By the numbers

How this listing measures up

$/sqft —

vs Crescent Heights median +120% community avg $491K

Sqft per bedroom —

Year built —

Annual taxes $5,026 2024

Crescent Heights avg DOM 30d

About this property

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.

Property details

Inclusions

N/A

Lot size	5618.00 sqft
Frontage	87.5 ft
Lot features	Level,Rectangular Lot,Treed
Fencing	Partial

Annual taxes	$5,026
Tax year	2024
Possession	Immediate,Negotiable
Zoning	M-C1
Title	Fee Simple
Restrictions	Utility Right Of Way

Neighbourhood	Crescent Heights
Community features	Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths
List AOR	Calgary

Location

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About Crescent Heights

AI-generated summary

A mature, established inner-city neighbourhood perched on the north hill with sweeping downtown skyline views and a relaxed, walkable character. Tree-lined streets and a strong community association give it a tight-knit, village-like feel.

One of Calgary's oldest established communities, with roots dating back to the early 1900s

Offers some of the best unobstructed views of the Calgary downtown skyline

Active community association with year-round programming and a well-used community centre

Housing

Predominantly character homes including craftsman bungalows and two-storey infills, with a growing number of modern duplexes and low-rise condos mixed throughout.

Transit

Well-served by Calgary Transit bus routes with easy access to Centre Street and 4th Street NW, and a short commute to downtown by bike via dedicated pathways.

Amenities

Residents enjoy the shops and restaurants along 4th Street NW and 16th Avenue, with close proximity to Rotary Park, the Bow River pathway system, and the North Hill Centre.

Who lives here

A diverse mix of long-time homeowners, young professionals, and families who value proximity to downtown without sacrificing a quieter residential atmosphere.

Full Crescent Heights community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.