Property Details for MLS® # A2095775
2620 Centre Street, Calgary
Commercial Land for Sale
- MLS®#: A2095775
- Price: $2,650,000
- Status: Active
This exceptional 1/4-acre plot of land offers an unparalleled investment opportunity in the booming Calgary real estate market. Just 7 minutes from downtown Calgary, this prime piece of land is strategically situated to provide easy access to the city's vibrant core. The property's proximity to key amenities and entertainment hubs makes it an ideal location for those seeking a dynamic urban lifestyle. Spanning just over 11,000 SQ FT, this expansive lot has already received development permit approval (DP2017-4750 - Conditional) for the construction of up to a 26m tall building with an FAR of 3.7. This gives you just over 40,000 SQ FT of building to work with and the permit allows for 40+ residential units with commercial on the ground floor (final approvals required for specific plans). The approved plans are available for the buyer and open the door for a lucrative investment, allowing you to capitalize on the demand for modern living spaces in this sought-after area. The property is strategically positioned just 2 blocks away from the future Green Line LRT station, ensuring seamless connectivity for residents and potential tenants. This proximity enhances the property's appeal, making it even more attractive for those looking to benefit from Calgary's evolving public transportation infrastructure. Calgary's real estate market is thriving, and this property offers a unique opportunity to capitalize on the growing demand for well-designed, centrally located residences. Average rents in the city continue to trend upwards quickly and Calgary ranks 4th highest in rents for Canada. With the approved plans in place and strategic connectivity, this investment promises both immediate and long-term returns. Don't miss out on this incredible opportunity to add a new multi-family building to your portfolio! Contact us today for more information.
Contact Dan Salloum About MLS® A2095775
![](https://agent-portraits.s3.amazonaws.com/0002/1118/real-estate-agent.png)
Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4
property information
- Property Type: Commercial Land
- MLS®#: A2095775
- Lot Shape: Back Lane,Cleared,Corner Lot
Community Information
- Address: 2620 Centre Street
- Neighbourhood: Tuxedo Park
- City: Calgary
- Postal Code: T2E 2V4
interior
- Included: N/A
- Fireplace Details: For Sale
exterior
- Exterior Features: Back Lane, Cleared, Corner Lot
Registration Benefits
By Creating an Account You'll Access:
- More Calgary Listings Browse through every listing in the MLS® System and do as many different searches as you like!
- Days on Market & Financial Info See protected details including Days on Market, Taxes, Condo Fees, Possession Dates, and more!
- Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
- Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
REAL BROKER