1812 17 Avenue NW Calgary AB T2N 0S2 MLS #A1133817

M-C1 development opportunity on inner city lots in Capitol Hill. Each premises is 6000 SF lot with 50 FT frontage and 120 FT depth (50×120).
5 Premisses for sale in this land assembly package, list price for each of the premises. – 1804, 1808, 1812, 1816, 1828 (50’x120′ each) To unlock further density, premises 1820 & 1828 Can be added to the purchase contract to assemble the full 7 premisses to achieve a full rectangular lot of 42,000 sq/f (350×120) and with the floor area ratio of 2.4, thus allowing you to build up to 100,800 sq/ft and up to 3-4 stories as per MC-1 Guidelines.
BONUS VALUE: Assisted-Living Buyers: DP approved for 83,000 sq/f +/- buildable, approved for 118 units +/-. There has been a Sanitary study done and can handle up to 150 units if the DP is revised (for assisted living).