$3,450,000
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431, 425, 423 2 Avenue Ne, Calgary, AB T2E0E7

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Exceptional opportunity to acquire a high-density development site strategically located just off Edmonton Trail at 423, 425 and 431 2 Avenue NE. Featuring 125 feet of frontage along 2 Avenue NE and street/laneway access on three sides, this prominent land assembly offers outstanding development flexibility. ZONED MU-1f5.0h26- the property permits a 5.0 FAR, offering approximately 75, 000 sq. ft. of potential gross floor area and a maximum building height of 26 metres (approx eight storeys), subject to municipal approvals. Ideal for a substantial multi-residential or mixed-use development. Located in Crescent Heights at the gateway to Bridgeland, within the Bridgeland Business Improvement Area (BIA), the property is steps from vibrant restaurants, cafs, shops and Edmonton Trail, with excellent proximity to downtown Calgary, public transit, the Bridgeland/Memorial LRT station and Bow River pathways. Significant pre-development work has been completed, including DP drawings prepared by the previous owner for a proposed 79-unit, six-storey residential building featuring one- and two-bedroom suites. Phase I Environmental Site Assessment and geotechnical reports have also been completed. At 431 2 Avenue NE, asbestos abatement and house demolition are complete, while 423 and 425 2 Avenue NE remain leased, providing interim rental income during development planning. A rare opportunity to secure a high-density, development-ready investment site with substantial planning work completed, existing rental income and exceptional inner-city connectivity in one of Calgary's most desirable emerging urban districts. (id:58753)

  • MLS® A2356038
  • Date Listed11/02/2026
  • Days on Realty 3 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 15,000 sq. ft
  • Subdivision Crescent Heights

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 15,000.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T2E0E7

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

Walkability in AB / T2E0E7

Source: Walk Score

63/100

Somewhat Walkable

Walk Score ®

53/100

Good Transit

Transit Score ®

74/100

Very Bikeable

Bike Score ®

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 53/100, Bike Score: 74/100.

Points of Interest near 431, 425, 423 2 Avenue NE, Calgary, AB T2E0E7

Frequently Asked Questions for 431, 425, 423 2 Avenue NE

Source: Realty.com

431, 425, 423 2 Avenue NE, Calgary, AB T2E0E7 in Crescent Heights, Calgary, AB T2E0E7 is a land listed at $3,450,000. Realty.ca has 1 photos, sales history, school insights, and mortgage tools for this listing.

The full address for this home is 431, 425, 423 2 Avenue NE, Calgary, AB T2E0E7.

431, 425, 423 2 Avenue NE has been listed on Realty.com since Mon November 02, 2026

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 53/100, Bike Score: 74/100.

This content last refreshed on 2026-11-05 14:54:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.