For Sale: 1735 38 Avenue SW, Calgary, AB - REW
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$1,099,000
4 bd • 2 ba • 1413 sf • House
1735 38 Avenue SW
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$1,099,000
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1735 38th Avenue SWCalgary, AB, T2T 2K3

Altadore
  • 4 Bed
  • 2 Bath
  • 1413 Sqft
  • House

About this home

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.
Listed by: Michelle A Plach, HonestDoor Inc

Home facts and features

Price details
List Price
$1,099,000
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Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
2
Property Type
House
Lot Size
5663 ft²
Frontage
43.97 ft
Year Built
Built in 1957 (69 yrs old)
Style
Bungalow
Heating Type
Forced Air,Natural Gas
Basement Details
Full
Features
Back Lane, Corner Lot, Dog Run, In Basement, Landscaped, Schools Nearby
Amenities
Golf Course, Playground, Shopping Nearby
Appliances
See Remarks
Community
Agent details
Primary Agent
Primary Broker
HonestDoor Inc
Listing details
Days on REW
1 Day
MLS® Number
A2330795
Source
Pillar 9
Board
Calgary Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Dr. Oakley School
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Rundle College Academy
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Altadore School
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Lycee Louis Pasteur
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William Reid School
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Master's College
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Master's Academy
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Banbury Crossroads School
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Access International College
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Horizon Leadership Academy
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Call Agent
Michelle Plach
Phone:
780-235-6860
Office:
780-965-4662
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.