For Sale: 2135, 2139, 2143 50 Avenue SW, Calgary, AB - REW
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$3,450,000
9 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 Sw 50th AvenueCalgary, AB, T2T 2W5

Altadore
  • 9 Bed
  • 5 Bath
  • 3925 Sqft
  • House

About this home

North Glenmore Park Land Assembly for Sale | 150’ x 138’ Apartment/ Multi Family Development Opportunity in Calgary A rare 150’ x 138’ land assembly in North Glenmore Park, Calgary presents a premier multi-parcel redevelopment opportunity ideally suited for a 5-storey apartment building, subject to city approval. Comprised of three adjacent properties offered together, this site creates a scalable, high-impact development opportunity in one of Calgary’s most desirable inner-city communities. Located in the highly sought-after North Glenmore Park neighbourhood, each parcel measures approximately 50’ x 139’, forming a combined footprint well-suited for mid-rise multifamily development. The flat site topography, corner influence, and south-facing rear exposure support efficient building design, strong unit layouts, and optimal natural light — key drivers for rental performance and long-term asset value. From a developer’s perspective, the configuration and location strongly support a 5-storey purpose-built rental or condominium project, aligning with ongoing demand for inner-city multifamily housing in Calgary. Opportunities to assemble this scale of land in North Glenmore Park are extremely limited, making this a strategic acquisition for developers targeting long-term hold assets or build-to-sell projects. While the existing homes provide holding income potential, the primary value is in the land assembly and its ability to accommodate higher-density redevelopment in a mature, high-demand location surrounded by quality infill and established residential homes. This North Glenmore Park development site benefits from exceptional surrounding amenities that enhance both livability and tenant demand. Central Memorial High School and Altadore School are located nearby, while North Glenmore Park and the Glenmore Reservoir offer year-round recreation including pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails, and picnic areas. Additional nearby amenities include Glenmore Athletic Park and the Glenmore Aquatic Centre, providing strong community infrastructure that supports long-term rental demand. The property is located approximately 8 minutes from downtown Calgary, with direct access via Crowchild Trail and Glenmore Trail, ensuring excellent connectivity for future residents. For developers and investors seeking a Calgary land assembly for a 5-storey apartment building, this offering stands out due to its size, configuration, location, and redevelopment potential. The combination of oversized lots, south-facing exposure, corner positioning, and inner-city proximity creates a rare opportunity to deliver a high-quality multifamily project in one of Calgary’s most established and desirable neighbourhoods.
Listed by: Justin Warthe, Real Broker

Home facts and features

Price details
List Price
$3,450,000
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Home facts
Bedrooms
9
Full Bathrooms
5
Parking Spaces
6
Property Type
House
Lot Size
20763 ft²
Frontage
150.01 sqft
Year Built
Built in 1961 (65 yrs old)
Style
Bungalow
Exterior Finish
Stucco, Wood Frame, Wood Siding
Heating Type
Forced Air
Basement Details
Full
Features
In Basement, Park, Patio, Playground, Schools Nearby, See Remarks, Separate Entrance, Shopping Nearby, Walking/bike Paths
Community
Agent details
Primary Agent
Primary Broker
Real Broker
Secondary Agent
Secondary Broker
Real Broker
Listing details
Days on REW
188 Days
Property Views
43
MLS® Number
A2302642
Source
Pillar 9
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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