Exceptional teardown and redevelopment opportunity in the heart of Marda Loop. This MC-1 zoned 50 x 125 ft lot is being offered primarily for land value, providing outstanding potential for builders and developers in one of Calgary’s most active inner-city redevelopment areas. The existing structure includes a two-level duplex with a legal walkout suite and a two-car garage, offering short-term holding income while development plans are finalized. However, the highest and best use of this property is as a complete redevelopment site. Strong flexibility for future build options including up to 8-unit multi-family development (4 primary + 4 secondary suites), luxury infill duplexes, or a multi-unit townhouse-style project, depending on design and density strategy. The site supports efficient parking solutions and modern urban design concepts, making it well-suited for maximizing buildable value. Surrounded by ongoing redevelopment and new infill construction, this is a prime opportunity for investors seeking a high-yield project in a rapidly evolving inner-city corridor. Ideal for builders looking to capitalize on strong demand for modern, higher-density housing in Marda Loop.
Address
1816 28 Avenue SW
List Price
$999,999
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
South Calgary
Bedrooms
5
Bathrooms
2
Floor Area
1,165 Sq. Ft.
Lot Size
6243 Sq. Ft.
Year Built
1954
MLS® Number
A2286723
Listing Brokerage
Coldwell Banker Mountain Central
Basement Area
Full
Postal Code
T2T 1J8
Zoning
M-C1
Site Influences
Back Lane, Back Yard, City Lot, Lawn, Low Maintenance Landscape, Schools Nearby, Shopping Nearby, See Remarks, Sidewalks
