A rare high-yield commercial investment located directly within the growth corridor surrounding the Red Deer Regional Hospital Centre Redevelopment — one of Alberta’s largest healthcare infrastructure upgrades. This major provincial investment is expected to significantly increase demand for medical, professional, hospitality, and mixed-use development in the immediate area, directly benefiting this property’s long-term value.
The site is 1.94 acres within the C4 – Major Arterial Commercial Zone, fully leased to three stable tenants: a Japanese restaurant, a bakery & café, and a bar & lounge, generating net rental income of $374,524/Y. The building was originally constructed in 1962, with substantial renovations completed in 1998–1999, 2005, 2008, and 2014, ensuring ongoing functionality and tenant appeal.
A major advantage of this offering is the large portion of vacant land included on the site. This additional land provides exceptional potential for future development, including:
-Medical-professional centre supporting the expanding hospital district,
-Rental condominium or apartment complex,
-Mixed-use commercial with residential above, Specialized healthcare services or clinics,
- Underground parking or walkout-level development, enabled by the site’s natural grade,
The property’s topography offers an ideal foundation for walkout basements and subterranean facilities, reducing construction complexity and enhancing design flexibility.
The C4 district is intended for high-visibility, high-traffic commercial uses along major transportation corridors. It supports businesses that benefit from strong exposure and easy access.
C4 – Major Arterial Commercial Zone Overview
This zone is designed to accommodate high-traffic commercial developments along major roadways. It typically supports businesses that benefit from visibility and accessibility.
-Permitted Uses: Retail stores and service shops, Restaurants and cafes, Hotels and motels, financial institutions, Medical and professional offices, Automotive sales and service,More details
The subject land parcel, legally described as SE-21-25-28-W4M, is located east of Calgary in the West Balzac area and is currently designated A-GEN (Agricultural, General). Strategically situated within the Queen Elizabeth II Highway Corridor, as outlined in the Area Structure Plan (ASP), this property offers strong long-term development potential.
The parcel benefits from high visibility, excellent accessibility to major transportation routes, and close proximity to established and rapidly growing communities. With increasing demand in the region for commercial, industrial, and mixed-used evelopments, this site is ideally positioned for future redevelopment as regional growth continues.
Currently designated as A-GEN (Agricultural, General), with strong potential for future residential, commercial, and/or industrial development as land use planning in the east Calgary region continues to advance.
Positioned with high visibility and direct access to the Queen Elizabeth II Highway, offering exceptional connectivity to Calgary, Airdrie, and the greater Balzac area to the north.
Located within a planned growth corridor outlined in the Area Structure Plan (ASP), the site is well-aligned with ongoing regional expansion and economic development initiatives. Development Standards: Future redevelopment will be guided by high-quality design principles that support the visual appeal and functional integration of the property within the surrounding growth area.More details
Set on a treed corner lot in prestigious Pump Hill, Gargoyle House keeps the neoclassical portico and rooftop gargoyles of its 1990 origins while being taken to the studs and rebuilt between 2023 and 2026 in a documented $2.39M renovation, owner-led with a full-time site team in the home throughout. The result is 8,703 sq ft of finished living, 7,011 above grade, with 8 flexible bedrooms and 7.5 baths across four levels. The main floor was built for hosting: a chef's kitchen with Wolf range and Sub-Zero, a ten-seat Centre Bar, a glass wine room, and a legal main-floor secondary legal suite with its own kitchen, separate entrance and dedicated heating. Upstairs, five bedrooms include a primary with a marble-and-walnut spa ensuite and steam shower. The lower level is a full entertainment floor: back bar, 4K projector wall, glass gym and a second wine room. The heated four-car garage (20' x 43') hides a built-in golf simulator with a retractable enclosure. Crowning it all is a 2,991 sq ft permitted rooftop terrace, the largest privately-permitted residential rooftop in Calgary, with an outdoor kitchen, six-person spa, lit putting green and full downtown skyline views. A true landmark that has hosted gatherings of hundreds and raised money for charity, minutes from the Glenmore Reservoir pathways, Rockyview Hospital, Chinook Centre and top schools, twelve minutes to downtown. Diligence package available to qualified buyers.More details
