Strategic Development Opportunity – Crescent Heights
*** NEW PRICE ***
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 – $1,079,800 (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.
Lot opportunity in a great location! 620 Spencer Street SE is being offered as a LOT ONLY sale. The existing structure is not habitable and will require demolition (no access, therefore, no measurements.), but the heavy lifting of asbestos abatement has already been completed, giving buyers a clear path to redevelopment. Zoned MU (Mixed Use), this property provides a range of potential options for future use, whether residential, commercial, or a blend of both. This is a unique opportunity to create your own vision on a versatile site.
Listing Brokerage: ROYAL LEPAGE COMMUNITY REALTY
This 1,685 sq. ft. mainfloor space is located in the heart of downtown Lethbridge, offering excellent visibility and exposure along 3rd Avenue South. Recently upgraded with significant building renovations, the unit provides an ideal layout and size for a boutique or fine dining restaurant and is already equipped with a rooftop fan and makeup air system capable of supporting a commercial kitchen. Surrounded by established businesses, offices, and downtown attractions, the property offers high visibility year-round, with especially strong foot traffic throughout the summer months. This is an excellent opportunity to create a standout dining destination in one of Lethbridge’s most vibrant downtown locations.
Listing Brokerage: Lethbridge Real Estate.com
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A brand new concrete building including suspended slab concrete main floor and 2 concrete firewall party walls. Well located a mere 600m from the future Pop Davies Green Line Station. The building is cladded in long-life exterior finishes with beautiful stucco and brick work alternating between units. Upper Townhomes feature engineered hardwood flooring, high quality appliance set including gas ranges, dishwashers, microwave, French door fridge and full size washer/ dryer with gas dryers. Quartz counters, commercial champagne bronze Delta fixtures and custom lighting. Stain-resistant carpet throughout the upper floor and beautiful tile work in all the bathrooms. The 3 bedroom, 2.5 bath floor plans provide ample space for families, small or large, and the addition of 400+ sq ft beautiful, private use, low maintenance rooftop patios nestled into the tree line of Lynnwood\'s mature streetscape, are an added bonus that will keep tenants for the long term. Lower Garden Suites: the lower garden suites, of approx 600 sq ft plus the private use lower patios of 240 sq ft, have great, private access. The patios are fully serviced with gas and water creating cozy personal spaces begging for an individual touch. The interior of the units feature very similar high quality finishes noting hardwood is substituted for waterproof vinyl as the units are heated by radiant floor heat, driven by a Navien combi-boiler/ HRV. The bathroom is spacious, features more tile work and a soaker, acrylic bathtub. The Delta fixtures is carried from the upper units as is the custom lighting. The property is further complimented by a detached, 5 car, heated and shared garage; stalls are assigned to the 5 upper townhomes only; lower garden suites are street parking of which there is plenty. The property currently qualifies for CMHC MLI Select financing but if we dont get a reasonable offer in the next 30 days, we will be condominiumizing the property and selling the units separately. The property is zoned HGO so the lower units can be sold separately (read- 10 titles). For the savvy investor, this investment is priced to allow solid appreciation into the completion of the Green Line while holding with positive cashflow under CMHC financing. Draft Condo plan and all draft condo documents are included with the sale. What an opportunity! See the timeless value that Heirloom Homes delivers in the highly prospective community of Lynnwood/ Ogden!
Fantastic Investment Opportunity in West Park! Introducing a spacious property with incredible flexibility, located in the desirable West Park neighborhood of Red Deer. Perfect for investors, first-time buyers or families, this home comes with an illegal suite with its own private entrance. Step inside the bright and welcoming main floor, where large south-facing windows fill the living and dining areas with natural light. The open dining space includes a charming “peek-a-boo” wall that provides extra counter space and additional kitchen storage. The kitchen itself boasts a sizable layout designed for multiple cooks, offering plenty of room to prep meals without feeling crowded. Completing the main floor are three spacious bedrooms and a 4-piece bath, giving options for bedrooms, a home office, gym, or hobby room. Downstairs, the illegal suite includes 1 bedroom, a full 4-piece bathroom, living room, and kitchen - perfect for extended family or tenants. Shared spaces in the basement include a laundry area with washer/dryer, built-in cupboards and shelving for storage, lockers, plus an additional 3-piece bathroom for added convenience. The seller is updating the property with new flooring, giving the home a fresh start for its next owner. The furnace and hot water tank were replaced. Extra paving tiles will also remain if requested, a great bonus for outdoor projects. Outside, the large lot provides plenty of space to enjoy. The yard is partially fenced on one side, with potential to add more fencing for pets or privacy. A shed offers handy outdoor storage, and the large parking pad ensures ample space for multiple vehicles. Location is key - and this home delivers. Just minutes from Heritage Ranch, the Red Deer River walking trails, West Park School, parks, and Red Deer Polytechnic, this property offers both lifestyle and convenience. Families will love the proximity to schools and recreation, while investors will see the rental potential with steady demand from students and staff. With a versatile layout, large lot, parking and updates already underway, this West Park property is more than just a home, it\'s an opportunity. Whether you’re looking to invest or enjoy a spacious home with room for everyone, this property is ready to welcome you.
Listing Brokerage: RE/MAX real estate central alberta
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