2135, 2139, 2143 50 Avenue SWCalgary, AB T2T 2W5
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Enter an interest rate to see your estimated monthly payment.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.
| 3 months ago | Status changed to Active | |
| 3 months ago | Listing updated with changes from the MLS® | |
| 6 months ago | Price changed to $3,450,000 | |
| 6 months ago | Listing first seen on site |
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Last checked 2026-10-28 04:27 AM UTC