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Home Communities Mount Pleasant 526 16 Avenue NW
$5,299,000 Expired
526 16 Avenue NW · Calgary · T2M 0J4
bd ba 11,000 sqft $482/sqft Built 1963
MLS® A2273010 · Listed Nov 27, 2025
Listed by TrustPro Realty — Gloria Sun, Jack Cheng
By the numbers

How this listing measures up

$/sqft $482
vs Mount Pleasant median +421% community avg $1018K
Sqft per bedroom
Year built 1963
Annual taxes $66,140 2025
Mount Pleasant avg DOM 25d
$/sqft distribution

Where this listing sits in Mount Pleasant

Of 34 active residential listings in Mount Pleasant, this property at $482/sqft sits in the $450–500 range.
$300–$350/sqft · 4 listings $350–$400/sqft · 3 listings $400–$450/sqft · 3 listings $450–$500/sqft · 9 listings $500–$550/sqft · 0 listings $550–$600/sqft · 3 listings $600–$650/sqft · 2 listings $650–$700/sqft · 4 listings $700–$750/sqft · 2 listings $750–$800/sqft · 2 listings $800–$850/sqft · 0 listings $850–$900/sqft · 1 listing $900–$950/sqft · 0 listings $950–$1000/sqft · 0 listings $1000–$1050/sqft · 1 listing $300 $400 $500 $600 $700 $800 $900 $1000 $1050 This · $482
Other active listings This listing's price range This listing

About this property

Investor & Developer Alert! An exceptional commercial redevelopment opportunity in one of Calgary’s most strategic and high-exposure corridors. This 0.51-acre property features a 10,000+ sq ft commercial building and is ideally positioned along the TransCanada Highway, offering outstanding visibility and convenient access to major destinations including downtown, YYC Airport, Deerfoot Trail, SAIT, and the University of Calgary. Zoned C-COR1, with a generous 4.0 FAR and a permitted 37m building height under the North Hill Community Area Plan, this site presents significant potential for large-scale mixed-use development, including residential units, commercial retail, a vibrant strip mall, professional services, or medical-related uses. The existing building is a strong income producer, generating approximately $240,000 in effective gross income annually with a $100,000 NOI, making it an ideal holding property while planning your redevelopment. The lot offers ample on-site parking, high traffic exposure, and a prime location that supports long-term value. This is a rare chance to secure a high-potential redevelopment site in a central, rapidly evolving Calgary corridor. Don’t miss this exceptional opportunity! (Conceptual drawings are for illustrative purposes only.)

Property details

HeatingForced Air,Natural Gas
InclusionsN/A
Lot size22259.00 sqft
Frontage200.01 ft
Year built1963
Annual taxes$66,140
Tax year2025
PossessionNegotiable
ZoningC-COR1 f4.0h24
RestrictionsNone Known
NeighbourhoodMount Pleasant
List AORCalgary

Location

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About Mount Pleasant

AI-generated summary

Mount Pleasant is a charming, established inner-city neighbourhood with tree-lined streets and a strong sense of community, blending longtime residents with a growing wave of young professionals and families.

One of Calgary's older communities, with roots dating back to the early 1900s
Borders Confederation Park, one of Calgary's largest urban parks
Ongoing infill development is gradually increasing density while retaining neighbourhood character
Housing
Housing stock is a mix of original early-20th-century bungalows and character homes alongside modern infill duplexes and townhomes.
Transit
The neighbourhood is well-served by Calgary Transit bus routes with easy access to Centre Street, and its central location makes cycling and walking practical for many daily errands.
Amenities
Residents enjoy proximity to 4th Street N.W. shops, Confederation Park, local cafés, and the amenities of nearby Bridgeland and Kensington.
Who lives here
A diverse mix of long-established families, young professionals, and downsizers who value inner-city living without the premium price tag of trendier neighbourhoods.
Full Mount Pleasant 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.

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Listed by: TrustPro Realty — Gloria Sun, Jack Cheng.