1735 38 Avenue Sw Calgary, Alberta T2T 2K3

4 Bedroom 2 Bathroom 1,413 ft2
Bungalow None Forced Air Landscaped

$1,099,000

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. (id:62617)

Property Details

MLS® Number A2330795
Property Type Single Family
Community Name Altadore
Amenities Near By Golf Course, Playground, Schools, Shopping
Community Features Golf Course Development
Features See Remarks, Back Lane
Parking Space Total 4
Plan 6405gl
Structure Deck, Dog Run - Fenced In

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances See Remarks
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1957
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco
Flooring Type Carpeted, Hardwood, Tile
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,413 Ft2
Total Finished Area 1412.6 Sqft
Type House

Parking

Attached Garage 2

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Golf Course, Playground, Schools, Shopping
Landscape Features Landscaped
Size Depth 37.93 M
Size Frontage 13.4 M
Size Irregular 508.00
Size Total 508 M2|4,051 - 7,250 Sqft
Size Total Text 508 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Basement Laundry Room 10.25 Ft x 8.58 Ft
Basement Recreational, Games Room 15.67 Ft x 9.67 Ft
Basement Kitchen 14.50 Ft x 11.83 Ft
Basement Other 10.33 Ft x 7.92 Ft
Basement Bedroom 13.92 Ft x 7.83 Ft
Basement 3pc Bathroom Measurements not available
Main Level Primary Bedroom 13.67 Ft x 13.25 Ft
Main Level 4pc Bathroom 9.58 Ft x 6.50 Ft
Main Level Bedroom 11.50 Ft x 10.08 Ft
Main Level Bedroom 10.25 Ft x 13.17 Ft
Main Level Other 9.83 Ft x 4.00 Ft
Main Level Living Room 18.75 Ft x 15.25 Ft
Main Level Dining Room 10.58 Ft x 11.50 Ft
Main Level Kitchen 20.00 Ft x 10.08 Ft
Main Level Pantry 3.67 Ft x 3.67 Ft

https://www.realtor.ca/real-estate/30073201/1735-38-avenue-sw-calgary-altadore

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