Superior Wash in Grande Prairie is a stable, high-performing car wash positioned in one of Alberta’s fastest-growing regional hubs. Built in 2006 on a prominent 0.84-acre site, the 9,644 sq ft facility includes nine wand bays, two automatic touchless bays, and an unused dog wash offering immediate upside. Supported by steady year-round demand from a young, expanding population, the wash has produced consistent revenues of $723K in 2023, $766K in 2024, and $755K in 2025. With excellent visibility on a major arterial road and multiple value-add opportunities, Superior Wash presents a reliable, low-maintenance investment with strong cash flow and clear growth potential.More details
Prime location adjacent to 16th Ave with panoramic SAIT views. Mixed-use concrete building featuring 8 fully leased 2 BD/1 BA apartments, ready for renovations to capture higher inner-city NW rental rates. The property offers a unique opportunity, as well as the vacant basement. The move-in-ready main floor is zoned for Health Care Services, 3,641 SF providing an ideal opportunity for an owner-user to establish their practice while benefiting from existing cash flow. Medical users can utilize the 12 dedicated front parking stalls plus street parking, while residents share 11 rear paved stalls. High-ceiling basement commercial space — rare for a mixed-use property. Over $152,000 invested in recent mechanical, boiler, parking lot, and façade improvements.More details
DALHOUSIE'S FIRST 8-PLEX
CORNER LOT
3 STOREY | MINUTES FROM UOFC
A rare multi-family offering in one of NW Calgary's most established communities.
This is Dalhousie's first 8-plex - positioned on a corner lot with strong street exposure and long-term upside.
Located just minutes from the University of Calgary, supporting consistent rental demand year after year.
Each main residence offers 3 bedrooms and 3.5 bathrooms across a 3-storey layout.
Each sunshine basement suite includes 2 bedrooms and 1 full bathroom, maximizing income potential.
Surrounded by Dalhousie LRT, Foothills Medical Centre, Alberta Children's Hospital, schools, parks and major shopping.
Limited new multi-family inventory in this pocket.More details
The subject property is a high-performing Esso fuel retail asset featuring an "On the Run "convenience store, six-bay wand wash, automatic car wash, and a coin-laundry. Positioned on a prominent 35,026 sq. ft. corner lot, the site offers excellent visibility, easy access, and multiple diversified revenue streams.
Cold Lake is entering a major growth cycle driven by two transformational projects:
A $20-billion expansion of 4 Wing Cold Lake tied to the arrival of the F-35 fighter fleet, including new hangars, training facilities, and long-term military infrastructure.
A $16-billion carbon-capture and energy project that will significantly increase industrial activity and workforce presence.
These developments are expected to increase population, contractor traffic, and service-sector demand, directly supporting higher fuel volumes, C-store sales, and car-wash and laundry usage.
The property is supported by strong infrastructure, including three double-wall fiberglass tanks installed in 2006, and a laundry facility with 13 washers and 12 dryers.
Annual Revenues:2025: $4,428,903,2024: $4,921,621,2023: $5,303,620More details
Prime NW Calgary investment opportunity in desirable Tuxedo Park! Welcome to this exceptional west-facing corner-lot fourplex offering an outstanding combination of location, quality, and income potential. Ideally situated in the highly sought-after community of Tuxedo Park, this property features 8 self-contained units with 16 bedrooms in total, including legal one-bedroom suites. Each main unit offers three bedrooms upstairs, including a spacious primary bedroom with its own ensuite, an additional full bathroom upstairs, and a convenient two-piece bathroom on the main level. High-end finishes are featured throughout, along with durable, high-traffic materials designed for low maintenance and long-term durability. An underground irrigation system further enhances ease of upkeep. Each unit includes one garage, providing secure parking and added value for tenants. With 8 separately metered units, this property is well positioned for efficient utility management and is eligible for MLI Select financing. A rare opportunity to acquire a quality, cash-flow-oriented multifamily property in a prime NW location, ideal for experienced investors or those looking to add a strong income-producing asset to their portfolio.More details
Four contiguous lots with approximately 100 feet of frontage on 14 Street NW offer a prominent commercial address in Calgary’s Hillhurst/Kensington area, close to the Bow River and downtown. The site at 20 14 Street NW comprises approximately 12,000 sq. ft., with approximately 120 feet of depth, access from a 20-foot rear lane and 16 surface parking stalls.
