Strategic Development Opportunity – Crescent Heights
An exceptional chance to acquire a premium inner-city redevelopment site in the heart of Crescent Heights — one of Calgary’s most vibrant and rapidly evolving communities. This offering includes two titled properties — 1506 & 1510 1 Street NW — to be sold together as one consolidated parcel.
Zoned M-C1 / RM-4 – suitable for multi-family or medium-density residential
Combined lot size: approx. 87.5 ft x 112.5 ft (TBV) – 4 city lots (Lots 9–12)
Cleared and shovel-ready – old structures professionally removed
Priced at 2024 City of Calgary assessed value – $1,179,800 (for both titles)
High-demand location with excellent access to downtown, transit, shops, and restaurants
Strong walkability, urban amenities, and long-term growth fundamentals
This is a rare development-ready site in a mature, high-growth neighborhood — ideal for builders and developers looking to capitalize on Calgary’s expanding inner-city market.
Data was last updated October 3, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$1,250,000
Min list price:
$399,000
Max list price:
$22,200,000
Avg days on market:
113
Min days on market:
6
Max days on market:
2,985
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.