MLS #A2181615 image #0
BUILDERS AND INVESTORS CORNER LOT – Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.

Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary’s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.

With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community.
Current real estate data for Single Family in Calgary as of Dec 16, 2025
116,738
Single Family Listed
2
Avg DOM
440
Avg $ / SqFt
$720,891
Avg List Price

Property Details

Price:
$975,000
MLS #:
A2181615
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Detached
Subdivision:
Highland Park
Listed Date:
Dec 15, 2025
Finished Sq Ft:
1,054
Lot Size:
5,801 sqft / 0.13 acres (approx)
Year Built:
1953
GarageHighland ParkSee RemarksBack Lane,back Yard,corner Lot,front Yard

Schools

Interior

Appliances
See Remarks
Basement
See Remarks
Bathrooms Full
1
Laundry Features
Other

Exterior

Exterior Features
Other
Lot Features
Back Lane, Back Yard, Corner Lot, Front Yard
Parking Features
Parking Pad, Single Garage Detached
Parking Total
2
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Highland Park subdivision, 4220 Centre Street NE Calgary AB is a Single Family for sale in Calgary, AB, T2E2Y9. It is listed for $975,000 and features 3 beds, 1 baths, and has approximately 1,054 square feet of living space, and was originally constructed in 1953. The current price per square foot is $925. The average price per square foot for Single Family listings in Calgary is $440. The average listing price for Single Family in Calgary is $720,891. To schedule a showing of MLS#a2181615 at 4220 Centre Street NE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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