DP APPROVED | RARE INNER-CITY DEVELOPMENT OPPORTUNITY! ATTENTION DEVELOPERS, BUILDERS & INVESTORS! A rare opportunity to acquire one of Calgary's premier inner-city development sites in the highly sought-after community of Crescent Heights. This exceptional 100' x 140' (14,000 sq. ft.) development site comes with a fully approved Development Permit (DP) for a thoughtfully designed 5-storey, 40-unit condominium development, offering a significant advantage in one of Calgary's most competitive development markets.
The approved plans feature 40 residential units, 27 underground parking stalls, two premium penthouse units, and an impressive rooftop amenity space designed to capture breathtaking panoramic views of the downtown skyline and Bow River. With the Development Permit already secured, a purchaser can proceed directly to the next stages of the development process without navigating the lengthy entitlement and approval process.
Perfectly positioned overlooking downtown Calgary, this premier Crescent Heights location is just steps from the Bow River pathway system, Prince's Island Park, Bridgeland, Centre Street, transit, restaurants, cafés, and the downtown core. Future residents will enjoy exceptional walkability, outstanding connectivity, and some of Calgary's most spectacular river and skyline views.
Development opportunities of this scale with a fully approved Development Permit in Crescent Heights are exceptionally rare. Whether you're an experienced multifamily developer or an investor seeking a premier inner-city development opportunity, this offering represents a unique chance to secure a high-quality project in one of Calgary's most desirable and rapidly evolving neighborhoods.
Development Permit drawings and supporting documentation are available upon request. Please note: 420 Meredith Road NE and 422 Meredith Road NE are being sold together as one offering and will not be sold separately.
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
14,000 sq. ft.1,301 m2
Lot Frontage:
99'10½"30.4 m
Bathrooms:
-
(Full:-, Half:-)
Plan:
E
Ensuite:
No
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Garbage Collection, Phone Available, Water Available
Data was last updated September 18, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
81
Avg list price:
$1,099,000
Min list price:
$134,900
Max list price:
$40,000,000
Avg days on market:
91
Min days on market:
3
Max days on market:
3,334
These statistics are generated based on the current listing's property type
and located in
Calgary. 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.