Legacy Commercial Real Estate Listings
Find Legacy commercial real estate listings for sale or lease. Our commercial real estate specialists help investors and business owners find the perfect retail spaces, office buildings, and multi-unit properties in Legacy.
From location selection to appraisals to property management, your commercial real estate agent will help you make informed decisions about Legacy commercial properties.
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Legacy Commercial Real Estate Information
Our Commercial Real Estate Practitioners expertly represent all aspects of commercial investments, for both acquisitions and dispositions. We work with large investment groups, REITs, and individual investors to provide comprehensive market knowledge, financing strategies, and investment opportunities in the Legacy area.
Legacy Multi-Unit Commercial Real Estate
Legacy Community Overview
Find answers to the most common questions about Legacy, one of Calgary's most popular master-planned communities in the southeast, known for its lake view homes, parks, and family-friendly atmosphere.
Legacy is located in the southeast quadrant of Calgary, along the east side of Stoney Trail SE. The community is bounded by 194th Avenue SE to the north, Stoney Trail to the west, and 210th Avenue SE to the south. Legacy is connected to adjacent communities of Belmont and Walden, with quick access to major roadways including Stoney Trail and Macleod Trail.
Legacy draws its inspiration from golf course communities, with many homes backing onto a golf course, lake, or lush green space. The community features The Homestead (central gathering spot with coffee shop, meeting rooms, fitness centre, and boardroom), The Heritage (13,000 sq ft amenity centre with a large indoor playground, sand volleyball court, patio, event space, and multi-purpose gym), and The Arbor (park with bandstand, sports courts, skateboard and scootering area, and natural playground). Legacy also has a waterfall that cascades into a fishing pond.
The Legacy Homeowners Association offers six world-class amenity spaces included in residents' annual fees. The Heritage is a 13,000 sq ft facility with indoor playground, sand volleyball court, event space, fitness equipment, and gym. The Homestead features a coffee shop, meeting rooms, fitness centre, and boardroom. Legacy Central includes a natural playground with slide, climber, and swings. The Arbor provides a bandstand, sports courts, skateboard and scootering area, and restrooms. The Grove and The Canopy offer additional green spaces and gathering areas throughout the community.
Legacy offers a wide range of housing types including single-family detached homes, townhomes, duplexes, and condominium apartments. Home builders include Brookfield Residential, Genesis Builders Group, Jayman BUILT, Morrison Homes, Partners Homes, and Rohit Homes. Housing styles range from affordable condos starting in the low $300,000s to luxury estate homes backing onto the Legacy Golf Course exceeding $1 million.
The average home price in Legacy is approximately $620,000. Detached homes typically range from $500,000 to over $1 million. The average list price for a detached home is $710,500 with an average size of 2,087 sq ft. Townhomes average around $416,200, and duplexes average around $616,000. Condominiums start from the low $300,000s. The average price per square foot is $344, which is below the regional average.
Legacy has a new K-6 public school site in the community's southeast corner. Nearby schools include Legacy Elementary School, All Saints High School (Catholic), St. Teresa of Calcutta School (K-6), and Holy Cross Elementary School. For older students, Joane Cardinal-Schubert High School and Centennial High School are within reasonable driving distance.
The Legacy Golf Course is a 9-hole course winding through the community, designed by the developer to be more than just a backyard view. It is a golf course that weaves through the community, and many homes have backyard views overlooking the golf course or surrounding lakes. The course adds to the resort-style atmosphere of the neighbourhood.
Legacy features over 100 acres of parks and 8 km of paved pathways connecting throughout the community. Key parks include The Homestead (central gathering spot), The Heritage (13,000 sq ft amenity centre), The Arbor (bandstand, sports courts, skateboard area), The Grove, and The Canopy. The community also features a man-made lake with a cascading waterfall stocked with fish, plus direct access to Fish Creek Provincial Park via nearby pathway connections.
Legacy is directly connected to Stoney Trail (Highway 201), providing quick access to Deerfoot Trail and Macleod Trail. The drive to downtown Calgary takes approximately 25-35 minutes depending on traffic. For transit users, the On-It regional bus service serves Legacy and adjacent communities, offering direct service to Somerset-Bridlewood LRT station. Calgary Transit On Demand also serves the community.
Legacy's commercial area, The Homestead, features shops, groceries, and restaurants. A shopping plaza with a Circle K, gas station, and other services is already well-established. Seton Urban District is just 10 minutes away, offering Walmart, Superstore, Save-On-Foods, Canadian Tire, Home Depot, Cineplex, and dozens of restaurants and professional services. The adjacent community of Walden also has its own shopping area with a Sobeys and Shoppers Drug Mart.
