For Sale: 1816 27 Avenue SW, Calgary, AB - REW
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$699,999
3 bd • 2 ba • 630 sf • House
1816 27 Avenue SW
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$699,999
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1816 27th Avenue SWCalgary, AB, T2T 1H1

South Calgary
  • 3 Bed
  • 2 Bath
  • 630 Sqft
  • House

About this home

Development-ready opportunity in prime South Calgary, steps from Marda Loop! This exceptional MC-1 zoned lot comes with approved development permits and plans in place for a 3+3 six-plex, offering a rare chance to move forward immediately on a high-demand long-term rental project. Live in one unit and rent the remaining five, or hold as a pure income-generating investment. The property is currently tenant-occupied on a month-to-month lease at $1,800 per month, providing immediate cash flow while you prepare for redevelopment. Situated on a 37.5 ft x 125 ft lot, the property is surrounded by prestigious multi-million-dollar homes and is just a short walk to the vibrant Marda Loop district, known for its boutique shops, cafés, restaurants, fitness studios, and everyday amenities. This highly walkable location further enhances both lifestyle appeal and long-term rental demand. The existing bungalow has been well maintained and remains in excellent condition. Inside, the home features a bright and spacious living and dining area with hardwood flooring, an updated kitchen enhanced by a skylight, and a charming sunroom overlooking the landscaped backyard. The main level offers a generous primary bedroom and a renovated four-piece bathroom. The fully developed basement includes an additional bedroom, family room, three-piece bathroom, and ample storage and workshop space. Recent updates include a newer hot water tank and a serviced furnace, reflecting pride of ownership throughout. With quick access to downtown, transit, parks, schools, and all the amenities of Marda Loop and South Calgary, this property offers a rare combination of immediate rental income, approved development permits, and long-term upside. An outstanding opportunity for developers, investors, or anyone looking to secure a premium inner-city location with exceptional redevelopment potential.
Listed by: Harsh Uppal, Creekside Realty

Home facts and features

Price details
List Price
$699,999
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Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
1
Property Type
House
Lot Size
4792 ft²
Frontage
37.50 ft
Year Built
Built in 1912 (114 yrs old)
Style
Bungalow
Heating Type
Forced Air
Pool
Pool
Basement Details
Full
Features
Back Lane, Back Yard, Covered Courtyard, Fire Pit, In Basement, Park, Private Entrance, Private Yard, Schools Nearby, See Remarks, Sidewalks, Street Lights
Amenities
Playground, Shopping Nearby
Appliances
Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Community
Agent details
Primary Agent
Primary Broker
Creekside Realty
Secondary Agent
Secondary Broker
Creekside Realty
Listing details
Days on REW
145 Days
Property Views
136
MLS® Number
A2279256
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
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Property Insights

Richmond School
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Mount Royal School
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William Reid School
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Dr. Oakley School
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Sacred Heart Elementary School
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Sunalta School
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Earl Grey School
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Lycee Louis Pasteur
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Banbury Crossroads School
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Access International College
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Call Agent
Harsh Uppal
Phone:
403-400-0000
Office:
403-683-6000
Arun Uppal
Phone:
(403) 831-4050
Office:
403-683-6000
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