pillar/IMG-A2272923_1.jpg
16 hours 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 market16 hours

Estimated valueNot available

Price/Sqft$1,005/sqft

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Description

MUST BE SOLD WITH 2208 26 Avenue SW | MLS #: A2273686 Prime Inner-City Redevelopment Lot in Marda Loop | Contiguous Site to R-CG / DP-Approved 16-Unit Project. A rare opportunity to secure a premium redevelopment lot in Marda Loop, directly contiguous to an R-CG zoned, DP-approved 16-unit assembly next door—approved for 8 upper units (each 3 bedrooms + 2.5 bathrooms) and 8 legal basement suites (each 1 bedroom + 1 bathroom). Together, these properties create one of the most compelling and scalable multi-family development offerings currently available in Calgary’s inner city. This parcel sits in one of Calgary’s most sought-after and highest-performing infill markets, surrounded by modern new builds, premium amenities, and exceptional long-term growth fundamentals. Offering generous frontage and depth, mature landscaping, and convenient rear-lane access, this lot is an outstanding candidate for future land assembly expansion, higher-density redevelopment, or holding income while executing long-term development plans. With consistent buyer and investor demand in Marda Loop for new townhomes, suite-enabled designs, and multi-unit housing, this site provides developers with multiple pathways to unlock significant value. Whether purchased individually or as part of the larger DP-approved 16-unit development, this parcel enhances project scale, construction efficiencies, and potential profitability—ideal for builders aiming to maximize density and optimize margins. Opportunities to secure side-by-side inner-city lots in core redevelopment corridors are extremely limited. Positioned minutes from downtown, major transit routes, top-rated schools, parks, boutique retail, and some of Calgary’s best restaurants and cafés, this is a blue-chip land hold with both immediate and future upside. Key Highlights: Directly contiguous to an R-CG zoned, DP-approved 16-unit project (Upper units: 3 bedrooms + 2.5 bathrooms & Legal suites: 1 bedroom + 1 bathroom, Ideal for higher-density redevelopment, land assembly expansion, or long-term investment, Located in Marda Loop—one of Calgary’s strongest and most active redevelopment districts, Rare opportunity to secure side-by-side redevelopment lots in a high-demand area, Strong future resale and absorption potential for multi-family or premium infill product, Rear-lane access, mature trees, and a generous building envelope, High-value land hold with rental income from the existing structure, Walkable to Marda Loop amenities with quick access to downtown, transit, parks & schools, A Strategic Addition to Calgary’s Most Valuable Development Opportunity This contiguous lot significantly enhances the scale, flexibility, and profitability of the R-CG / DP-approved 16-unit project next door—or stands alone as a prime redevelopment site in one of Calgary’s most desirable urban neighbourhoods. Secure this exceptional Marda Loop redevelopment parcel today and build on one of the city’s most proven growth corridors.


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
16 hours 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