For Sale: 2135, 2139-2143 50 Avenue SW, Calgary, AB - REW
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$3,450,000
8 + 1 bd • 5 ba • 3925 sf • House
2135, 2139-2143 50 Avenue SW
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$3,450,000
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2135, 2139, 2143 50 Avenue SWCalgary, AB, T2T 2W5

Altadore
  • 8 + 1 Bed
  • 5 Bath
  • 3925 Sqft
  • House

About this home

150' x 138' LAND ASSEMBLY IN NORTH GLENMORE PARK | THREE ADJACENT PARCELS OFFERED TOGETHER | SUITED TO A 5-STOREY APARTMENT, SUBJECT TO CITY APPROVAL | FLAT SITE, CORNER INFLUENCE, SOUTH-FACING REAR | HOLDING INCOME FROM EXISTING HOMES | 8 MINUTES TO DOWNTOWN. Assembling this much land in North Glenmore Park is close to impossible; here it has already been done for you. Three adjacent properties, each approximately 50' x 139', are offered together to create a combined 150' x 138' footprint well-suited to a mid-rise purpose-built rental or condominium project, subject to city approval. The flat topography, corner influence and south-facing rear exposure support efficient building design, strong unit layouts and optimal natural light, the drivers of rental performance and long-term asset value. The existing homes provide holding income while entitlements proceed, but the primary value is the assembly itself and its capacity for higher-density redevelopment in a mature, high-demand inner-city location surrounded by quality infill. Surrounding amenities drive tenant demand: Central Memorial High School and Altadore School nearby; North Glenmore Park and the Glenmore Reservoir with pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails and picnic areas; plus Glenmore Athletic Park and the Glenmore Aquatic Centre. Downtown is approximately 8 minutes away via Crowchild Trail and Glenmore Trail. For developers and investors targeting a Calgary multifamily site with scale, configuration, exposure and location, this is a strategic acquisition for a long-term hold or build-to-sell project. (id:63626)
Listed by: Justin Warthe, Associate, Real Broker

Home facts and features

Price details
List Price
$3,450,000
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Gross Taxes for 2025
$16,797
Home facts
Bedrooms
8 + 1
Full Bathrooms
5
Parking Spaces
6
Parking Details
Oversize, Detached Garage
Property Type
House
Lot Size
45 ft x 0 ft (1928 ft²)
Depth
Frontage
45.72 meters
Year Built
Built in 1961 (65 yrs old)
Title
Freehold
Style
Bungalow
Exterior Finish
Stucco, Wood siding, Wood frame
Heating Type
Forced Air
Basement Details
Finished, Full, Separate entrance, Suite
Features
Back lane, Level, Smoke Detectors
Appliances
See remarks
Community
Agent details
Primary Agent
Justin Warthe
Primary Broker
Real Broker
Secondary Agent
Secondary Broker
Real Broker
Listing details
Days on REW
199 Days
Property Views
44
MLS® Number
A2302642
Source
Canadian Real Estate Association
Board
Calgary Real Estate Board
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Property Insights

Central Memorial High School
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Alternative High School
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Chinook Learning Services
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Cbe - Learn
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Bishop Carroll High School
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Sainte Marguerite Bourgeoys School
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Master's College
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Master's Academy
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St. James Elementary Junior High School
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Altadore School
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Call Agent
Justin Warthe
Phone:
(403) 620-8746
Cell:
855-623-6900
Office:
855-623-6900
Michelle Fournier
Phone:
403-618-5883
Cell:
403.618.5883
Office:
855-623-6900
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