Exceptional development opportunity in the heart of Lower Mount Royal. This rare M-C2–zoned offering sits on a large, level L-shaped lot with approximately 39'5" of frontage along 7 Street SW, wrapping around the neighbouring property to provide an additional 24' of width along the side alley—an ideal configuration for design versatility and multiple building options. Land only; the previous structure has been removed, creating a true blank canvas for a custom luxury residence or a standout multi-unit development.
The west-facing backyard offers beautiful natural light and the potential for a quiet, private outdoor retreat. All of this is set within one of Calgary’s most walkable and vibrant communities—Lower Mount Royal—just steps from the boutiques and cafés of 17th Avenue, trendy restaurants, groceries, and transit. Enjoy easy access to the MNP Community & Sport Centre, nearby parks, tennis courts, and scenic pathways for an active, healthy lifestyle.
A prime inner-city location with outstanding redevelopment potential for builders, architects, or visionaries looking to create something remarkable.
Data was last updated June 15, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$1,088,000
Min list price:
$320,000
Max list price:
$40,000,000
Avg days on market:
62
Min days on market:
2
Max days on market:
3,240
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.