Click Brochure link for more details** Approved DP for 4-Plex | Prime R-C2 Inner-City Lot (5,996 SF)
728 20 Ave NW – Ready-to-Build Opportunity with Holding Income
Exceptional redevelopment opportunity in NW Calgary. 728 20 Ave NW sits on a 557 sqm (5,996 sq ft) H-GO zoned lot and comes with an approved development permit for a 4-plex, significantly reducing timeline and entitlement risk for builders. This parcel is excluded from the repeal of citywide rezoning as it has an approved H-GO permit.
The existing 843 sq ft (78 sqm) home, built in 1946, provides interim holding value and is configured with 2 bedrooms and 1 bathroom above grade, plus 2 bedrooms and 1 bathroom below grade having a separate entrance.
Located on a quiet, tree-lined street with strong infill activity, the property offers excellent access to downtown, SAIT, the University of Calgary, transit, schools, and nearby amenities. With approvals already in place and favorable zoning, this is a plug-and-play development site in a high-demand inner-city corridor.
Data was last updated May 8, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$800,000
Min list price:
$188,888
Max list price:
$2,750,000
Avg days on market:
34
Min days on market:
2
Max days on market:
214
Avg price per sq.ft.:
$501.58
These statistics are generated based on the current listing's property type
and located in
Mount Pleasant. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.