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Unparalleled Returns, Unprecedented Impact

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setting a new Precedent

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Own An Unprecedented Piece Of Calgary

Last round
of river lots available now

  • The seven river lots are listed through Giedre Vitkauskaite with The Real Estate District on the MLS® System of the Calgary Real Estate Board and will be publicly available on Realtor.ca. The Government of Alberta requires a mandatory two-week advertising period. Offers may be submitted at any time; however, the Government of Alberta will only review offers after their mandatory advertising period has concluded.

    In the event that multiple offers are received on any given lot, the seller will review them in accordance with the government's established process. Escalation clauses, or any term that effectively increases a buyer's bid in a competing offer situation, will not be accepted. Buyers are encouraged to submit their best offer.
     

    Buyers who have representation may work with their REALTOR® to prepare and submit an offer. Buyers without representation may request a Customer Due Diligence and Purchase Package from Precedent Developments or The Real Estate District

  • (Lot #9) 409 40 Avenue SW  -  2026-07-14 @ 8:00am

    (Lot #10) 407 40 Avenue SW  -  2026-07-16 @ 8:00am

    (Lot #6) 708 Riverdale Avenue SW  -  2026-07-20 @ 8:00am

    (Lot #8) 415 40 Avenue SW  -  2026-07-22 @ 8:00am

    (Lot #7) 640 Riverdale Avenue SW  -  2026-07-24 @ 8:00am

    (Lot #5) 718 Riverdale Avenue SW  -  2026-07-28 @ 8:00am

    (Lot #4) 715 Sifton Boulevard SW  -  2026-07-30 @ 8:00am

  • Flood management along the Elbow River is part of a coordinated regional strategy shaped in response to the 2013 Alberta Floods.
     

    Since then, both the City of Calgary and the Government of Alberta have implemented a series of measures to reduce risk and improve long-term resilience, combining upstream infrastructure with updated planning and mapping.
     

    For more information on up stream flood protection, visit:

    https://www.alberta.ca/springbank-off-stream-reservoir
     

    For current City of Calgary flood mapping, visit:

    https://maps.calgary.ca/RiverFlooding/
     

    For the Province's updated flood mapping, visit:

    https://www.alberta.ca/final-flood-maps

    OR

    Contact Precedent Developments at inquire@precedentdevelopments.ca

Only 7 Lots Left,
Secure Yours Before Its Too Late

These properties were acquired by the Province of Alberta while the water-flow system was being remediated and restructured following the 2013 floods. They are now being offered for sale through a transparent and structured process. Additional information is available.

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Offer Window Closing Soon

409 40 Avenue SW

July 14, 2026 at 2:00:00 p.m.

Offer Window Closing Soon

407 40 Avenue SW

July 16, 2026 at 2:00:00 p.m.

Offer Window Closing Soon

708 Riverdale Avenue SW

July 20, 2026 at 2:00:00 p.m.

Offer Window Closing Soon

415 40 Avenue SW

July 22, 2026 at 2:00:00 p.m.

Offer Window Closing Soon

640 Riverdale Avenue SW

July 24, 2026 at 2:00:00 p.m.

Offer Window Closing Soon

718 Riverdale Avenue SW

July 28, 2026 at 2:00:00 p.m.

Offer Window Closing Soon

715 Sifton Boulevard SW

July 30, 2026 at 2:00:00 p.m.

All Available Lots

Select a currently available lot below for more information

409 40 Avenue SW

The largest estate parcel in the collection, 409 40 Avenue SW offers nearly half an acre of riverfront land with approximately 111 feet along the Elbow River. With offers due July 14, this is the first and most immediate opportunity for buyers seeking a landmark Calgary luxury home site.

407 40 Avenue SW

407 40 Avenue SW offers a deep, private Elbow Park riverfront lot with strong proportions for a custom luxury residence. With offers due July 16, buyers have a short window to secure one of Calgary’s rare inner-city riverfront building opportunities.

708 Riverdale Avenue SW

Set along one of Calgary’s most desirable residential streets, 708 Riverdale Avenue SW offers approximately 75 feet of Elbow River frontage in an established luxury community. Offers are due July 20, making early planning essential for buyers looking to build a signature Riverdale Avenue custom home.

415 40 Avenue SW

415 40 Avenue SW combines generous lot size with approximately 98 feet of river frontage, creating a rare canvas for a refined Calgary estate home. With offers due July 22, this is a limited-time opportunity to pursue one of the larger parcels in the Elbow River release.

640 Riverdale Avenue SW

640 Riverdale Avenue SW offers one of the deepest sites in the collection, with approximately 62 feet of river frontage and excellent potential for a private custom home. Offers are due July 24, giving buyers a defined and short timeline to move from interest to action.

718 Riverdale Avenue SW

718 Riverdale Avenue SW is a well-proportioned riverfront lot with almost 200 feet of depth, offering a rare opportunity to build in one of Calgary’s most established luxury corridors. With offers due July 28, buyers should begin reviewing feasibility and design options now.

715 Sifton Boulevard SW

715 Sifton Boulevard SW is a unique wedge-shaped river-adjacent lot with over 200 feet of riverbank views and strong architectural potential. Offers are due July 30, making this a rare but time-sensitive opportunity for buyers looking to create a one-of-a-kind Calgary custom home.

Let's Create Something Great Together

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Whether you are planning your dream home, a major renovation or your next investment property we are here to help you make the most of your next project.

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