Property Details

1735 38 Avenue SW
Calgary (A2330795)

$1,295,000
4
2
1,413 ft²
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Interest Rate
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* Amounts are estimates only. Final payment amounts may vary.

Description

Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare redevelopment opportunities like this are becoming increasingly difficult to find in the heart of Altadore. Situated on an impressive 44’ x 124.5’ walk-out corner lot, this property is surrounded by luxury custom homes and high-end infill developments in one of Calgary’s most sought-after inner-city communities. R-CG zoned and offering exceptional redevelopment potential, this 5,478 sq. ft. property presents an outstanding opportunity to build a luxury custom home, premium semi-detached infills, or a townhouse development, subject to City of Calgary approval. The desirable walk-out configuration and prominent corner location provide outstanding design flexibility and strong long-term value. The existing raised bungalow offers excellent holding income while redevelopment plans are finalized. The upper level features a bright 3-bedroom layout with hardwood flooring, large windows, a spacious kitchen, and a raised rear deck overlooking the private backyard. The lower level contains a 1-bedroom illegal suite. The property has generated approximately $3,145 per month for the main floor (legal) rental income, providing immediate cash flow for investors and developers. Ideally located just steps from Kiwanis Park and within walking distance to River Park, Marda Loop’s restaurants, cafés, shopping, and everyday amenities, this property also offers quick access to downtown, Crowchild Trail, and major transportation routes. Whether you’re looking to build, hold, or invest, this is a rare opportunity to secure a large walk-out corner redevelopment parcel in one of Calgary’s strongest and most established luxury infill communities. Development concepts are for illustrative purposes only. All redevelopment is subject to City of Calgary approval, applicable zoning regulations, development permits, and building permits.

Property details

Basic Info

MLS® #
A2330795
Property Type:
Residential
Subtype:
Detached
Subdivision:
Altadore
Price
$1,295,000
Sale/Lease:
For Sale
Size:
1,413 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1957 (69 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Attached
Fence:
Partial
Basement:
Full
Features:
See Remarks
Inclusions:
Contact Seller Directly
Appliances:
See Remarks
Laundry:
In Basement
Exterior Features:
Dog Run
Patio/Porch Features:
Deck, Front Porch, Patio

Neighborhood Info

Nearby Amenities:
Golf, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.13 acres
Lot Features:
Back Lane, Corner Lot, Landscaped
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco,Wood Frame
Floors:
Carpet, Hardwood, Tile
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Golf, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
Negotiable
Days on Market:
58
Media & Video

Experience this property!

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Your Realtor® Team

Realty Aces

Justin Wiechnik
587-899-3773
justin@realtyaces.ca
Ryan Wood
403-828-4645
ryansells247@gmail.com
Damien Berg
403-575-5035
damien@realtyaces.ca
Kipp McGonigal
403-813-2697
kipp@gokipp.com

 

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