$1,488,000 Multi-Family 12 Unit

417 & 421 20 Ave NW

Mount Pleasant, Calgary, T2M 1C2                    

Multi-Family  12 Unit

$1,488,000 

Development Opportunity – 417 & 421 20 Ave NW (DP2025-00580)

Mount Pleasant Calgary

An exceptional approved development project in a prime Calgary location. This property combines two adjoining lots (75 ft x 125 ft total) and comes with an approved Development Permit (DP2025-00580), and plans.

Project Highlights:

• Land Size: 75 ft frontage x 125 ft depth
  
  

• Development: Multifamily 6 plex with 6 basement suites and 6 garages.

• Development summary.
  
  

  • Front Row-House Building – 3 spacious units (each with 3 bedrooms, 3 bathrooms, kitchen, living, and laundry), plus a legal 1-bedroom basement suite in each.
    
    

  • Rear Row-House Building – identical to the front, with another 3 units plus 3 legal secondary suites.
    
    

  • Garage Building – 6 individual garages located at the back of the lot, equipped with additional secure bicycle storage.
    
    

• Total Units: 6 primary units + 6 legal basement suites = 12 fully rentable homes, each with its own private entrance and utility meters.
  
  

• Site Improvements Already Complete:
  
  

  • One existing building was demolished and removed (expense covered)
    
    

  • Chain-link fence with oversized double gate installed at the rear – wide enough for heavy equipment and fully lockable for site security
    
    

Why This Property Stands Out:

This project is ready to go with approved plans, a secure site and one of the old houses already demolished.

The design supports both density and rental potential, offering 12 income-generating units in a highly desirable inner city location

 Address: 417 & 421 20 Ave NW
Development Permit: DP2025-00580
Approved and secured site

• Cody McDonald

• 1-587-889-0390