Rare inner-city development opportunity in highly sought-after Capitol Hill. Situated on a 50’ x 120’ lot and zoned H-GO, this property comes with an approved City of Calgary development permit for 10 units, offering a substantial head start and reducing entitlement risk for the next owner. The existing bungalow and detached garage provide flexibility for interim holding or immediate redevelopment. Full renderings, development drawings, and building plans are available, allowing a buyer to move directly into the next phase of execution. Ideally positioned for an experienced developer or investor seeking a well-located multifamily project with scale, certainty, and significant upside. Located in one of Calgary’s established and consistently sought-after inner-city infill corridors, this is an opportunity to acquire a development-ready site with much of the preliminary work already completed. Property is sold “as is, where is.”
Data was last updated August 11, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$849,900
Min list price:
$209,900
Max list price:
$2,150,000
Avg days on market:
43
Min days on market:
6
Max days on market:
250
Avg price per sq.ft.:
$573.91
These statistics are generated based on the current listing's property type
and located in
Capitol Hill. 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.