392141 50 Avenue Southwest
Offered at: $1,075,000
MLS®: A2291974
A rare multi-parcel redevelopment opportunity emerges in the highly desirable community of North Glenmore Park where three adjacent properties create an exceptional land assembly in one of Calgary’s most sought-after inner-city neighbourhoods. Offered together as a combined sale, these properties present a unique opportunity for builders, developers and investors seeking scale and long-term value in a location surrounded by established homes and high-quality infill development. Flat oversized 50’ x 139’ parcels create substantial redevelopment potential while sunny south-facing backyards maximize natural light across future designs. Corner positioning further enhances site flexibility and architectural possibilities for thoughtful new construction in a mature residential setting. Existing homes currently provide holding income potential while future plans are explored, however the true value lies in the combined land opportunity and the ability to secure multiple side-by-side lots in a neighbourhood where redevelopment demand continues to accelerate. This location strongly supports long-term investment fundamentals. Central Memorial High School and Altadore School are located just down the street, contributing to future resale appeal for newly built homes. North Glenmore Park sits within easy walking distance, offering extensive year-round recreation along the Glenmore Reservoir including the Calgary Canoe Club, Calgary Rowing Club, tennis courts, skating trails, cross-country skiing, picnic areas and scenic shoreline pathways. Recreation opportunities expand further with nearby Glenmore Athletic Park and the Glenmore Aquatic Centre providing athletic facilities, organized sports and community programming. Daily commuting remains highly convenient with downtown approximately 8 minutes away while major routes including Crowchild Trail and Glenmore Trail provide efficient access across the city. Oversized lot depth, south backyard exposure and the ability to acquire m ultiple adjacent properties combine to create a redevelopment opportunity rarely available in North Glenmore Park, positioning this land assembly as a compelling prospect for future infill development in a location defined by parks, recreation and enduring inner-city demand. (id:6769)
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1
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2
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873
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Multi-family Home Ownership:
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