pillar/IMG-A2272923_1.jpg
14 days on Market

2645 21 St, Calgary, Alberta T2T 5A9

Detached
2
1
~992.00 sqft
$997,500
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Detached
2
1
~992.00 sqft

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Highlights

Property Estimate

Days on market14 days

Estimated valueNot available

Price/Sqft$1,005/sqft

Monthly cost

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Description

MUST BE SOLD WITH 2208 26 Avenue SW | MLS A2273686 Prime Marda Loop Redevelopment Opportunity | Inner-City Multi-Family Land for Sale in Calgary. This is an exceptional inner-city redevelopment lot in Marda Loop, directly contiguous to an R-CG zoned, DP-approved 16-unit multi-family project. The approved development includes 8 upper units (3 bedrooms + 2.5 bathrooms) and 8 legal 1-bedroom basement suites, offering one of the most strategic and scalable multi-family development opportunities in Calgary. A secondary suite would be subject to approval and permitting by the city/municipality. Together with the adjacent DP-approved assembly, this property forms one of Calgary’s strongest investment opportunities for builders and developers seeking high-demand, high-absorption product in a top-performing neighbourhood. Located in one of Calgary’s most desirable infill redevelopment districts, this lot offers generous frontage, mature trees, rear-lane access, and excellent future flexibility. Demand in Marda Loop for new townhomes, suite-enabled designs (verify with the City), and multi-unit housing remains exceptionally strong, making this site ideal for developers aiming to achieve density, efficiency, and significant long-term value. The existing structure also provides holding income, allowing developers to plan and stage future construction efficiently. Situated minutes from downtown Calgary, top-rated schools, parks, transit, and all of Marda Loop’s premium amenities, this property delivers unmatched convenience and long-term growth fundamentals. Opportunities to secure side-by-side redevelopment lots in a high-growth inner-city corridor are extremely limited, making this a rare and strategic acquisition for builders and investors.


Property Details

StyleBungalow
View-
Age of property1950
SqFt~992.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2272923
Community NameRichmond
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air
Basement: Full,Unfinished,None

Main Floor

Kitchen

13`10" x 12`11"

Dining Room

11`11" x 9`0"

Living Room

15`10" x 13`3"

Bedroom - Primary

11`6" x 11`2"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Dec 3, 2025
ListedActive
$997,500
14 days on market
history photo preview27
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Richmond

Geo Zone Map ThumbnailRichmond

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

87 days

Compared to

2024

27 days

2023

27 days

2022

23 days

New Listings

Past 30 days

3 listings

Compared to

2024

5 listings

2023

9 listings

2022

3 listings

Units sold

Past 30 days

5 units

Compared to

2024

4 units

2023

5 units

2022

2 units

Median Sold Price

Past 30 days

$839,000

Compared to

2024

$990,000

2023

$1,074,000

2022

$691,250


Population and Demographics

Overview

Total population 6102
Average household income $208,127

Age (%)

0 to 19
19%
20 to 34
27%
35 to 49
26%
50 to 64
17%
65 and plus
11%

Household composition (%)

Single family
56%
Single person
37%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
87%
Others
6%
Spanish
2%
French
2%

House tenancy (%)

Owners
59%
Renters
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget