Browse listings

151/153 Lissington Drive SW, Calgary

$1,549,000

About this property

ATTENTION BUILDERS, DEVELOPERS, AND INVESTORS! Skip the lengthy planning and design process. This prime North Glenmore Park development site comes with a City-approved Development Permit (DP) for a lucrative 4-unit townhouse project. The engineered plans feature approximately 8,466 sq. ft. of total developed area, showcasing approximately 5,964 sq. ft. of above-grade living space, plus a detached 4-car garage. Situated on a premium approximately 6,083 sq. ft. R-CG zoned lot, this property is perfectly positioned in one of Calgary’s premier, high-demand inner-city SW communities. The location offers massive future resale and rental appeal—steps from the Glenmore Reservoir, extensive park and pathway systems, top-tier schools, Mount Royal University, local shopping, and quick commuter routes. DP approved, 4 units, plans ready, and prime inner-city location. This is a rare, turn-key opportunity to secure a substantially advanced development project and move straight toward construction. Full building plans are available for immediate review.

Essential information

MLS® number
A2354936
Status
Active
Price
$1,549,000
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
See Remarks
Living area
6,006 sq ft
Lot size
6,070 sq ft
Year built
1969
Structure
Four Plex
Listing brokerage
LPT Realty
Source
Pillar 9™ MLS® System

Interior

Appliances
See Remarks

Exterior and construction

Roof
Asphalt Shingle
Zoning
R-CG

Parking

Total parking
4
Garage spaces
4
Features
Single Garage Detached

Community

City
Calgary
Province
AB
Postal code
T3E 5E5

Where it is

Loading map…

Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

$
%
%
%
yrs

The building

$
%
$
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage —

—

An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in multi-family buildings in Calgary reaches the market — often before it is advertised anywhere else.

We’ll email you once to confirm. No account, nothing to log in to, and the listings stay open to everyone either way.

✓

You are on the list.

You will hear the moment a new listing in multi-family buildings comes up.

Similar properties to MLS® #A2354936

MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

Call WhatsApp Email Instagram