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® # A2273010
Property Details
Description
Investor & Developer Alert! An exceptional commercial redevelopment opportunity in one of Calgary’s most strategic and high-exposure corridors. This 0.51-acre property features a 10,000+ sq ft commercial building and is ideally positioned along the TransCanada Highway, offering outstanding visibility and convenient access to major destinations including downtown, YYC Airport, Deerfoot Trail, SAIT, and the University of Calgary. Zoned C-COR1, with a generous 4.0 FAR and a permitted 37m building height under the North Hill Community Area Plan, this site presents significant potential for large-scale mixed-use development, including residential units, commercial retail, a vibrant strip mall, professional services, or medical-related uses. The existing building is a strong income producer, generating approximately $240,000 in effective gross income annually with a $100,000 NOI, making it an ideal holding property while planning your redevelopment. The lot offers ample on-site parking, high traffic exposure, and a prime location that supports long-term value. This is a rare chance to secure a high-potential redevelopment site in a central, rapidly evolving Calgary corridor. Don’t miss this exceptional opportunity! (Conceptual drawings are for illustrative purposes only.)
Listing Provided By
TrustPro Realty
Copyright and Disclaimer
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®.
Send us your questions about this property and we'll get back to you right away.
Send this to a friend, or email this to yourself
- 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