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Investor Alert! An incredible development opportunity in the highly desirable Ramsay community! 1123 & 1125 8th St. SE, Calgary, AB are being sold together and have already been zoned H-GO, allowing for the development of up to 24 above-grade and 6 below-grade units (with appropriate parking). Potential for rental income! Together, these properties offer a total lot size of approximately 9,800 sq. ft. (each lot measuring 33' x 148'). Both properties have rear lane access from Maggie St., providing additional development flexibility. The existing homes on both properties are beyond their useful life and are uninhabitable, making this an ideal teardown and redevelopment project. Located in the heart of Ramsay, this site is steps away from downtown Calgary, Inglewood, and the city's upcoming premier sports and entertainment venue, Scotia Place. It’s also just 400 metres from the future Ramsay/Inglewood Green Line Station, adding even more value to this prime investment. Don’t miss this rare opportunity to secure a high-density rental development site in one of Calgary’s most sought-after neighborhoods! First photo is a example of a rendering drawing.
Data was last updated March 24, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$1,203,652
Min list price:
$425,000
Max list price:
$23,000,000
Avg days on market:
72
Min days on market:
2
Max days on market:
2,792
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
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.