1735 38 Avenue SW, Calgary, AB T2T2K3
1735 38 Avenue SW, Calgary, AB T2T2K3
1735 38 Avenue SW, Calgary, AB T2T2K3
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Prana Real Estate Ltd

Prana Real Estate Ltd

+1(403) 669-6360
$1,099,000
Est. payment /mo
4 Beds
2 Baths
1,413 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1413

Square Footage 1,413 sqft

Price per Sqft $777

Subdivision Altadore

MLS® Listing ID A2330795

Style Bungalow

Bedrooms 4

Year Built 1957

Lot Size 5,468 Sqft

Acres 0.12552953

Property Sub-Type Freehold

Property 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. (id:24570)

Location

Province AB

Rooms

Kitchen 2.0

Extra Room 1 Basement 10.25 Ft x 8.58 Ft Laundry room

Extra Room 2 Basement 15.67 Ft x 9.67 Ft Recreational, Games room

Extra Room 3 Basement 14.50 Ft x 11.83 Ft Kitchen

Extra Room 4 Basement 10.33 Ft x 7.92 Ft Other

Extra Room 5 Basement 13.92 Ft x 7.83 Ft Bedroom

Extra Room 6 Basement Measurements not available 3pc Bathroom

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Hardwood, Tile

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Partially fenced

Community Features Golf Course Development

View Y/N No

Attached Garage Yes

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Prana Real Estate Ltd

Prana Real Estate Ltd

+1(403) 669-6360

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