2135, 2139, 2143 50 Avenue SW

About this home

150' x 138' LAND ASSEMBLY IN NORTH GLENMORE PARK | THREE ADJACENT PARCELS OFFERED TOGETHER | SUITED TO A 5-STOREY APARTMENT, SUBJECT TO CITY APPROVAL | FLAT SITE, CORNER INFLUENCE, SOUTH-FACING REAR | HOLDING INCOME FROM EXISTING HOMES | 8 MINUTES TO DOWNTOWN. Assembling this much land in North Glenmore Park is close to impossible; here it has already been done for you. Three adjacent properties, each approximately 50' x 139', are offered together to create a combined 150' x 138' footprint well-suited to a mid-rise purpose-built rental or condominium project, subject to city approval. The flat topography, corner influence and south-facing rear exposure support efficient building design, strong unit layouts and optimal natural light, the drivers of rental performance and long-term asset value. The existing homes provide holding income while entitlements proceed, but the primary value is the assembly itself and its capacity for higher-density redevelopment in a mature, high-demand inner-city location surrounded by quality infill. Surrounding amenities drive tenant demand: Central Memorial High School and Altadore School nearby; North Glenmore Park and the Glenmore Reservoir with pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails and picnic areas; plus Glenmore Athletic Park and the Glenmore Aquatic Centre. Downtown is approximately 8 minutes away via Crowchild Trail and Glenmore Trail. For developers and investors targeting a Calgary multifamily site with scale, configuration, exposure and location, this is a strategic acquisition for a long-term hold or build-to-sell project. (id:67720)

Home details

Property type

Single Family

Living area

3,925 sq. ft.

Building type

House

Style

Bungalow

Year built

1961

Storeys

1

Bedrooms above grade

8

Bedrooms below grade

1

Basement

Finished, Full, Separate entrance, Suite

Heating

Forced air

Cooling

None

Fireplaces

2

Flooring

Carpeted, Linoleum

Appliances included

See remarks

Parking spaces

6

Parking

Detached Garage, Other, Oversize

Exterior

Wood frame

Lot features

See remarks, Back lane, Level

Lot dimensions

1928.93

Zoning

R-C2

Title

Freehold

Lot size

1,928.93 square meters

Property taxes

$16,797 (2025)

MLS® number

A2302642

MLS® A2302642 · Listed by Real Broker · Information updated Oct 28, 8:32 p.m.

Location

Living in North Glenmore Park

See every home for sale in North Glenmore Park.