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$899,900
Alberta,Calgary
For Sale Active
929 38 Street SE, Calgary, Alberta T2A1A1
  • 10
  • 5
  • 3,034 Sqft
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Basic Details
Description

Exceptional high-income investment opportunity at 929 38 Street SE.?This massive two-storey property is purpose-built for room-by-room rentals, multi-family living, or extended family use, offering strong cash-flow potential in a high-demand rental location. Featuring over 4000 sq ft of developed living space, the home includes 10 bedrooms and 4 bathrooms with a highly functional layout designed for shared living. The upper

floor is thoughtfully designed with seven bedrooms and three bathrooms, including one bedroom with a private full ensuite, a five-piece bathroom shared between bedrooms, and an additional four-piece Jack-and-Jill bathroom, providing excellent usability and privacy for multiple occupants. A spacious bonus room further enhances the layout, while the very open floor plan and large windows throughout flood the home with natural light and strongly enhance tenant appeal. A large front foyer creates an inviting first impression. The main floor offers additional living space and a separate laundry room, while the fully self-contained LEGAL two-bedroom basement suite includes its own laundry and a generous living area, making the property exceptionally well suited for efficient room-by-room leasing or multi-family use. The home underwent a significant transformation in 2015, with upgrades including a newer roof, windows, hot water tank, updated kitchen, and renovated bathrooms, minimizing near-term capital expenditures. Solidly built, well maintained, and turnkey for income generation, this property offers both immediate revenue potential and long-term value.Additional investment highlights include: LEGAL basement suit, Double garage plus abundant on-site and street parking, Second entrance providing functional separation, Bright, open common areas enhanced by oversized windows, Prime location close to Marlborough Mall, 17 Avenue SE, LRT stations, schools, and major transit routes. Ideal for investors seeking strong monthly income, flexible rental configu rations, and long-term appreciation in an established Calgary neighbourhood. A rare opportunity to secure a large-scale residential income property — book your showing today. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2282727
  • Price: $899,900
  • Bedrooms: 10
  • Bathrooms: 5
  • Square Footage: 3,034 Sqft
  • Year Built: 1960
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 54517
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Finished, Full, Separate entrance, Suite
  • Fence: Not fenced
  • Parking: Other, Parking Pad, Attached Garage, Street, Oversize
  • Exterior Features: Stucco
  • Flooring: Laminate, Ceramic Tile, Hardwood
Address Map
  • Location: CA, Alberta, Calgary, Forest Lawn, T2A1A1
  • Street: 38
  • Street Number: 929
  • Street Suffix: Street
  • Longitude: W114° 1' 15.9''
  • Latitude: N51° 2' 39.2''
  • Street Dir Suffix: Southeast
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 644.00
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5874.38
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Listing updated: 2026-02-02 03:30:21
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Listing Information
  • List Agent Key: 1597516
  • List Office Key: 54517
  • Modification Timestamp: 2026-01-30T18:20:42Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-01-30T18:03:05Z
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Listing updated: 2026-02-02 03:30:21
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