3218 29 Street SW Calgary, Alberta T3E 2L1

5 Bedroom 2 Bathroom 1,153 sqft
Bungalow None Forced Air

$799,900

**ATTENTION BUILDERS, DEVELOPERS & INVESTORS!** An outstanding opportunity to secure a full-size **50' x 125' inner-city lot in the highly sought-after community of Killarney!** With rear lane access and exciting redevelopment potential, this property is ideally suited for those looking for their next inner-city project. Adding to its appeal, **the neighbouring lot just received approval for rezoning to R-CG**, highlighting the redevelopment possibilities in this location. Whether you're considering a future infill project, townhome development, or exploring higher-density redevelopment options such as H-GO zoning, this substantial parcel offers exciting possibilities, subject to City approvals. **ADDED BONUS!** The existing property is a legally suited up/down duplex generating approximately **$3,400 per month in rental income**, featuring 3 bedrooms upstairs and 2 bedrooms downstairs. Great long-term tenants provide valuable holding income to help offset carrying costs while you explore rezoning, development plans, and permitting for your next project. Situated in an established inner-city neighbourhood surrounded by modern infills and ongoing redevelopment, the property is just minutes from downtown, schools, parks, transit, major routes, and the popular shops and restaurants of 17th Avenue SW. **BUY NOW, COLLECT RENT, AND PLAN FOR THE FUTURE!** A fantastic opportunity to secure a substantial inner-city lot with immediate rental income and exciting redevelopment potential in one of Calgary's most desirable communities! (id:52784)

Property Details

MLS® Number A2351438
Property Type Single Family
Community Name Killarney/Glengarry
Amenities Near By Golf Course, Park, Playground, Schools, Shopping
Community Features Golf Course Development
Features Treed, See Remarks, Back Lane, Level
Parking Space Total 2
Plan 5661o

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances See Remarks
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1953
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Vinyl Siding
Flooring Type Carpeted, Linoleum
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,153 Sqft
Total Finished Area 1153 Sqft
Type House

Parking

Street
Parking Pad

Land

Acreage No
Fence Type Fence
Land Amenities Golf Course, Park, Playground, Schools, Shopping
Size Depth 38.1 M
Size Frontage 15.27 M
Size Irregular 580.00
Size Total 580 M2|4,051 - 7,250 Sqft
Size Total Text 580 M2|4,051 - 7,250 Sqft
Zoning Description Dc

Rooms

Level Type Dimensions
Basement 4pc Bathroom 9.75 Ft x 4.50 Ft
Basement Bedroom 10.08 Ft x 9.92 Ft
Basement Bedroom 12.33 Ft x 14.00 Ft
Basement Kitchen 10.33 Ft x 13.25 Ft
Basement Recreational, Games Room 12.25 Ft x 23.75 Ft
Basement Storage 4.50 Ft x 7.83 Ft
Basement Furnace 13.67 Ft x 5.92 Ft
Main Level 4pc Bathroom 4.92 Ft x 8.75 Ft
Main Level Bedroom 11.25 Ft x 12.42 Ft
Main Level Bedroom 11.25 Ft x 8.83 Ft
Main Level Kitchen 14.67 Ft x 14.92 Ft
Main Level Living Room 12.58 Ft x 23.42 Ft
Main Level Primary Bedroom 10.17 Ft x 13.33 Ft

https://www.realtor.ca/real-estate/30384284/3218-29-street-sw-calgary-killarneyglengarry

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