By the numbers
How this listing measures up
$/sqft
—
vs Montgomery median
+46%
community avg $1203K
Sqft per bedroom
—
Year built
—
Annual taxes
$8,240
2025
Montgomery avg DOM
29d
About this property
OVER 16,000 SQFT OF DEVELOPMENT LAND! DP APPROVED FOR 18 UNITS! READY TO BUILD! Exceptional development opportunity in the heart of Montgomery with development permits already in place for a total of 18 units. Situated on a massive corner assembly with over 16,000 SQFT of land, this is a rare turnkey opportunity for builders and investors looking for a high-demand inner-city project with significant upside. The approved plans feature a thoughtfully designed multi-unit development ideal for separate titled sales, long-term rentals, or CMHC MLI Select financing strategies.
This is not your typical project—professional designs have already been completed, allowing a buyer to move quickly toward construction. The site layout also incorporates attractive resident green space and functional parking, enhancing long-term livability and appeal.
Ideally located close to numerous amenities, public transit, the University of Calgary, Foothills Hospital, parks, and river pathways, the property also offers quick access to downtown and an easy escape west to the mountains. Montgomery continues to be one of Calgary’s most sought-after inner-city communities due to its strong rental demand, ongoing redevelopment, and exceptional connectivity.
(Potentially an additional adjacent 50x120 ft lot available for purchase should a buyer be looking to expand the development footprint even further.) A rare opportunity to secure a premium ready-to-build development site in one of Calgary’s strongest urban growth corridors.
Property details
| Inclusions | N/A |
| Lot size | 16004.00 sqft |
| Fencing | Partial |
| Annual taxes | $8,240 |
| Tax year | 2025 |
| Possession | 15 Days / Neg,Immediate,Negotiable |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Montgomery |
| List AOR | Calgary |
Location
Sold comparables in Montgomery
45 recent sales in Montgomery
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Sign up to see sold dataAbout Montgomery
AI-generated summaryA mature, riverside community with a relaxed, unpretentious character blending long-time locals with newcomers drawn to its proximity to the Bow River and easy access to the mountains.
Borders the Bow River, offering direct access to extensive riverside pathways
Close proximity to the University of Calgary and Foothills Medical Centre
16th Avenue NW (Trans-Canada Highway) provides a quick westward escape to the Rockies
Housing
Predominantly post-war bungalows and infill developments, with a growing number of modern duplexes and semi-detached homes replacing older stock.
Transit
Served by several Calgary Transit bus routes with connections toward the University District and downtown, though a personal vehicle is useful for most errands.
Amenities
Home to a growing strip of independent restaurants and shops along 16th Avenue NW, with Shouldice Athletic Park and the Bow River pathway system nearby.
Who lives here
A mix of long-established families, young professionals, and university-affiliated residents who value outdoor access and a tight-knit community feel.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.







