Exceptional teardown and redevelopment opportunity in the heart of Marda Loop. This MC-1 zoned 50 x 125 ft lot is being offered primarily for land value, providing outstanding potential for builders and developers in one of Calgary’s most active inner-city redevelopment areas. The existing structure includes a two-level duplex with a legal walkout suite and a two-car garage, offering short-term holding income while development plans are finalized. However, the highest and best use of this property is as a complete redevelopment site. Strong flexibility for future build options including up to 8-unit multi-family development (4 primary + 4 secondary suites), luxury infill duplexes, or a multi-unit townhouse-style project, depending on design and density strategy. The site supports efficient parking solutions and modern urban design concepts, making it well-suited for maximizing buildable value. Surrounded by ongoing redevelopment and new infill construction, this is a prime opportunity for investors seeking a high-yield project in a rapidly evolving inner-city corridor. Ideal for builders looking to capitalize on strong demand for modern, higher-density housing in Marda Loop.
Data was last updated May 31, 2026 at 05:30 AM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$594,450
Min list price:
$174,900
Max list price:
$1,899,000
Avg days on market:
49
Min days on market:
2
Max days on market:
171
Avg price per sq.ft.:
$495.99
These statistics are generated based on the current listing's property type
and located in
South 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™.
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