.17 Ft x 6.50 Ft
Main Level	Living Room			15.25 Ft x 10.75 Ft
Main Level	Dining Room			11.58 Ft x 10.42 Ft
Main Level	Kitchen			6.92 Ft x 11.92 Ft
Main Level	Primary Bedroom			9.25 Ft x 12.00 Ft
Main Level	Bedroom			9.25 Ft x 12.00 Ft
Main Level	3pc Bathroom			8.25 Ft x 6.92 Ft
Main Level	Living Room			15.17 Ft x 15.50 Ft
Main Level	Kitchen			14.00 Ft x 15.92 Ft
Main Level	Storage			4.00 Ft x 6.83 Ft
Main Level	Primary Bedroom			11.17 Ft x 15.00 Ft
Main Level	Bedroom			10.58 Ft x 11.58 Ft
Main Level	Bedroom			7.92 Ft x 11.67 Ft
Main Level	3pc Bathroom			7.25 Ft x 6.83 Ft

https://www.realtor.ca/real-estate/29618368/2135-2139-2143-50-avenue-sw-calgary-north-glenmore-park