A restaurant and a liquor store occupy the single-storey commercial building, providing rental income while a purchaser evaluates the site’s long-term potential.More details
** GORGEOUS VIEWS, GREAT SETTING**
Less than thirty minutes from Calgary lies a jewel of a home, a secluded acreage with stunning views, and some very unique outbuildings. This 23 acre estate has a main floor and lower-level walkout; both with sweeping vistas of the impressively landscaped backyard and mountains beyond. Upon arrival through the private cul-de-sac, the first thing you notice are the impeccably maintained lawns and groomed driveway. The front entrance opens to a bright foyer that leads either to a formal dining area, or to a grand living room with site-finished oak floors and many windows showcasing the beauty beyond. It shares a three-way gas fireplace with the cosy dining nook and bay window, and the updated kitchen with quartz countertops and a large walk-through pantry. The pantry connects to the generous garage mudroom and laundry room. The large back deck runs along the length of the house and opens into the primary bedroom suite with walk-in closet, bay window, and 4-piece en-suite. This wing of the house has two more good size bedrooms and another full bathroom. The heated large three-car garage is an appealing feature with almost 1400 square feet of room, plenty of storage, windows, and a separate stair leading to the lower level. Downstairs you’ll find a large rec room with updated Berber carpet and a fieldstone floor-to-ceiling wood-burning fireplace, as well as an amazing bar with its own full size fridge and dishwasher- the perfect place to entertain. There is also a spacious office, and another bedroom and bath that would be perfect for guests. Leaving the main house, you’ll come to a truly special feature of the property, a large shop which is a mechanics dream. Not only does it have a ten thousand pound hoist and lift, but also radiant in-floor heat, and has its own bathroom, shower and laundry. Socks not completely knocked off? Attached is a very spacious area that used to be a fully functional butcher shop, complete with a large walk-in cooler. Although this space would be a hunter's delight, it also has many possibilities for studio space, other hobbies, or home based business, with its gleaming tile, industrial sinks, and extensive counters. There is also another 30 x 60 storage building for the toys; to store boats, cars, recreational vehicles or any other equipment. This acreage is one of a kind!More details
80 acres+/- rolling land with a seasonal creek, south boundary fronts onto Big Hill Springs Rd and between Range Road 13 and 14. This 80 acres is both country quiet and city convenient. No buildings. This is a great investment opportunity as development is happening right now-within the City of Airdrie- Big Hill Springs Road-(West side) and this property is only 3 km west of Airdrie. A seasonal creek runs through the north location of the 80 acres and offers great views, future building sites(contact Rockyview County). Lots of natural wildlife- moose, deer, geese and ducks. Updates will appear as available. Land is fully fenced currently leased yearly with cattle running on it. 50 acres in hay and 30 acres in pasture. Located just 3 km west of Airdrie- Cross Iron Mills, Balzac and COSTCO are just minutes away. Please be considerate- tenant is running cattle and there are fencing and gate considerations- access permission required. Call for more details. Thank you.More details
An outstanding opportunity to acquire units 9 ($1,600,000) and/or 10 ($825,000) in a fully leased retail plaza at 500 Royal Oak Drive NW, a prominent and high-traffic location in northwest Calgary. Strategically situated on a corner lot with excellent exposure and convenient access, this modern retail centre benefits from strong visibility in one of Calgary’s most established suburban trade areas. Unit 9 has a long term tenant in place and Unit 10 is vacant.
The property hosts a diverse mix of stable, long-standing tenants across health, service, and lifestyle sectors, offering investors consistent income and zero vacancy. Constructed in 2014, the building features quality construction, ample surface parking, and attractive curb appeal—positioning it for longterm value and low-maintenance ownership.
Zoned C-COR2, the site is surrounded by a blend of residential communities, major retail anchors, and key transit routes, ensuring continued foot traffic, tenant demand, and potential future redevelopment upside.
A rare chance to secure a turn-key investment with strong cash flow, excellent tenant covenant, and a presence in one of northwest Calgary’s most active retail nodes.More details
Data was last updated November 4, 2026 at 12:05 AM (UTC)
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