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$699,999
Alberta,Calgary
For Sale Active
1816 27 Avenue SW, Calgary, Alberta T2T1H1
  • 3
  • 2
  • 630 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2279256
  • Price: $699,999
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 630 Sqft
  • Year Built: 1912
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 293654
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Finished, Full
  • Fence: Fence
  • Parking: Attached Garage
  • Architectural Style: Bungalow
  • Flooring: Hardwood, Linoleum
Address Map
  • Location: CA, Alberta, Calgary, South Calgary, T2T1H1
  • Street: 27
  • Street Number: 1816
  • Street Suffix: Avenue
  • Longitude: W115° 53' 49''
  • Latitude: N51° 1' 47.2''
  • Street Dir Suffix: Southwest
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 435.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3791
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Listing updated: 2026-01-15 04:47:36
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Listing Information
  • List Agent Key: 2176586
  • List Office Key: 293654
  • Modification Timestamp: 2026-01-15T02:05:48Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-01-15T01:58:17Z
Powered by REALTOR.ca
Listing updated: 2026-01-15 04:47:36
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