PRIME 50’ x 120’ BUILDING LOT | SOUTH-WEST REAR YARD | Incredible redevelopment site sitting right on a prime Montgomery Street. Surrounded by infills, this 50x120-foot parcel gives builders, developers, and investors a broad canvas to work with in one of Calgary's fastest-evolving inner-city pockets. The land holds the bulk of the value here, but the existing home works well as a holding property while you get plans and city permits finalized. Practical updates over the years include a brand-new furnace installed in January 2026, plus updated windows and a water heater from 2019. The home needs a new roof and some cosmetic work, making it best suited for immediate redevelopment. Out back, the lot opens to a private, southwest-facing yard that gets sun all day long. Locations like this don't come up often—you're minutes from Shouldice Park, the Bow River, Market Mall, U of C, and major medical hubs, with fast commuting routes via Crowchild and 16th Avenue. Give your favorite realtor a call!
Data was last updated November 5, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$772,500
Min list price:
$429,900
Max list price:
$1,709,999
Avg days on market:
47
Min days on market:
1
Max days on market:
202
Avg price per sq.ft.:
$503.71
These statistics are generated based on the current listing's property type
and located in
Montgomery. 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.