126 m
Distance
Prime inner-city redevelopment opportunity in Crescent Heights.Positioned on a just under 60 x 100 lot and zoned M-CGd72 (Multi-Residential Contextual Ground Oriented), this property offers exceptional potential for townhomes or a four-plex style development (City of Calgary confirmation required) in one of Calgarys most sought-after infill communities.M-CG is specifically designed to support ground-oriented multi-residential projects that align with the character of established neighbourhoods making this an ideal site for builders looking to deliver high-demand product in a proven location.Currently situated on the lot are two connected homes plus a detached garage. A couple of existing tenants provide income to help offset holding costs while development plans are finalized. Total of 5 units 9 bedrooms provide ton of opportunity. Whether you choose to hold short-term or move quickly toward redevelopment, the flexibility is there.The location speaks for itself. Just off 16th Avenue and Centre Street NE, this site offers quick access to downtown, major transit corridors, restaurants, retail, and amenities. Crescent Heights continues to see strong buyer demand driven by walkability, skyline proximity, and ongoing area revitalization.This is the type of parcel that rarely becomes available multi-residential zoning already in place, eliminating much of the uncertainty developers often face.For experienced infill builders/multi-family this represents a strategic acquisition: Established inner-city neighbourhood Multi-residential zoning in place Revenue-generating holding property Strong resale demand for ground-oriented productOpportunities like this are becoming increasingly scarce in Crescent Heights.Secure the land. Design the vision. Build what the market wants. (id:58753)
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 651 Macewan Drive NW | 3 | 3 | Jul 03, 2026 | $589,000 |
| 380 Watercrest Place | 5 | 5 | Jul 15, 2026 | $1,190,000 |
| 1049 Waterstone Green | 5 | 5 | Jul 18, 2026 | $1,170,000 |
Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.
93/100
Walker's Paradise
Walk Score ®
59/100
Good Transit
Transit Score ®
98/100
Biker's Paradise
Bike Score ®
Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.
23 nearby routes: 23 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 64/100, Transit Score: 53/100, Bike Score: 76/100.
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Source: Realty.com
1311 1 Street NE, Calgary, AB T2E3B6 in Crescent Heights, Calgary, AB T2E3B6 is a multi family listed at $800,000. Highlights include 990 sq. ft., built in 1912, $808 per sq. ft.. Realty.ca has 10 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 10 photos of 1311 1 Street NE.
Our records indicate that 1311 1 Street NE was built in 1912.
The full address for this home is 1311 1 Street NE, Calgary, AB T2E3B6.
1311 1 Street NE has been listed on Realty.com since Thu February 26, 2026
Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 64/100, Transit Score: 53/100, Bike Score: 76/100.
Listing provided courtesy of:
Real Broker
Listing agent:
Harold Spicer
This content last refreshed on 2026-07-25 09:30:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.