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1123 8 Street SE
Ramsay
Calgary
T2G 2Z6
$1,695,000
Land
- Status:
- Active
- Prop. Type:
- Land
- MLS® Num:
- A2209327
- Photos (8)
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An exceptional opportunity to secure a well-located development site in one of Calgary’s most dynamic and evolving inner-city neighborhoods. Positioned at 1123/1125 8 Street SE, this parcel offers the rare advantage of newly approved HGO zoning (Housing – Grade-Oriented), with a preliminary design concept in place for a 28-unit multi-family project. The architect has advised that development approval drawings could be prepared very quickly to allow for a quick submission to the City for approval. Meetings with city planning have been completed and the department is in support of an application for the proposed development. The site is just under 10,000 sqft. total and offers street access from the front and back of the property. 8 Street to the East and Maggie Street to the West.
The proposed development is thoughtfully designed by a long-time Ramsay resident and architect, incorporating key elements of the community’s character and historic charm. The vision respects the area's roots while offering a modern housing solution that aligns with the future of inner-city living and affordable housing options.
This site is ideally located just steps from Red’s Diner and within easy walking distance to Stampede Park, the expanding BMO Centre, and Calgary’s exciting Culture and Entertainment District — including the upcoming SAM Centre and all the energy of the Inglewood retail and nightlife corridor. Whether for future tenants or owners, this location offers unbeatable urban connectivity paired with a vibrant community setting.
Ramsay is a neighborhood in transition — seeing ongoing public and private reinvestment, including new housing, infrastructure upgrades, and streetscape improvements. The area is maturing gracefully, with careful additions that aim to maintain the neighborhood’s unique character while supporting its long-term growth.
With potential alignment for CMHC’s MLI Select program, this project offers developers a chance to pursue enhanced financing options, including longer amortizations and reduced debt service requirements, while contributing to Calgary’s much-needed rental housing supply.
Whether you’re an experienced developer or a builder looking for your next signature project, this property delivers location, community, design potential, and long-term upside
- Property Type:
- Land
- Property Sub Type:
- Residential Land
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
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- Possession Date:
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- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 9,900 sq. ft.920 m2
- Lot Frontage:
- 66'20.1 m
- Lot Details:
- Two properties included 66'x148
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- A2
- Ensuite:
- No
- Water Supply:
- Public
- Utilities:
- Cable Internet Access, Electricity at Lot Line
- Garage:
- 0
- Ramsay
- none
- Building Design Size
- Title to Land:
- Fee Simple
- Lot Features:
- Interior Lot, No Neighbours Behind, Paved, Rectangular Lot, See Remarks, Sloped Down
- Num. of Parcels:
- 1
- Outbuildings:
- See Remarks, Condemned Residence(s)
- Fencing:
- Fenced, Partial
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- HGO
- Listed Date:
- Apr 09, 2025
- Days on Mkt:
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Listed by D.C. & Associates Realty
Data was last updated April 29, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 77
- Avg list price:
- $1,199,900
- Min list price:
- $425,000
- Max list price:
- $16,757,850
- Avg days on market:
- 82
- Min days on market:
- 3
- Max days on market:
- 2,827
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- Gordon Group
- CIR Realty
- 403.891.8027
- Contact by Email
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.