Property Description

RARE MU-1 CORNER SITE — 50x120 FT ON MONTGOMERY'S RISING MAIN STREET. Shovel-worthy redevelopment opportunity in one of Calgary's most active inner-city growth corridors. This high-exposure corner parcel carries MU-1 f3.0 h16 zoning — 3.0 FAR, 16m height — allowing 18,000+ sq ft of buildable area (subject to design and city approval). With a 176-unit condo development already underway directly across the street, the density, foot traffic, and momentum are arriving now.THE CORNER ADVANTAGE: Dual street frontage unlocks superior architecture — activate both facades with retail bays, a signature multifamily entrance, or street-oriented townhomes. Corner exposure means natural light on two sides, efficient site access, and lasting visual prominence — a combination increasingly rare in inner-city Calgary.FLEXIBLE MU-1 ZONING: Build mid-rise residential (12–18 units), mixed-use with retail at grade, live/work units, or boutique office/medical — a format aligned with Calgary's Municipal Development Plan and adaptable to changing market demand.A NEIGHBOURHOOD MAIN STREET ON THE RISE: Designated in Calgary's MDP for public investment and infrastructure improvement, surrounded by shops, parks, schools, transit, and the Bow River Pathway. Strong absorption in adjacent developments confirms built-in demand from professionals, families, and downsizers seeking urban living outside the core. Location, zoning, exposure, and timing — this corner checks every box for your next infill project. (id:7434)