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.

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 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:

Montgomery has some of the best recreation facilities of any community in the city with Shouldice Park offering:

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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

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Data was last updated 2025-05-02 at 23:54:15 PM (PDT)

531, 533, 535 24 Avenue NW - MLS® # A2188877

Property Details


List Price
$3,000,000
Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
18000 sq.ft.
Taxes
N/A
Type
Multi Family (Commercial)
Style
N/A
Basement
Year Built
1947

Description

Attention DEVELOPERS & INVESTORS this is a prime, inner city, Mount Pleasant land assemblage - redevelopment site with MC-2 zoning. RARE OPPORTUNITY which includes lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot depth, approximately 18,000 sqft lot size or 0.41 ACRES. NOTE: Building area as shown is the combined RMS measurements of existing structures. 531 must be purchased together with 535 & 533 24th Avenue NW. Being sold for land assemblage value. See supplements for 2023 commercial land assemblage - property appraisal for $3.17 million. Please also see supplements for PROPOSED / PENDING development plans for an apartment building comprising of 49 purpose built rental units 43 - 1 bed units + 3 - 2 bed + 3 bachelor units with 1 level of underground parking - 41 stalls. Land survey, geotechnical report, and ESA report. MC2 is one of the highest medium-density zoning with tremendous flexibility to build a commercial multi-family 4-5 storey apartment building - maximum height of 16.0 metres or 52.49 feet with City of Calgary approval. There is also potential with the City of Calgary approval to rezone to build even more units with 2 levels of underground parking and potential commercial retail units (CRU's) at grade. Prime location within sought after NW community of Mount Pleasant. Properties are located within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit, and the trendy shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary, University of Calgary, Alberta Children’s Hospital & Foothills Hospital. Fantastic inner-city location, close to Downtown Calgary. This is an incredible opportunity to either develop the proposed multi-family development plans or bring your own vision for a dynamic multi-family project to life catering to Calgary’s growing demand for housing or for a savvy INVESTOR to buy and hold these inner-city Calgary properties with solid revenue generation for future redevelopment. See supplements for the rental income that these side-by-side properties currently generate. 531 24th Avenue NW (built 1947) is a 2-storey offering 2564 sqft above grade with a legal main floor + illegal upper-level suite(s) + 975 sqft illegal lower-level suite. 535 & 533 24th Avenue NW (built 1950) is a bungalow 1108 sqft main floor legal suite with a 1031 sqft legal lower-level suite all in good condition. Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase.

Listing Provided By

Century 21 Bravo Realty

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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 Real Estate Listing provided by
  • 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