pillar/IMG-A2292790_1.jpg
2 days on Market

1123 8 St, Calgary, Alberta T2g 2z6

Detached
1
1
~950.00 sqft
$699,000
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Detached
1
1
~950.00 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$735/sqft

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Description

EXCEPTIONAL opportunity to acquire a well-located development site in Calgary’s evolving inner-city community of Ramsay. Located at 1123 8 Street SE, this 33’ x 148.5’ parcel (66’ x 148.5’ when assembled with 1125) features newly approved H-GO (Housing – Grade-Oriented) zoning. A City-supported conceptual design illustrates the potential for a 28-unit multi-family development, aligning with Calgary’s inner-city densification strategy. City planning discussions have already taken place and have been supportive of redevelopment concepts, with development approval drawings able to be prepared quickly for submission. For additional context, a nearby land assembly of approximately 35,000 sq. ft. recently received approval for only 20 units, highlighting the strong potential density achievable on this nearly 10,000 sq. ft. site. The property benefits from dual street access from 8 Street SE and Maggie Street, allowing flexible site planning and efficient circulation. Conceptual plans respect the neighborhood’s historic character while introducing modern, attainable inner-city housing. Multiple acquisition options may be available for builders and developers: • Purchase 1123 and 1125 together as a land assembly (66’ x 148.5’) • Purchase 1123 or 1125 individually • Purchase the Maggie Street SE frontage portion of 1125, currently the backyard, which may potentially be subdivided into a 33’ x 72.25’ development lot offered at $360,000. The existing home does not encroach on this proposed lot, allowing flexibility for future development. Ideally situated steps from Red’s Diner and within walking distance to Stampede Park, the BMO Centre, Calgary’s Culture and Entertainment District, and the future SAM Centre, as well as the vibrant shops and restaurants of Inglewood. Ramsay continues to benefit from significant public and private reinvestment, making this one of Calgary’s most attractive inner-city redevelopment locations. Conceptual planning materials available to qualified buyers upon request. Come have a look today and make an offer.


Property Details

StyleBungalow
View-
Age of property1908
SqFt~950.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2292790
Community NameRamsay
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Other

Main Floor

Bedroom

32`10" x 26`3"

4pc Bathroom

13`1" x 19`8"


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Mar 10, 2026
ListedActive
$699,000
2 days on market
history photo preview10
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
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Market Data - Ramsay

Geo Zone Map ThumbnailRamsay

Buyer'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

28 days

Compared to

2025

5 days

2024

48 days

2023

22 days

New Listings

Past 30 days

2 listings

Compared to

2025

5 listings

2024

2 listings

2023

4 listings

Units sold

Past 30 days

1 unit

Compared to

2025

2 units

2024

3 units

2023

4 units

Median Sold Price

Past 30 days

$790,000

Compared to

2025

$654,500

2024

$535,000

2023

$792,500


Population and Demographics

Overview

Total population 1107
Average household income $172,543

Age (%)

0 to 19
18%
20 to 34
27%
35 to 49
26%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
French
2%
Spanish
2%
Polish
2%

House tenancy (%)

Owners
50%
Renters
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget