By the numbers
How this listing measures up
$/sqft
$736
vs Ramsay median
-54%
community avg $1522K
Sqft per bedroom
950
Year built
1908
Annual taxes
$3,250
2025
Ramsay avg DOM
39d
$/sqft distribution
Where this listing sits in Ramsay
Of 8 active residential listings in Ramsay,
this property at $736/sqft
sits in the $700–750 range.
Other active listings
This listing's price range
This listing
About this property
EXCEPTIONAL opportunity to acquire a well-located development site in Calgary’s evolving inner-city community of Ramsay. Located at 1123 8 Street SE, this 33’ x 148.5’ parcel (66’ x 148.5’ when assembled with 1125) features newly approved H-GO (Housing – Grade-Oriented) zoning.
A City-supported conceptual design illustrates the potential for a 28-unit multi-family development, aligning with Calgary’s inner-city densification strategy. City planning discussions have already taken place and have been supportive of redevelopment concepts, with development approval drawings able to be prepared quickly for submission.
For additional context, a nearby land assembly of approximately 35,000 sq. ft. recently received approval for only 20 units, highlighting the strong potential density achievable on this nearly 10,000 sq. ft. site.
The property benefits from dual street access from 8 Street SE and Maggie Street, allowing flexible site planning and efficient circulation. Conceptual plans respect the neighborhood’s historic character while introducing modern, attainable inner-city housing.
Multiple acquisition options may be available for builders and developers:
• Purchase 1123 and 1125 together as a land assembly (66’ x 148.5’)
• Purchase 1123 or 1125 individually
• Purchase the Maggie Street SE frontage portion of 1125, currently the backyard, which may potentially be subdivided into a 33’ x 72.25’ development lot offered at $360,000. The existing home does not encroach on this proposed lot, allowing flexibility for future development.
Ideally situated steps from Red’s Diner and within walking distance to Stampede Park, the BMO Centre, Calgary’s Culture and Entertainment District, and the future SAM Centre, as well as the vibrant shops and restaurants of Inglewood.
Ramsay continues to benefit from significant public and private reinvestment, making this one of Calgary’s most attractive inner-city redevelopment locations.
Conceptual planning materials available to qualified buyers upon request.
Come have a look today and make an offer.
Property details
| Bedrooms | 1 |
| Bathrooms | 1.0 |
| Style | Bungalow |
| Heating | Other |
| Cooling | None |
| Flooring | Hardwood,Linoleum |
| Levels | One |
| Basement | None |
| Interior features | See Remarks |
| Appliances | None,See Remarks |
| Inclusions | None |
| Laundry | None |
| Lot size | 4908.00 sqft |
| Frontage | 33 ft |
| Lot features | See Remarks |
| Exterior features | None |
| Fencing | Fenced |
| Patio | None |
| Year built | 1908 |
| Construction materials | Concrete |
| Roof | Asphalt |
| Foundation | Poured Concrete |
| Parking features | Off Street |
| Parking total | 2 |
| Annual taxes | $3,250 |
| Tax year | 2025 |
| Possession | 45 days / Neg,Negotiable |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | See Remarks |
| Neighbourhood | Ramsay |
| Community features | Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights |
| List AOR | Calgary |
Location
Sold comparables in Ramsay
17 recent sales in Ramsay
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Sign up to see sold dataAbout Ramsay
AI-generated summaryOne of Calgary's oldest and most character-rich inner-city neighbourhoods, Ramsay blends industrial heritage with a creative, artsy edge and a tight-knit community feel. Perched on the escarpment above Inglewood, it offers sweeping city skyline views and a refreshingly unpretentious atmosphere.
One of Calgary's oldest residential communities, with roots in the late 1800s
Borders the Elbow River and offers access to extensive riverside pathway networks
The neighbourhood's elevated position on the escarpment provides iconic Calgary skyline views
Housing
Predominantly early 20th-century workers' cottages and bungalows, with a growing mix of infill duplexes and modern single-family homes.
Transit
Served by Calgary Transit bus routes with easy access to the Erlton/Stampede CTrain station, and close proximity to major cycling infrastructure along the Elbow River pathway.
Amenities
Steps from the amenities of Inglewood including independent cafés, breweries, and boutiques, plus quick access to the Saddledome and Stampede grounds.
Who lives here
A mix of long-time working-class families, young creative professionals, and urban dwellers drawn by affordability relative to other inner-city communities.
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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