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A2232780 - 5113 17 Avenue NW, Calgary, Alberta T3B0P8




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This is a rare and exceptional opportunity to acquire a cash-flowing 4-Plex on an oversized 8,890 sq ft lot strategically located in the highly desirable and rapidly evolving community of Montgomery. The property offers substantial immediate income while providing a clear path to maximum future value through significant redevelopment.
The existing, well-maintained 4-Plex generates a strong gross income of $7,000 per month before typical property expenses (taxes and insurance). This allows an investor to hold and generate income immediately, offsetting holding costs while navigating the planning and permitting process for future development.
The true value lies in the substantial land and its superior zoning potential. The expansive 8,890 square foot lot is a prime candidate for a high-density residential project.
The site has the potential to be redeveloped into a modern residential building offering up to 20 units with underground parking. This level of density allows for a premium return on investment in a high-demand urban locale.
The large lot size is perfectly suited for efficient architectural design and maximum build-out.
Positioned in the heart of Montgomery, this property benefits from an infusion of new development, driving up property values and rental demand. The location offers unbeatable connectivity to key urban amenities and infrastructure:
Education & Health: Minutes to the University of Calgary and the Foothills Medical Centre/Hospital – a constant source of high-quality renters.
Connectivity: Immediate access to major transit routes and a quick commute to Downtown Calgary.
Direct access to 16th Avenue/Highway 1, offering unparalleled ease for weekend getaways to the Rocky Mountains.
Steps away from shopping centers, trendy restaurants, and recreational pathways, ensuring a desirable lifestyle for future residents.

DOWNLOAD Feature sheet

ESSENTIAL
MLS®:A2232780
Price:1,600,000.00
Type:Land
Sub Type:Residential Land
Lot Size:8,890 sq. ft.
RestrictionsNone Known,Restrictive Covenant
DOM137
INTERIOR SNAPSHOT   


COMMUNITY DETAILS
Address:5113 17 Avenue NW, Calgary, Alberta T3B0P8
City:Calgary
Subdivision:Montgomery
County:Calgary
Province:Alberta
Postal Code:T3B0P8
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Zoning:R-CG
ROOM DIMENSIONS


Inclusions: N/A



Courtesy: Royal LePage Solutions


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We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
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Montgomery Housing Trends


Real Estate Listings: 35
Highest Price: $4,950,000.00
Lowest Priced: $429,900.00
Average Price: $1,065,679.94
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FAQs about 5113 17 Avenue NW, Calgary,
Alberta, T3B0P8

5113 17 Avenue NW MLS® A2232780 has an approximate size of 0 Sq. Ft. located in Montgomery.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Land listing at 5113 17 Avenue NW, MLS® A2232780.

This Land listings is priced at $1,600,000.

This property is located at 5113 17 Avenue NW, Calgary, Alberta, T3B0P8 in the Montgomery community on the market for 137 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Montgomery community resources page.