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431, 425, 423 2 Avenue NE
Crescent Heights Calgary T2E 0E7

$3,450,000
Land

Birds Eye View
Status:
Active
Prop. Type:
Land
MLS® Num:
A2356038
Exceptional opportunity to acquire a high-density development site strategically located just off Edmonton Trail at 423, 425 and 431 – 2 Avenue NE. Featuring 125 feet of frontage along 2 Avenue NE and street/laneway access on three sides, this prominent land assembly offers outstanding development flexibility. ZONED MU-1f5.0h26- the property permits a 5.0 FAR, offering approximately 75,000 sq. ft. of potential gross floor area and a maximum building height of 26 metres (approx eight storeys), subject to municipal approvals. Ideal for a substantial multi-residential or mixed-use development. Located in Crescent Heights at the gateway to Bridgeland, within the Bridgeland Business Improvement Area (BIA), the property is steps from vibrant restaurants, cafés, shops and Edmonton Trail, with excellent proximity to downtown Calgary, public transit, the Bridgeland/Memorial LRT station and Bow River pathways. Significant pre-development work has been completed, including DP drawings prepared by the previous owner for a proposed 79-unit, six-storey residential building featuring one- and two-bedroom suites. Phase I Environmental Site Assessment and geotechnical reports have also been completed. At 431 – 2 Avenue NE, asbestos abatement and house demolition are complete, while 423 and 425 – 2 Avenue NE remain leased, providing interim rental income during development planning. A rare opportunity to secure a high-density, development-ready investment site with substantial planning work completed, existing rental income and exceptional inner-city connectivity in one of Calgary's most desirable emerging urban districts.
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
15,000 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Plan:
1332N
Ensuite:
No
Garage:
No
Northeast
Crescent Heights
N/A
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
MU-1
Listed Date:
Nov 01, 2026
Days on Mkt:
  • Photo 1: 431, 425, 423 2 Avenue NE in Calgary: Crescent Heights Residential Land for sale : MLS®# A2356038
    Birds Eye View
Larger map options:
Listed by CIR Realty
Data was last updated November 3, 2026 at 10:13 PM (UTC)
Area Statistics
Listings on market:
71
Avg list price:
$949,000
Min list price:
$359,000
Max list price:
$45,000,000
Avg days on market:
89
Min days on market:
1
Max days on market:
3,380
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Black Diamond Alberta Information

Black Diamond was a town in the Calgary Metropolitan Region of Alberta, Canada within the Town of Diamond Valley. It is at the intersection of Highway 22 (Cowboy Trail) and Highway 7. Its first post office opened in 1907. Black Diamond was so named because of coal deposits near the original town site. Little oil or gas remains. _x000D_ It was a sister town to Turner Valley, and has a hospital, shops, hotels and residences, elementary school (K-6th grade), high school (7th-12th grade), hockey rink and a Boys and Girls Club. _x000D_ Black Diamond is located in the foothills of the Canadian Rockies in the midst of some of Canada’s best ranch country. _x000D_ A 3 km (1.9 mi) trail next to the roadway between Black Diamond and Turner Valley is named the Friendship Trail. _x000D_ Black Diamond incorporated as a village on May 8, 1929. After nearly 26 years as a village, Black Diamond incorporated as a town on January 1, 1956. _x000D_ On May 25, 2022, the Province of Alberta issued an Order in Council to amalgamate Black Diamond and Turner Valley to form the new Town of Diamond Valley, with an incorporation date of January 1, 2023. _x000D_ This followed decades of talk and a 2007 plebiscite that saw Turner Valley citizens embrace amalgamation and Black Diamond residents reject it. _x000D_ Ultimately, the prospect of efficiencies and possible cost savings of $1 million a year became a major catalyst to approving the merger without a plebiscite. _x000D_ On January 1, 2023, the Town of Black Diamond amalgamated with its neighbouring Town of Turner Valley to form the Town of Diamond Valley. _x000D_ In the 2021 Census of Population conducted by Statistics Canada, the Town of Black Diamond had a population of 2,730 living in 1,178 of its 1,233 total private dwellings, a change of 0.9% from its 2016 population of 2,705. With a land area of 6.82 km2 (2.63 sq mi), it had a population density of 400.3/km2 (1,036.8/sq mi) in 2021. _x000D_ In the 2016 Census of Population conducted by Statistics Canada, the Town of Black Diamond recorded a population of 2,700 living in 1,098 of its 1,108 total private dwellings, a 13.8% change from its 2011 population of 2,373. With a land area of 3.84 km2 (1.48 sq mi), it had a population density of 703.1/km2 (1,821.1/sq mi) in 2016. _x000D_ Black Diamond was governed by a town council of seven including a mayor and six councillors. The final mayor of the Town of Black Diamond was Brendan Kelly. _x000D_ Since January 1, 2023, the area of Black Diamond is governed by the Diamond Valley Town Council. _x000D_ _x000D_ Source: https://en.wikipedia.org/wiki/Black_Diamond,_Alberta

Black Diamond Alberta Area Land MLS®

Welcome to our Black Diamond Alberta Land MLS® Search page, where you can explore a diverse selection of Land MLS® listings.

www.FarmForSale.ca is produced by Steve LeBlanc, an experienced Farm and Commercial Realtor®, The search pre-set includes Land listings within a 50 km radius of Black Diamond Alberta, each listing provides detailed insights into the Black Diamond Alberta area.

Whether looking for Farms, Ranch, Land, Commercial or Residential, you will find valuable information about the local community, amenities, and market trends. Our advanced search filters allow you to easily refine your search by location, property type, price range, and more, while interactive maps help you visualize property locations and explore surrounding areas.

Each listing includes comprehensive details, high-quality photos, and key features to assist you in making informed decisions. Additionally, Steve LeBlanc offers insights into the Black Diamond Alberta area real estate market, community highlights, and essential amenities, helping you understand each property’s unique characteristics.

Steve LeBlanc’s years of experience in Farm and Commercial real estate ensure you receive knowledgeable and personalized assistance throughout your buying or selling journey.

Welcome to www.FarmForSale.ca

Steve LeBlanc

Farm | Ranch | Land | Commercial
Alberta & Saskatchewan

Licensed Realtor® | Associate
Marcel LeBlanc Real Estate Inc.

Contact
Phone: 403-391-6447
Email: steve@leblancrealty.ca
Website: www.FarmForSale.ca

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