Strategic Development Opportunity – Crescent Heights

An exceptional chance to acquire a premium inner-city redevelopment site in the heart of Crescent Heights — one of Calgary’s most vibrant and rapidly evolving communities. This offering includes two titled properties — 1506 & 1510 1 Street NW — to be sold together as one consolidated parcel.

Zoned M-C1 / RM-4 – suitable for multi-family or medium-density residential

Combined lot size: approx. 87.5 ft x 112.5 ft (TBV) – 4 city lots (Lots 9–12)

Cleared and shovel-ready – old structures professionally removed

Priced at 2024 City of Calgary assessed value – $1,179,800 (for both titles)

High-demand location with excellent access to downtown, transit, shops, and restaurants

Strong walkability, urban amenities, and long-term growth fundamentals

This is a rare development-ready site in a mature, high-growth neighborhood — ideal for builders and developers looking to capitalize on Calgary’s expanding inner-city market.
Listing Brokerage: TREC The Real Estate Company