By the numbers
How this listing measures up
$/sqft
—
vs Highland Park median
+62%
community avg $618K
Sqft per bedroom
—
Year built
—
Annual taxes
$3,581
2025
Highland Park avg DOM
28d
About this property
Exceptional MU-1 Development Opportunity – DP Approved & Ready to Build!
Prime inner-city CORNER LOT offering MU-1 zoning—allowing for mixed-use development with commercial at grade and up to 6 storeys (5 residential above). Positioned on a high-exposure intersection with strong street visibility, this is a rare opportunity for builders and investors to step into a fully entitled development with no delays, demolition, or uncertainty remaining.
The offering includes a fully approved Development Permit for a thoughtfully designed project featuring a 4-plex with 8 residential units plus 2 commercial spaces, along with a 4-stall carport providing convenient parking solutions. All architectural drawings, DSSP documents, and supporting planning materials are included, significantly reducing soft costs and accelerating the development timeline.
Site preparation is fully complete, including demolition, asbestos remediation, and utility removals—allowing for immediate transition to excavation and construction. This is a true ready-to-build opportunity with substantial value already invested into approvals and pre-development work.
Located in a rapidly evolving inner-city area, the site benefits from strong redevelopment momentum, surrounding investment activity, and long-term growth fundamentals. The MU-1 zoning provides exceptional flexibility for mixed-use design, making this an ideal opportunity for both experienced developers and long-term investors seeking scalable returns.
This offering includes the land, fully approved plans, permits, and all completed pre-construction work—delivering a streamlined, near turn-key development opportunity in a high-demand location. A rare chance to acquire a fully prepared project and bring it to completion.
Property details
| Inclusions | NONE |
| Lot size | 5801.00 sqft |
| Fencing | None |
| Annual taxes | $3,581 |
| Tax year | 2025 |
| Possession | 15 Days / Neg |
| Zoning | MU-1 |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Highland Park |
| List AOR | Calgary |
Location
Sold comparables in Highland Park
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Sign up to see sold dataAbout Highland Park
AI-generated summaryA quiet, established inner-city community with a warm, unpretentious character and tree-lined streets that reflect its working-class roots and growing appeal among younger buyers.
Located approximately 5 km north of downtown Calgary
Borders communities of Tuxedo Park, Greenview, and Thorncliffe
Community association active in neighbourhood events and green space stewardship
Housing
Predominantly pre-1960s bungalows and character homes, with an increasing number of infill duplexes and semi-detached properties replacing older stock.
Transit
Well-served by Calgary Transit bus routes along Centre Street and 4th Street NE, with reasonable access to the CTrain network for commuters heading downtown.
Amenities
Residents enjoy proximity to Highland Park's own green spaces, Nose Hill Park to the northwest, and the shops and restaurants along Centre Street and 16th Avenue NE.
Who lives here
A mix of long-time homeowners, young families, and first-time buyers drawn by relative affordability and a central location close to downtown Calgary.
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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