By the numbers
How this listing measures up
$/sqft
$986
vs Ramsay median
-54%
community avg $1522K
Sqft per bedroom
710
Year built
1944
Annual taxes
$3,358
2025
Ramsay avg DOM
39d
$/sqft distribution
Where this listing sits in Ramsay
Of 8 active residential listings in Ramsay,
this property at $986/sqft
sits in the $950–1000 range.
Other active listings
This listing's price range
This listing
About this property
EXCEPTIONAL INNER-CITY DEVELOPMENT OPPORTUNITY IN RAMSAY. Located at 1125 8 Street SE, this 33’ x 148.5’ parcel, or 66’ x 148.5’ when assembled with 1123, offers newly approved H-GO (Housing – Grade Oriented) zoning, supporting higher-density, grade-oriented multi-residential development in one of Calgary’s most sought-after redevelopment corridors.
Preliminary concept studies illustrate the potential for a 28-unit multi-residential project across the combined site, aligning with Calgary’s ongoing inner-city densification strategy. Prior planning discussions have been supportive, allowing for a streamlined path toward development permit preparation and submission.
For added context, a nearby land assembly of approximately 35,000 sq ft recently achieved approval for only 20 units, highlighting the strong density potential achievable on this nearly 10,000 sq ft site.
The property benefits from dual street access via 8 Street SE and Maggie Street SE, providing excellent flexibility for site planning, access, and circulation. Conceptual plans have been thoughtfully considered to respect the character of the neighbourhood while introducing modern, attainable housing.
Multiple acquisition options available:
• Assemble 1123 & 1125 8 Street SE for a 66’ x 148.5’ development site
• Purchase 1123 or 1125 individually
• Potential opportunity to acquire the Maggie Street SE frontage portion of 1125 (approx. 33’ x 72.25’), subject to subdivision, offering additional flexibility for builders
Property is being marketed and sold strictly as LAND VALUE ONLY, AS-IS. Existing structure has been boarded, utilities have been disconnected, and the property is not suitable for occupancy. Seller makes no warranties or representations regarding structures, improvements, or development approvals. Buyers must conduct their own due diligence with the City of Calgary.
DO NOT ENTER PROPERTY. Access only with an accepted offer or seller authorization.
Ideally located steps from Red’s Diner and within walking distance to Stampede Park, the BMO Centre, Calgary’s Culture and Entertainment District, the future SAM Centre, and the shops and restaurants of Inglewood. Ramsay continues to see significant public and private reinvestment, making this a prime opportunity for builders and investors.
Development concept package and supporting materials available to qualified buyers upon request.
Rare opportunity to secure a high-potential inner-city development site.
Property details
| Bedrooms | 1 |
| Bathrooms | 1.0 |
| Inclusions | None |
| Lot size | 4897.00 sqft |
| Fencing | None |
| Year built | 1944 |
| Annual taxes | $3,358 |
| Tax year | 2025 |
| Possession | 15 Days / Neg,30 Days / Neg,45 days / Neg,60 Days / Neg,90 Days / Neg,Immediate,Negotiable |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Ramsay |
| 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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