Description
**MUST BE SOLD WITH 2645 21 ST SW MLS #: A2272923 | DP-Approved 16-Unit Land Assembly for Sale in Marda Loop | Premium Calgary Multi-Family Development Site Exceptional land assembly for sale in Marda Loop with a fully approved Development Permit (DP) for 16 units, an extremely rare opportunity in one of Calgary’s most desirable inner-city redevelopment corridors. This shovel-ready multi-family site is approved for 8 townhomes plus 8 legal basement suites, making it an ideal project for builders, developers, and real estate investors seeking high-demand product and strong ROI. Located in the heart of Marda Loop, one of Calgary’s most vibrant and fastest-growing urban communities, this redevelopment site sits along a well-connected street surrounded by new construction, infill projects, and premium amenities. The approved DP allows developers to fast-track construction, reduce carrying costs, and capitalize on strong end-user and investor demand for multi-unit housing in this top-tier market. The site features excellent frontage and depth, mature trees, and convenient rear-lane access, creating an ideal building envelope for a high-quality townhome development. Although zoned RC-2, the existing DP approval for 16 units adds tremendous value, unlocking higher density without the uncertainty of a rezoning process. With rental income from existing structures, significantly shortened development timelines, strong absorption rates, and proven resale values, this assembly stands out as one of the most compelling multi-family opportunities currently available in Calgary. Marda Loop’s walkability, proximity to downtown, major transit routes, schools, restaurants, and boutique retail further enhance its long-term desirability and profitability. DP-approved land assemblies of this scale are exceptionally rare in Marda Loop and Killarney, where demand for new housing consistently outpaces supply. Whether you are planning a luxury townhome project, a long-term investment strateg y, or a build-to-sell model, this site offers unmatched potential. Key Highlights: DP-approved for 16 units (8 townhomes + 8 legal basement suites) Sought-after Marda Loop location one of Calgary’s highest-performing redevelopment districts Shovel-ready project with dramatically reduced development timelines Ideal for builders, developers, and investors targeting multi-family infill Rear-lane access, large frontage, mature trees, and premium site characteristics High revenue potential through suite-enabled designs and strong end-sale values Holding income from existing structures while preparing for construction Minutes to downtown Calgary, transit, schools, parks, Marda Loop shopping & amenities Take Advantage of This Rare Calgary Multi-Family Development Opportunity Secure this 16-unit DP-approved land assembly in Marda Loop today and capitalize on one of Calgary’s strongest and most proven urban redevelopment markets. Opportunities of this caliber are limited and highly sought after. (id:58070)
Calgary
