For Sale

4220, Centre Street NE, Alberta, Calgary

Beds Bath Sqft

$1,095,000

About Property

Exceptional MU-1 Development Opportunity – DP Approved & Ready to Build! Prime inner-city CORNER LOT offering MU-1 zoning—allowing for mixed-use development with commercial at grade and up to 6 storeys (5 residential above). Positioned on a high-exposure intersection with strong street visibility, this is a rare opportunity for builders and investors to step into a fully entitled development with no delays, demolition, or uncertainty remaining. The offering includes a fully approved Development Permit for a thoughtfully designed project featuring a 4-plex with 8 residential units plus 2 commercial spaces, along with a 4-stall carport providing convenient parking solutions. All architectural drawings, DSSP documents, and supporting planning materials are included, significantly reducing soft costs and accelerating the development timeline. Site preparation is fully complete, including demolition, asbestos remediation, and utility removals—allowing for immediate transition to excavation and construction. This is a true ready-to-build opportunity with substantial value already invested into approvals and pre-development work. Located in a rapidly evolving inner-city area, the site benefits from strong redevelopment momentum, surrounding investment activity, and long-term growth fundamentals. The MU-1 zoning provides exceptional flexibility for mixed-use design, making this an ideal opportunity for both experienced developers and long-term investors seeking scalable returns. This offering includes the land, fully approved plans, permits, and all completed pre-construction work—delivering a streamlined, near turn-key development opportunity in a high-demand location. A rare chance to acquire a fully prepared project and bring it to completion.

Bedrooms
Bathrooms
sq ft
Garage
SingleFamilyResidence
Built
Active
Floor
Interior Details
Outdoor Details
MLS Number
240914108
Price
$1,095,000

Bedrooms
Bathroom

Square Footage
sq ft
Property Type
LND

Community Name
Features
,

Parking Space Total
Lot Size
Bathroom Total
0
Bedrooms Total

Appliances
Cooling Type

Constructed Date
Heating Type

Pool
Exterior Finish

Fireplace Present
No
Fireplace Total

Flooring Type
Foundation Type

Half Bath Total
Stories Total

Size Interior
Total Finished Area
Spaces

Details
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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