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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 5, 2026 at 03:15 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$949,000
Min list price:
$359,000
Max list price:
$45,000,000
Avg days on market:
86
Min days on market:
2
Max days on market:
3,383
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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Redwood Meadows Alberta Information

Redwood Meadows is a townsite in Alberta, Canada—the only such entity recognized by Alberta Municipal Affairs as of August 2020. _x000D_ Redwood Meadows is unique in that it is partially independent, functioning similar to an incorporated Alberta town. It is different from all other Alberta towns due to: _x000D_ The Townsite of Redwood Meadows is located along Highway 22, approximately 20 km west of Calgary, 18 km south of Cochrane and 5 km northeast of Bragg Creek. It has an elevation of 1,250 metres (4,100 ft) and is approximately 400 acres (1.6 km2) in size (1.62 km2 or 0.6 sq mi). _x000D_ Redwood Meadows is located in census division No. 6 and in the federal riding of Foothills. _x000D_ Although the Townsite of Redwood Meadows is located within the Tsuut’ina 145 Indian reserve, it has its own council consisting of a mayor and six councillors. _x000D_ In the early 1970s, the land upon which Redwood Meadows is developed was leased to Sarcee Developments Ltd. (SDL), a wholly owned Tsuu T’ina company. The head lease, originally 75 years in duration, commenced in 1974 and was to terminate in 2049. Effective April 21, 2021 a new lease was signed, which is now in effect until 2095. _x000D_ Redwood Meadows shares municipal and emergency services with nearby municipalities through various contracts and agreements. It is serviced with water, sewer, parks and roads and has a volunteer fire department. The Redwood Meadows Golf and Country Club is located in the townsite. _x000D_ The Tsuut’ina police provides policing of the townsite. _x000D_ While Statistics Canada was unable to enumerate the population of Redwood Meadows in the 2021 Census of Population, it indicated that the community had a population of 1,053 in the 2016 Census of Population. _x000D_ The Townsite of Redwood Meadows had a population of 983 in the 2011 Census according to Alberta Municipal Affairs. Its most recent municipal census prior to this indicated that it had a population of 1,150 on June 30, 2005. _x000D_ 50°59?17?N 114°30?32?W? / ?50.988°N 114.509°W? / 50.988; -114.509? (Redwood Meadows) _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/Redwood_Meadows

Redwood Meadows Alberta Area Land MLS®

Welcome to our Redwood Meadows 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 Redwood Meadows Alberta, each listing provides detailed insights into the Redwood Meadows Alberta area.

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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.

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Email: steve@leblancrealty.ca
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