The Opportunity

Overview

A rare and strategic redevelopment opportunity in Calgary’s transforming Centre Street North corridor. This land assembly includes five contiguous properties—2004, 2010, 2014, 2016, and 2018 Centre Street NE—offering a combined site area of approximately 2,346 square meters (or 25,252 square feet). Currently improved with a mix of residential and commercial structures, the properties are being sold for land value, providing a clean slate for a wide range of development possibilities.Situated along a key transit and redevelopment route, this high-exposure location is positioned just minutes to downtown and offers excellent access to major corridors and public transportation. The area is undergoing significant revitalization, supported by the future Green Line LRT and municipal policies encouraging higher-density, mixed-use development. Zoned Direct Control (DC), this site offers flexible potential for residential, commercial, or mixed-use projects, subject to City approvals.Whether you are looking to capitalize on Centre Street’s redevelopment momentum or land bank for future growth, this is an exceptional opportunity to secure a large parcel in one of Calgary’s most promising urban corridors. (Sale includes LINC numbers 0017379728, 0017379710, 0020199832, 0012410460, 0027930213) (id:61970)

Investment highlights

01Vacant Land

Property details

Property type: Vacant Land
Transaction: For sale
Site area: 2,346 square meters
Listing brokerage: Sotheby's International Realty Canada
Listing representative: Calley Erickson
Board / association: Calgary

Financial information

Asking price$6,250,000

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Location intelligence

2004-2018 Centre Street NE
Calgary, Alberta T2E2T1

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Documents

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From interest to a decision

Start with the right questions.

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01Prepare for the property tour

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Property diligence resources

Listing content supports property discovery and should be independently reconciled to current legal and professional records before a transaction decision.

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 28211603
Last supplied (UTC): July 3, 2026
Listing brokerage: Sotheby's International Realty Canada
Listing representative: Calley Erickson
Board / association: Calgary

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: Sotheby's International Realty Canada · Listing representative: Calley Erickson · Board/association: Calgary · Updated (UTC): Jul 3, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.