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Home Communities Highland Park 4220 Centre Street NE
$1,000,000 Sold
4220 Centre Street NE · Calgary · T2E 2Y9
bd ba
MLS® A2300778 · Listed Apr 10, 2026
Listed by Jessica Chan Real Estate & Management Inc. — Jessica Chan
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

InclusionsNONE
Lot size5801.00 sqft
FencingNone
Annual taxes$3,581
Tax year2025
Possession15 Days / Neg
ZoningMU-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodHighland Park
List AORCalgary

Location

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About Highland Park

AI-generated summary

A 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.
Full Highland Park 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: Jessica Chan Real Estate & Management Inc. — Jessica Chan.