Yes, Legacy is an excellent community for families. The community features a new elementary school on-site, a massive indoor playground at The Heritage (open year-round), numerous outdoor parks and playgrounds, and a network of paved pathways perfect for biking and walking. The community is known for being family-friendly, clean, safe, and dog-friendly, with plenty of community events hosted throughout the year.
Legacy is designed to be walkable, with 8 km of paved pathways connecting all areas of the community. Many parks and amenities are within walking distance of homes. The community has a Walk Score of 27, which is car-dependent, but the internal pathway system makes it easy to walk to parks and community amenities.
Legacy is a master-planned community that has been under development since the early 2010s. The community was developed by Brookfield Residential, with the vision of creating a neighbourhood inspired by golf course communities. Legacy is now nearing completion, with most phases sold out and final amenities in place.
Retail Commercial Real Estate
Retail properties in Legacy range from individual shops to large shopping centers. Retail spaces offer excellent visibility and customer traffic, with opportunities for stand-alone buildings or multi-tenant locations.
Frequently Asked Questions About Legacy Commercial Real Estate
Legacy offers a diverse range of commercial real estate including retail storefronts, office buildings, industrial warehouses, multi-unit residential revenue properties, mixed-use developments, and land for commercial development. Our inventory includes both for-sale and lease options to accommodate various business needs and investment strategies.
Commercial real estate financing differs from residential mortgages. Options include traditional bank loans (typically requiring 20-30% down), CMHC commercial loans, private lending, and vendor take-back financing. Our commercial specialists can connect you with lenders experienced in Legacy commercial transactions and help you prepare a strong application package.
Commercial vacancy rates vary by property type and specific location within Legacy. Generally, retail spaces see 5-8% vacancy, office spaces 8-12%, and industrial spaces 3-6%. Our team provides current market absorption rates and vacancy statistics to help you make informed investment decisions. Contact us for the most recent quarterly commercial market report.
Leasing commercial space in Legacy typically takes 2-6 months from initial search to signed lease, depending on market conditions, property type, and negotiation complexity. Allow additional time for tenant improvements and permitting. Our commercial agents streamline this process by identifying suitable properties and negotiating favorable lease terms.
While not legally required, working with a commercial real estate professional is highly recommended. Our agents provide access to off-market properties, accurate comparable sales data, lease negotiation expertise, and insight into zoning and development regulations specific to Legacy. Best of all, tenant and buyer representation is typically at no cost to you — the landlord or seller pays the commission.
Key due diligence steps include: property condition assessment (building inspection), environmental site assessment, zoning verification, title search, review of existing leases (for income properties), financial analysis of operating costs, and appraisal. Our commercial team coordinates these investigations and helps you interpret findings to mitigate risk.
NEARBY COMMUNITIES
- Acadia
- Albert Park
- Albert Park/Radisson Heights
- Alyth/Bonnybrook
- Applewood
- Applewood Park
- Auburn Bay
- Auburn Rise
- Belvedere
- Bonavista Downs
- Burns Industrial
- Chaparral
- Copperfield
- Cranston
- Deer Run
- Douglas Glen
- Douglas Ridge
- Douglasdale
- Douglasdale Estates
- Douglasdale Glen
- Dover
- Dover Glen
- Downtown East Village
- East Fairview Industrial
- East Foothills
- East Hills Crossing
- East Shepard Industrial
- Erin Woods
- Fairview Industrial
- Forest Lawn
- Forest Lawn Estates
- Gateway Estate
- Great Plains
- Greenview Industrial Park
- Heatherglen
- Hotchkiss
- Inglewood
- Lake Bonavista
- Legacy
- Legacy Woods
- Lynnwood
- Lynnwood Ridge
- Mahogany
- McKenzie Lake
- Mckenzie Lake Point
- McKenzie Towne
- Midnapore
- Millican
- New Brighton
- Ogden
- Parkland
- Penbrooke
- Penbrooke Meadows
- Quarry Park
- Queensland
- Ramsay
- Rangeview
- Rangeview Gardens
- Red Carpet
- Ricardo Ranch
- Riverbend
- Riverglen
- Riverstone
- Riverview Park
- Seton
- Shepard Industrial
- Shepard Industrial Park
- Sora
- South Foothills
- Starfield
- Sundance
- The Streams Of Lake Mahogany
- Twinhills
- Walden
- West Dover
- Wolf Willow
HOMES COMING SOON
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