1123 8 Street Se, Calgary

$699,000

1 Beds
1 Baths
950 Sqft
.11 Acres
0 Garages

EXCEPTIONAL opportunity to acquire a well-located development site in Calgary’s evolving inner-city community of Ramsay. Located at 1123 8 Street SE, this 33’ x 148.5’ parcel (66’ x 148.5’ when assembled with 1125) features newly approved H-GO (Housing – Grade-Oriented) zoning.

A City-supported conceptual design illustrates the potential for a 28-unit multi-family development, aligning with Calgary’s inner-city densification strategy. City planning discussions have already taken place and have been supportive of redevelopment concepts, with development approval drawings able to be prepared quickly for submission.

For additional context, a nearby land assembly of approximately 35,000 sq. ft. recently received approval for only 20 units, highlighting the strong potential density achievable on this nearly 10,000 sq. ft. site.

The property benefits from dual street access from 8 Street SE and Maggie Street, allowing flexible site planning and efficient circulation. Conceptual plans respect the neighborhood’s historic character while introducing modern, attainable inner-city housing.

Multiple acquisition options may be available for builders and developers:

• Purchase 1123 and 1125 together as a land assembly (66’ x 148.5’)
• Purchase 1123 or 1125 individually
• Purchase the Maggie Street SE frontage portion of 1125, currently the backyard, which may potentially be subdivided into a 33’ x 72.25’ development lot offered at $360,000. The existing home does not encroach on this proposed lot, allowing flexibility for future development.

Ideally situated steps from Red’s Diner and within walking distance to Stampede Park, the BMO Centre, Calgary’s Culture and Entertainment District, and the future SAM Centre, as well as the vibrant shops and restaurants of Inglewood.

Ramsay continues to benefit from significant public and private reinvestment, making this one of Calgary’s most attractive inner-city redevelopment locations.

Conceptual planning materials available to qualified buyers upon request.

Come have a look today and make an offer.

Essential Information
MLS® #A2292790
Price$699,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage950
Acres0.11
Year Built1908
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address1123 8 Street Se
SubdivisionRamsay
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2g 2z6
Amenities
Parking Spaces2
ParkingOff Street
Interior
Interior FeaturesSee Remarks
AppliancesNone, See Remarks
HeatingOther
CoolingNone
BasementNone
Exterior
Exterior FeaturesNone
Lot DescriptionSee Remarks
RoofAsphalt
ConstructionConcrete
FoundationPoured Concrete
Additional Information
ZoningR-CG
Listing Details
OfficeeXp Realty
LISTING MAP

Properties for Sale Similar to 1123 8 Street Se, Calgary, Alberta

Photo of Listing #A2292796
New Listing

1125 8 Street Se, Calgary

$699,900 - 1 Beds, 1 Baths, 710 Sf

MLS® # A2292796

eXp Realty
Photo of Listing #A2289339

2232 15a Street Se, Calgary

$870,000 - 3 Beds, 4 Baths, 1,557 Sf

MLS® # A2289339

Real Estate Professionals Inc.
Photo of Listing #A2284636

1413 15 Street Se, Calgary

$825,000 - 3 Beds, 2 Baths, 1,305 Sf

MLS® # A2284636

Sotheby's International Realty Canada
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.