1735 38 Avenue SW, Calgary, AB, T2T 2K3

MLS® # A2330795

House For Sale In Altadore, Calgary, Alberta

$1,099,000 QuickQuote^TM: $1.0M - $1.2M

3+1 Beds

2 Baths

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1735 38 Avenue Sw, Calgary, AB - Outdoor

1735 38 Avenue Sw, Calgary, AB - Outdoor With View

1735 38 Avenue Sw, Calgary, AB - Outdoor With Facade

1735 38 Avenue Sw, Calgary, AB - Outdoor With Exterior

1735 38 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room

1735 38 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen With Double Sink

1735 38 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen

1735 38 Avenue Sw, Calgary, AB - Indoor Photo Showing Bathroom

1735 38 Avenue Sw, Calgary, AB - Indoor Photo Showing Laundry Room

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1735 38 Avenue SW, Calgary, AB, T2T 2K3

$1,099,000

4 Beds

2 Baths

Property Information:

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.

Inclusions: Contact Seller Directly

Building Features:

Total Finished Area: 1412.60 Square Feet

Property Features:

Architectural Style: Bungalow
Built in: 1957
Construction Materials: Stucco, Wood Frame
Cooling: None
Exterior Features: Dog Run
Floor Space (approx): 1412.60 Square Feet
Flooring: Carpet, Hardwood, Tile
Foundation Details: Poured Concrete
Heating: Forced Air, Natural Gas
Interior Features: See Remarks
Levels: One
Lot Size: 5468.00 Square Feet
Parking Features: Double Garage Attached
Roof: Asphalt Shingle
Zoning: R-CG
No. of Parking Spaces: 4

Courtesy of: Honestdoor Inc.

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Approximate value for 4 bed, 2 bath house in this area is:

List Price
below Estimate List Price
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$1,099,000

List Price

$1,010,957

$1,207,047

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Market Price Trends

Single family detached

8.04%

Price change (1 year)

49.25%

Price change (5 years)

All Properties

6.47%

Price change (1 year)

44.45%

Price change (5 years)

Location of 1735 38 Avenue SW, Calgary, AB, T2T 2K3

Lifestyle
Neighbourhood

Demographic Information of 1735 38 Avenue SW, Calgary, AB, T2T 2K3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$326,574.49

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.21 %

High school certificate or equivalent

16.13 %

Apprenticeship trade certificate/diploma

2.49 %

College/non-university certificate

10.12 %

University certificate (below bachelor)

1.88 %

University Degree

63.17 %

Commuter

Travel To Work

By Car

76.51 %

By Public Transit

1.39 %

By Walking

4.43 %

By Bicycle

0.45 %

By Other Methods

17.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.46 %

Houses

87.54 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 1735 38 Avenue SW, Calgary, AB, T2T 2K3

Demographic Information of 1735 38 Avenue SW, Calgary, AB, T2T 2K3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1735 38 Avenue SW, Calgary, AB, T2T 2K3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing