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FOR SALE BANKVIEW M-C2 Zoned Multi-Residential Development MULTI-RESIDENTIAL Site

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FOR SALE BANKVIEW M-C2 Zoned Multi-Residential Development MULTI-RESIDENTIAL Site CALGARY MULTIFAMILY INVESTMENT GROUP Kensington Downtown Calgary The Beltline Sunalta 14 Street SW 17 Avenue SW Entertainment DIstrict Lower Mount Royal Subject Property 15 Street SW 19 Avenue SW 21 Avenue SW Bankview FOR SALE BANKVIEW M-C2 Zoned Multi-Residential Development MULTI-RESIDENTIAL Site. Inner City Location in Bankview. DEVELOPMENT SITE Dave MacKenzie, Vice President Mason Thompson, Associate 1505 & 1511 - 21 AVENUE SW 587.293.3374 403.232.4340 CALGARY, AB [email protected] [email protected] © 2018 Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. BANKVIEW MULTI-RESIDENTIAL 1505 & 1511 - 21 AVENUE SW DEVELOPMENT SITE CALGARY, AB 21 Avenue SW 15 Street SW 15 Street 14 Street SW 22 Avenue SW Site Details Site Features 1505 - 21 Avenue SW, Calgary, AB Municipal Address The site measures 1511 - 21 Avenue SW, Calgary, AB approximately 100 feet in width and 100 feet in depth. 1505 - 21 Avenue SW Plan 1696L Lots 14 and 15 M-C2 zoning allows for the Legal Description 1511 - 21 Avenue SW opportunity to develop purpose Plan 1696L built rental or condominium Lots 12 and 13 multifamily units 1505 - 21 Avenue SW: 5,331 sf Current rental income. Site Area 1511 - 21 Avenue SW: 5,332 sf The site is improved with single Total Site Area: 10,663 sf tenant house and a 2-storey M-C2 - Multi-Residential - Contextual plus basement 5-plex. Land Use Medium Profile District Site features unobstructed views of Downtown Calgary Maximum F.A.R. 2.5 FAR and the Calgary Tower at 3+ stories. Maximum Building Height 16.0 metres (6 Stories Max) M-C2 zoning allows maximum density of 2.5 FAR, equating to Price $2,399,000 26,658 sf of buildable area. BANKVIEW MULTI-RESIDENTIAL 1505 & 1511 - 21 AVENUE SW DEVELOPMENT SITE CALGARY, AB Investment Highlights The Subject site is in a highly 9 Located in the popular inner-city community of Bankview desirable neighbourhood. 9 2 blocks away from the 17 Avenue Entertainment District, Calgary’s Walk Score rates it with a most prominent commercial corridor very attractive score of 9 Convenient access to Downtown Calgary and some of Calgary’s 87/100. trendiest inner-city retail destinations 9 Neighbouring community has seen increased mixed-use, multi- residential and infill residential development throughout the last WALK SCORE decade Very Walkable 9 Located in the heart of one of Calgary’s most sought-after rental and 87 Most errands can be condominium markets accomplished on foot Source: WalkScore.com COMMUTE TO DOWNTOWN CALGARY Property Location 9 minutes 21 minutes 17 minutes Subject Property 17 Avenue SW Entertainment District Cleaver Marda Loop Retail District 4th Street SW Retail District BANKVIEW MULTI-RESIDENTIAL 1505 & 1511 - 21 AVENUE SW DEVELOPMENT SITE CALGARY, AB Notable Surrounding Amenities 17 Avenue Entertainment District 17 Avenue SW is a major east-west arterial road in the south-west quadrant of Calgary. Between the Calgary Stampede Grounds and 14 Street SW, it is a commercial street with bars, restaurants, nightclubs, and shops. Dubbed the “Red Mile”, the 17 Avenue Entertainment District is Calgary’s most prominent shopping and entertainment district. 1 minute 10 minutes 4 minutes 4th Street Retail District The 4th Street Retail District is nestled in the middle of the Mission, Cliff Bungalow and Beltline communities between historic sites and new urban development. 4th Street boasts some of Calgary’s most popular restaurants and is home to Calgary’s Lilac Festival. Hosted every May, 100,000 Calgarians flock to 4th Street to listen to music, dine and explore the Lilac Festival grounds. 6 minutes 25 minutes 9 minutes Marda Loop Retail District With over 130 trendy shops, boutiques and restaurants, Marda Loop is a walkable, street-level shopping & dining district located in Southwest Calgary. The completion of the 161-acre Garrison Woods community by Canada Lands in 2004 was a major turning point for the area. Since then, the community has seen rapid growth in the form of infill, multifamily and retail development. 4 minutes 19 minutes 6 minutes Calgary Stampede / Scotiabank Saddledome Known as “the Greatest Outdoor Show on Earth”, the Calgary Stampede is a world class rodeo, exhibition and festival held every year in July. The ten day event attracts over one million visitors every year. Located adjacent to the Calgary Stampede grounds is the Scotiabank Saddledome, home to the Calgary Flames and venue for numerous concerts and events annually. 13 minutes 45 minutes 14 minutes David MacKenzie, Vice President Mason Thompson, Associate CONTACT US 587.293.3374 403.232.4340 [email protected] [email protected] CALGARY MULTIFAMILY INVESTMENT GROUP avisonyoung.com © 2018 Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young..
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