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912 16 Ave - Cambridge Tower - Multi-Family Dev Land 0.37 Acres of Residential Land Offered at $1,791,858 USD in Calgary, AB T2M 0K3

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INVESTMENT HIGHLIGHTS

  • Central Location – Quick access to downtown, SAIT, and transit.
  • Live/Work Convenience – Mixed-use design with retail at your doorstep.
  • Stylish Living – Modern units with panoramic city views.

EXECUTIVE SUMMARY

PRICE REDUCED! Two Multi-Residential sites for sale - 836 16 Avenue NW (Oxford Tower), and 912 16 Avenue NW (Cambridge Tower). Contemplated Build Form - Modest 6-storey with 1 level parking. Located in the highly desirable inner-city community of Mount Pleasant, just minutes to downtown Calgary, surrounded by various retail & entertainment amenities, parks and recreational facilities. Within walking distance to the Southern Institute of Technology (SAIT), Southern Alberta Jubilee auditorium and Alberta University of Arts. Near Confederation Park, bike paths, schools, and local retail. Transit-accessible via multiple bus routes and the SAIT CTrain Station. Part of an area that continues to attract demand from students, professionals, and urban renters seeking modern living near key employment and education hubs.

PROPERTY FACTS

Price $1,791,858 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 0.37 AC
Zoning MU-2f7.0h44 - MU-2f7.0h44 Mixed Use - Active Frontage

1 LOT AVAILABLE

Lot 27

Price $1,791,858 USD
Price Per AC $4,842,858.86 USD
Lot Size 0.37 AC

912 16 Avenue NW is the site of the approved development for Cambridge Tower. Mixed-Use (active frontage) zoning. Plan:1513006; Block:5; Lot:27.

DESCRIPTION

Vacant land zoned for multi-storey mixed-use with an approved development permit in place for Cambridge Tower.

Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37262137

  • Date on Market: 8/13/2025

  • Last Updated:

  • Address: 912 16 Ave, Calgary, AB T2M 0K3

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