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7820 24 St
Calgary, AB T2C 0Y9
Land For Sale · 0.75 AC

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INVESTMENT HIGHLIGHTS

  • Located in the established Ogden community.
  • Adjacent to the future Ogden Station on the Green Line LRT.
  • This property offers easy access to the Bow River, the Ogden Business Improvement Area, and a variety of parks and recreational trails.

EXECUTIVE SUMMARY

Desirable development parcel suitable for a sixstorey wood-frame building or a potential stacked townhome project. Zoned M-H1 allowing for multi-residential development in a variety of forms, including apartment buildings and townhouses, with a focus on higher density while maintaining a low-rise form.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.75 AC
Zoning M-H1 - Multi-Residential – High Density Low Rise

1 LOT AVAILABLE

Lot

Price $2,927,591 USD
Price Per AC $3,903,454.70 USD
Lot Size 0.75 AC

32,670 sq.ft. / 0.75 Ac. Maximum Density 4.0 FAR | 130,680 buildable sq.ft. Maximum Height 26 mt. (85 ft.)

DESCRIPTION

Located in the established Ogden community, 7820 24th Street SE is situated in a strategic location at 7820 24th Street SE, offering significant investment potential. Ogden features a balanced demographic profile and moderate household income, and is well serviced by amenities such as schools, parks, and retail centers. Major traffic corridors like Glenmore Trail SE and the future Ogden and South Hill LRT stations enhance its appeal for transit-oriented development, aligning with Calgary’s goals for increased density and reduced car reliance. The area shows robust growth potential, underpinned by ongoing infrastructure investments like the Green Line LRT and supportive city development policies. 7820 24th Street SE is well-positioned to attract residents and businesses, ensuring robust returns on investment and enhancing Ogden’s overall appeal and functionality as a community hub.

  • Listing ID: 32768873

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 7820 24 St, Calgary, AB T2C 0Y9

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