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500 7th Street NW High River - Land and Parkade at Highwood Springs Estates 1.12 Acres of Residential Land Offered at $1,245,294 USD in High River, AB T1V 1T6

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Investment Highlights

  • Flexible TND zoning supporting multiple residential forms.
  • Walkable northwest High River location bounded by 7 Street NW and the Highwood Golf and Country Club.
  • Existing partially built 21 stall underground parkade and previously approved 60 unit, four story multifamily.
  • Strong local demographics, including a population of around 15,606 and average household income of approximately 104,052 dollars.

Executive Summary

Highwood Springs Estates offers a rare opportunity to acquire two contiguous, serviced development parcels totaling approximately 3.27 net developable acres in a walkable northwest High River location near the Highwood Golf and Country Club and scenic pond front green space. With flexible TND zoning and a previously approved 60 unit multifamily concept anchored by an existing partially built underground parkade, the sites provide a head start for developers pursuing purpose built rental, condominium, or seniors independent living product. Strong community demographics, including average household income of more than 100,000 dollars and easy access to Highway 2A, Okotoks, and Calgary, support a compelling long term growth story and multiple exit strategies.

Property Facts

Price $1,245,294 USD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 1.12 AC
Zoning TND - Traditional Neighbourhood District

1 Lot Available

Lot

Price $1,245,294 USD
Price Per AC $1,111,869.25 USD
Lot Size 1.12 AC

Land and partially built U/G parkade. Great for purpose-built rental, condominiums, or seniors’ independent living. Existing partially built 21-stall underground parkade. Opportunity to add surface parking.

Description

Located at 500 7th Street NW in the Lineham Acres neighborhood, the offering consists of a 2.15 acre land parcel and a 1.12 acre parcel improved with a partially built 21 stall underground parkade, together forming the next phase of Highwood Springs Estates. The sites sit within a modern residential area that includes the Highwood Golf and Country Club and generous green space, while remaining only a 10 minute walk from Downtown High River's shops, services, and amenities. The community of High River has a population of approximately 15,600 residents, a significant proportion of prime working age households, and average household income of roughly 104,000 dollars, all within driving distance of Okotoks, Calgary's downtown, and Calgary International Airport.

  • Listing ID: 39268783

  • Date on Market: 1/30/2026

  • Last Updated:

  • Address: 500 7th Street NW High River, High River, AB T1V 1T6

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