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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 4, 2026 at 12:05 AM (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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Keoma Alberta Information

Keoma is a hamlet in southern Alberta under the jurisdiction of Rocky View County. _x000D_ Keoma is located approximately 35 km (21 mi) northeast of Downtown Calgary, on Highway 566, 2.0 km (1.2 mi) east of Highway 9 and 19 km (12 mi) north of the Trans-Canada Highway. _x000D_ Keoma is an Indigenous name for “over there”, far away. The hamlet was settled in 1910 when the Canadian Pacific Railway (CPR) opened up land for irrigation. It is assumed that the CPR named the site, but this is not definitive. The post office was in operation from January 15, 1910, to June 27, 1986. _x000D_ In the 2021 Census of Population conducted by Statistics Canada, Keoma had a population of 95 living in 37 of its 40 total private dwellings, a change of 1.1% from its 2016 population of 94. With a land area of 0.24 km2 (0.093 sq mi), it had a population density of 395.8/km2 (1,025.2/sq mi) in 2021. _x000D_ The population of Keoma according to the 2018 municipal census conducted by Rocky View County is 89, an increase from its 2013 municipal census population count of 67. _x000D_ As a designated place in the 2016 Census of Population conducted by Statistics Canada, Keoma had a population of 104 living in 38 of its 38 total private dwellings, a change of 19.5% from its 2011 population of 87. With a land area of 0.45 km2 (0.17 sq mi), it had a population density of 231.1/km2 (598.6/sq mi) in 2016. _x000D_ Karamitsanis, Aphrodite (1992). Place Names of Alberta – Volume II, Southern Alberta, University of Calgary Press, Calgary, Alberta. _x000D_ Read, Tracey (1983). Acres and Empires – A History of the Municipal District of Rocky View, Calgary, Alberta. _x000D_ _x000D_ This Calgary Metropolitan Region location article is a stub. You can help Wikipedia by expanding it._x000D_ _x000D_ Source: https://en.wikipedia.org/wiki/Keoma,_Alberta

Keoma Alberta Area Land MLS®

Welcome to our Keoma 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 Keoma Alberta, each listing provides detailed insights into the Keoma 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 Keoma 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
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