$1,488,000 Multi-Family 12 Unit

     Development-Ready: 12-Unit Approved Project in Mount Pleasant

    417 & 421 20 Ave NW
    Mount Pleasant, Calgary, T2M 1C5
    Multi-Family | 12 Unit | $1,488,000

    An exceptional, shovel-ready development project in a prime Calgary location. This property combines two adjoining lots (75 ft x 125 ft total) and comes with a fully approved, final Development Permit (DP2025-00580), with the appeal period expired. It is positioned for a straightforward, de-risked transition to a builder/developer.

     PROJECT HIGHLIGHTS

Land Size: 75 ft frontage x 125 ft depth

Approved Build: 12 total units (6 primary row-house units + 6 legal basement suites).

Unit Sizes:

Main Units: 6 units, each 1,235 sq ft (3 bed, 3 bath).

Basement Suites: 4 units at 547.56 sq ft, 2 units at 564.67 sq ft (all 1 bedroom).

CONFIGURATION

     Two 3-unit row-house buildings, each with a legal 1-bedroom suite per unit. A separate building at the rear provides 6 individual garages with additional secure storage.

Design: Each of the 12 homes has a private entrance and separate utility meters.

Site Readiness: One existing building has been demolished and removed. The site is secured with a lockable, oversized rear gate suitable for equipment access.

    PROJECT STATUS

    Key approvals are secured and major project milestones are complete, establishing a clear path forward.

Permit Status: Development Permit is approved and final (DP2025-00580). The appeal period has expired.

Planning & Design: The DSSP, full architectural design, and permit application are complete.

Municipal Coordination: Off-site levies are fixed and a deferral agreement is in place. The surface improvement deposit amount is established with the City.

Site Progress: Title consolidation will be completed by the Vendor prior to closing. Site is cleared and secured.

Full architectural, engineering plans, and municipal correspondence are available for qualified review.

    WHY THIS PROPERTY STANDS OUT

    This project is ready to go with approved plans, a secure site, and pre-established conditions. The design supports both density and rental potential, offering 12 income-generating units in a highly desirable inner-city location.

    CONTACT FOR SERIOUS INQUIRIES:
    Cody McDonald
    587-889-0390 (Call or Text)
    cjdonald555@gmail.com

    Note: This is an off-market opportunity. All serious inquiries are handled directly and confidentially.