$800,000
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1311 1 Street Ne, Calgary, AB T2E3B6

- Beds
0 Baths
990 Sq Ft

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)

  • MLS® A2288649
  • Date Listed02/26/2026
  • Days on Realty 149 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 5,942 sq. ft
  • Subdivision Crescent Heights
  • Year Built 1912
  • Square Feet 990 sq. ft
  • Price Per Sq. Ft $808.08

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 5,941.68
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T2E3B6

Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.

Walkability in AB / T2E3B6

Source: Walk Score

93/100

Walker's Paradise

Walk Score ®

59/100

Good Transit

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.


Transit Summary

23 nearby routes: 23 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 64/100, Transit Score: 53/100, Bike Score: 76/100.

Points of Interest near 1311 1 Street NE, Calgary, AB T2E3B6

Frequently Asked Questions for 1311 1 Street NE

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.