pillar/IMG-A2273686_1.jpg
16 hours on Market

2208 26 Ave, Calgary, Alberta T2T 1E8

Detached
3
1
~992.00 sqft
$997,500
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Detached
3
1
~992.00 sqft

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Highlights

Property Estimate

Days on market16 hours

Estimated valueNot available

Price/Sqft$1,005/sqft

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Description

** MUST BE SOLD WITH 2645 21 ST SW | MLS #: A2272923 | DP-Approved 16-Unit Land Assembly in Marda Loop | Premium Calgary Multi-Family Development Site. Exceptional land assembly for sale in Marda Loop with a fully approved Development Permit (DP) for 16 units, offering an extremely rare opportunity in one of Calgary’s most desirable inner-city redevelopment corridors. This shovel-ready multi-family site is approved for 8 three-bedroom, 2.5-bath townhomes plus 8 one-bedroom, 1-bath legal basement suites, delivering an ideal mix for strong end-user demand and investment performance. Now zoned R-CG, the site benefits from a DP that allows developers to fast-track construction, eliminate entitlement uncertainty, reduce carrying costs, and bring highly marketable multi-unit housing to one of Calgary’s top-performing urban markets. Located in the heart of Marda Loop—one of Calgary’s most vibrant and fast-growing communities—the property sits along a well-connected residential street surrounded by new construction, premium infills, and popular amenities. The site features excellent frontage and depth, mature trees, and convenient rear-lane access, creating an exceptional building envelope for a high-quality townhome development. With strong absorption rates, proven resale values, and the ability to collect holding income from the existing structures, this assembly offers compelling upside for builders, developers, and long-term investors. DP-approved multi-family opportunities of this scale are exceedingly rare in both Marda Loop and neighbouring Killarney, where demand continues to outpace supply. Key Highlights:: R-CG zoning with a DP-approved 16-unit development, Approved for 8 upper units (3 bed + 2.5 bath) and 8 legal suites (1 bed + 1 bath), Prime Marda Loop location—one of Calgary’s highest-performing redevelopment districts, Truly shovel-ready with dramatically reduced development timelines, Ideal for builders, developers, and investors targeting multi-family infill, Large frontage, mature trees, and rear-lane access for optimal site planning, High revenue potential through suite-enabled designs and strong end-sale values, Existing homes generate holding income while preparing for construction, Minutes to downtown, transit, schools, parks, restaurants, and boutique retail, Take Advantage of This Rare Calgary Multi-Family Development Opportunity, Secure this 16-unit DP-approved land assembly in Marda Loop today and capitalize on one of Calgary’s strongest and most proven urban redevelopment markets. Opportunities of this caliber are limited—and highly sought after.


Property Details

StyleBungalow
View-
Age of property1950
SqFt~992.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2273686
Community NameRichmond
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air
Basement: Full,Finished,None

Main Floor

Kitchen

12`8" x 13`7"

Living Room

15`8" x 13`2"

Bedroom - Primary

11`7" x 11`2"

Bedroom

11`7" x 8`10"


Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Dec 3, 2025
ListedActive
$997,500
16 hours on market
history photo preview15
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