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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:25325)
| MLS® Number | A2330795 |
| Property Type | Single Family |
| Community Name | Altadore |
| Amenities Near By | Golf Course, Playground, Schools, Shopping |
| Community Features | Golf Course Development |
| Features | See Remarks, Back Lane |
| Parking Space Total | 4 |
| Plan | 6405gl |
| Structure | Deck, Dog Run - Fenced In |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Appliances | See Remarks |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1957 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Flooring Type | Carpeted, Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,413 Sqft |
| Total Finished Area | 1412.6 Sqft |
| Type | House |
| Attached Garage | 2 |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Golf Course, Playground, Schools, Shopping |
| Landscape Features | Landscaped |
| Size Depth | 37.93 M |
| Size Frontage | 13.4 M |
| Size Irregular | 508.00 |
| Size Total | 508 M2|4,051 - 7,250 Sqft |
| Size Total Text | 508 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 10.25 Ft x 8.58 Ft | ||
| Basement | Recreational, Games Room | 15.67 Ft x 9.67 Ft | ||
| Basement | Kitchen | 14.50 Ft x 11.83 Ft | ||
| Basement | Other | 10.33 Ft x 7.92 Ft | ||
| Basement | Bedroom | 13.92 Ft x 7.83 Ft | ||
| Basement | 3pc Bathroom | Measurements not available | ||
| Main Level | Primary Bedroom | 13.67 Ft x 13.25 Ft | ||
| Main Level | 4pc Bathroom | 9.58 Ft x 6.50 Ft | ||
| Main Level | Bedroom | 11.50 Ft x 10.08 Ft | ||
| Main Level | Bedroom | 10.25 Ft x 13.17 Ft | ||
| Main Level | Other | 9.83 Ft x 4.00 Ft | ||
| Main Level | Living Room | 18.75 Ft x 15.25 Ft | ||
| Main Level | Dining Room | 10.58 Ft x 11.50 Ft | ||
| Main Level | Kitchen | 20.00 Ft x 10.08 Ft | ||
| Main Level | Pantry | 3.67 Ft x 3.67 Ft |
https://www.realtor.ca/real-estate/30073201/1735-38-avenue-sw-calgary-altadore
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