2135, 2139, 2143 50 Avenue SW

North Glenmore Park · Calgary · House · MLS® A2302642

9 bed5 bath3,924 sq ftbuilt 196120,763 sq ft lot

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About this property

North Glenmore Park Land Assembly for Sale | 150’ x 138’ Apartment/ Multi Family Development Opportunity in CalgaryA rare 150’ x 138’ land assembly in North Glenmore Park, Calgary presents a premier multi-parcel redevelopment opportunity ideally suited for a 5-storey apartment building, subject to city approval. Comprised of three adjacent properties offered together, this site creates a scalable, high-impact development opportunity in one of Calgary’s most desirable inner-city communities. Located in the highly sought-after North Glenmore Park neighbourhood, each parcel measures approximately 50’ x 139’, forming a combined footprint well-suited for mid-rise multifamily development. The flat site topography, corner influence, and south-facing rear exposure support efficient building design, strong unit layouts, and optimal natural light — key drivers for rental performance and long-term asset value. From a developer’s perspective, the configuration and location strongly support a 5-storey purpose-built rental or condominium project, aligning with ongoing demand for inner-city multifamily housing in Calgary. Opportunities to assemble this scale of land in North Glenmore Park are extremely limited, making this a strategic acquisition for developers targeting long-term hold assets or build-to-sell projects. While the existing homes provide holding income potential, the primary value is in the land assembly and its ability to accommodate higher-density redevelopment in a mature, high-demand location surrounded by quality infill and established residential homes. This North Glenmore Park development site benefits from exceptional surrounding amenities that enhance both livability and tenant demand. Central Memorial High School and Altadore School are located nearby, while North Glenmore Park and the Glenmore Reservoir offer year-round recreation including pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails, and pic nic areas. Additional nearby amenities include Glenmore Athletic Park and the Glenmore Aquatic Centre, providing strong community infrastructure that supports long-term rental demand. The property is located approximately 8 minutes from Downtown Calgary, with direct access via Crowchild Trail and Glenmore Trail, ensuring excellent connectivity for future residents. For developers and investors seeking a Calgary land assembly for a 5-storey apartment building, this offering stands out due to its size, configuration, location, and redevelopment potential. The combination of oversized lots, south-facing exposure, corner positioning, and inner-city proximity creates a rare opportunity to deliver a high-quality multifamily project in one of Calgary’s most established and desirable neighbourhoods.

Above grade: 3,924 sq ftas filed on the MLS® record

The $/sq ft on this page uses the above-grade figure only, because that is what the sold record it is compared against uses. Developed area includes the basement and is not comparable to it.

Market context

At $879/sq ft, against a community infill median of $609/sq ft — every infill form since 2008, so read it as context rather than a verdict (101 sales in 24 months — median $1,140,000, 20d on market, 42% inside 14 days; 32 new builds, 36 lot-value sales).

A cohort median is not a valuation of this home. It says where the asking price sits against comparable sales — it does not price the lot, the finish level or the stage of construction.

The full record

MLS® number: A2302642
Property type: House
Building type: House
Ownership: Freehold
Bedrooms: 9 (8 up, 1 down)
Bathrooms: 5
Floor area: 3,924 sq ft
$ per sq ft: $879
Year built: 1961
Storeys: 1
Architectural style: Bungalow
Lot area: 20,763 sq ft
Frontage: 150.0 ft
Depth: 138.4 ft
$ per sq ft of lot: $166
Zoning: R-C2
Basement: Full (Finished)
Basement features: Separate entrance, Suite
Foundation: Poured Concrete
Construction: Wood frame
Exterior finish: Stucco, Wood siding
Heating: Forced air
Fireplaces: 2
Flooring: Carpeted, Linoleum
Parking: Detached Garage, Other, Oversize · 6 spaces
Appliances: See remarks
Features: See remarks, Back lane, Level
Land features: Landscaped
Fencing: Fence
Nearby: Park, Playground, Schools, Shopping
Legal plan: 0
Listed on: 2026-04-16
Days on market: 183

Room by room

Basement
Recreational, Games room	12.8 × 22.6 ft
Kitchen	12.0 × 10.5 ft
Bedroom	15.6 × 12.9 ft
3pc Bathroom	8.0 × 4.9 ft
Recreational, Games room	18.6 × 11.4 ft
Storage	18.8 × 32.7 ft
Storage	3.8 × 6.6 ft
Family room	14.2 × 21.2 ft
Recreational, Games room	32.1 × 11.5 ft
Storage	15.2 × 15.5 ft
Furnace	7.5 × 6.6 ft
3pc Bathroom	9.5 × 6.6 ft
Main level
Foyer	11.8 × 6.5 ft
Living room	11.8 × 37.8 ft
Kitchen	14.1 × 12.4 ft
Family room	27.2 × 15.4 ft
Sunroom	11.1 × 11.2 ft
Primary Bedroom	12.8 × 12.2 ft
Bedroom	9.3 × 12.2 ft
Bedroom	9.2 × 9.0 ft
4pc Bathroom	12.8 × 6.4 ft
Dining room	12.2 × 6.5 ft
Living room	15.2 × 10.8 ft
Dining room	11.6 × 10.4 ft
Kitchen	6.9 × 11.9 ft
Primary Bedroom	9.2 × 12.0 ft
Bedroom	9.2 × 12.0 ft
3pc Bathroom	8.2 × 6.9 ft
Living room	15.2 × 15.5 ft
Kitchen	14.0 × 15.9 ft
Storage	4.0 × 6.8 ft
Primary Bedroom	11.2 × 15.0 ft
Bedroom	10.6 × 11.6 ft
Bedroom	7.9 × 11.7 ft
3pc Bathroom	7.2 × 6.8 ft

Listing courtesy of Real Broker · Justin Warthe. Data from the CREA Data Distribution Facility (DDF®), refreshed 2026-10-16 09:37, deemed reliable but not guaranteed. View on REALTOR.ca

Ask Karen about this one

Karen Mangat

RE/MAX House of Real Estate
4034 16 Street SW, Calgary, AB T2T 4H4

403-805-0482 · Email Karen

Rough monthly payment

—per month, principal & interest

Fixed-rate math with semi-annual compounding, the Canadian standard. 4.49% is a starting figure, not a quoted rate — enter the one your lender gives you. Under 20% down, mortgage insurance applies and is not included. Not a quote, not advice.