Calgary, AB T2T 1H1,1816 27 AVE SW
Calgary, AB T2T 1H1,1816 27 AVE SW
Calgary, AB T2T 1H1,1816 27 AVE SW
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$699,999
Est. payment /mo
3 Beds
2 Baths
630 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 630.0

Square Footage 630 sqft

Price per Sqft $1,111

Subdivision South Calgary

MLS Listing ID A2279256

Style Bungalow

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1912

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Detached

Property Description

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.

Location

Province AB

County Cal Zone Cc

Community Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Area Cal Zone Cc

Zoning M-C1

Direction SW

Rooms

Basement Other, Full

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Hardwood, Linoleum

Fireplace Yes

Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Laundry In Basement

Exterior

Exterior Feature Covered Courtyard, Fire Pit, Private Entrance, Private Yard

Parking Features Single Garage Attached

Garage Spaces 1.0

Fence Fenced

Community Features Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Covered

Total Parking Spaces 2

Garage Yes

Building

Lot Description Back Lane, Back Yard

Dwelling Type House

Faces S

Story One

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Restrictions None Known


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Listed by Creekside Realty
Ken Rigel

Ken Rigel

Team Lead

+1(403) 207-1748

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1816 27 AVE SW