116 Railway Av SW
Airdrie, AB T4B 3E2
Land For Sale · 2.87 AC

This high-exposure parcel located at 116 Railway Avenue SW offers a unique development-ready opportunity in the rapidly growing city of Airdrie, Alberta. The site is approved for a 78-unit multifamily apartment building, making it an attractive proposition for residential developers and investors seeking to capitalize on surging demand in one of Alberta’s most dynamic communities.
Positioned within Airdrie’s downtown core, the property benefits from exceptional accessibility and proximity to key amenities, shopping, and services. The area is experiencing significant residential expansion, supported by strong population growth and robust demand for multifamily housing. With M3 Downtown Core Mixed Use District zoning in place, the site is ideally suited for a high-density residential development complemented by mixed-use elements.
Located less than 30 minutes from Calgary, the property provides excellent connectivity along major corridors, including Highway 2 (QEII), enabling convenient access to employment hubs, local retail, and regional transit routes. The community’s infrastructure and future-focused development plans further enhance the site’s long-term investment appeal. Priced at $3,500,000, this offering represents a rare opportunity to develop a multifamily asset within a thriving urban district poised for continued growth.