Montgomery
Discover one of Calgary’s best kept secrets – an up and coming neighbourhood nestled along the Bow River in the inner-city.
Located in the North West quadrant in one of the most desirable locations in the City, Montgomery boasts a highly walkable environment, a mixture of commercial, residential, and recreational amenities in close proximity, and a closely-knit community of residents and businesses. Currently experiencing a housing boom (Montgomery was among Calgary’s top ten communities for new infill developments in 2011-2012), the community has also enjoyed quality commercial and mixed-use commercial/residential mix developments over the past three years.
To discover more about Montgomery, read more below.
Montgomery has a population of 3,860 living in 1,839 dwellings. Residents in this community have a median household income of $42,795 in 2000, and there are 24.7% low income residents living in the neighbourhood.
With 115 existing businesses, restaurants, shops and health and professional services, Montgomery is a self-contained community, with access to most day-to-day necessities within walking distance. It is also only a few minutes drive to downtown Calgary to the east, and an escape from the city to the west. Its close proximity to major educational and employment centres is particularly attractive to professionals and students. The community borders Market Mall to the north and the University of Calgary, Alberta’s Children Hospital and Foothills Hospital to the east as well North Hill Mall right on 16th Ave.
Some of those amenities include:
- Safeway
- 7 Eleven
- Pizza Hut
- Subway
- Beauty Salons
- Medical Offices
- Loco Lou’s
- Shoppers Drug Mart
- Sears
Montgomery has some of the best recreation facilities of any community in the city with Shouldice Park offering:
- football, baseball and soccer fields
- a batting cage
- tennis courts
- indoor pool and;
- a picnic area on the Bow River.
There is one public school right in the neighbourhood to choose from:
For other schooling options you can check out the Calgary Board of Education website and Calgary Catholic School Board website.
Montgomery retains many of its small-town charms, is safe, accessible to many amenities and is a family friendly community. If these are all the things you are looking for in your next community, Montgomery might just be your next home!
Montgomery
| All Listings | $300,000 - $400,000 | $400,000 - $500,000 |
| $500,000 - $600,000 | $600,000 - $700,000 | $700,000 - $800,000 |
| Over $1,000,000 |
Listing Details
Return to Search Result526 16 Avenue NW - MLS® # A2062019
Property Details
Description
Price Reduced! Introducing a versatile commercial property offering endless possibilities, now available at a reduced price! With over 0.5 acres of land and a spacious 10,000+ sq ft building, this income-producing asset sits prominently along Calgary's TransCanada Hwy, offering unparalleled visibility. Its strategic location near downtown, the airport, Deerfoot highway, SAIT, and the University of Calgary makes it an ideal candidate for redevelopment into either a cutting-edge medical clinic or a vibrant strip mall. Zoned for C-cor 2 and boasting a 5.0 FAR, with a maximum height of 37 meters, this property provides ample room for expansion and innovation. Priced attractively at approximately $52.00 per buildable square foot, it presents an enticing investment opportunity. With an effective gross income of $230,000 annually and a NOI of $100,000 annually, developers and investors will find this property highly appealing. Whether envisioning a state-of-the-art medical facility catering to the community's healthcare needs or a dynamic strip mall bustling with shops and services, this property offers the ideal canvas. And with ample parking spaces available, convenience is assured for visitors and tenants alike. Don't miss out on the chance to bring your vision to life in one of Calgary's most promising locations! (Please note: The conceptual sketch provided is for illustrative purposes only.)
Listing Provided By
KEY REALTY GROUP INC.
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The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.
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- Kim Twohey
- 403-464-9300
- 403-464-9300
- 403-464-9300
- kimtwohey@gmail.com
- CIR Realty
- #168, 8060 Silver Springs Blvd NW
- Calgary, AB
- T1X 0L3