Calgary Real Estate Geek
Home Communities Ramsay 1123 8 Street SE
$699,000 Terminated
1123 8 Street SE · Calgary · T2g 2z6
1 bd 1.0 ba 950 sqft $736/sqft Built 1908
MLS® A2292790 · Listed Mar 10, 2026
Listed by eXp Realty — Nadir Khan
By the numbers

How this listing measures up

Value score Hot deal
🔒 Sign in to view value score
$/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.
$500–$550/sqft · 2 listings $550–$600/sqft · 1 listing $600–$650/sqft · 2 listings $650–$700/sqft · 0 listings $700–$750/sqft · 1 listing $750–$800/sqft · 0 listings $800–$850/sqft · 2 listings $500 $550 $600 $650 $700 $750 $800 $850 This · $736
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

Bedrooms1
Bathrooms1.0
StyleBungalow
HeatingOther
CoolingNone
FlooringHardwood,Linoleum
LevelsOne
BasementNone
Interior featuresSee Remarks
AppliancesNone,See Remarks
InclusionsNone
LaundryNone
Lot size4908.00 sqft
Frontage33 ft
Lot featuresSee Remarks
Exterior featuresNone
FencingFenced
PatioNone
Year built1908
Construction materialsConcrete
RoofAsphalt
FoundationPoured Concrete
Parking featuresOff Street
Parking total2
Annual taxes$3,250
Tax year2025
Possession45 days / Neg,Negotiable
ZoningR-CG
TitleFee Simple
RestrictionsSee Remarks
NeighbourhoodRamsay
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
List AORCalgary

Location

Sold comparables in Ramsay

17 recent sales in Ramsay

VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.

Sign up to see sold data

About Ramsay

AI-generated summary

One 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.
Full Ramsay 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.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Ramsay

Listed by: eXp Realty — Nadir Khan.