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smartPRO RealtyRajesh Babunaidu, REALTOR®
  • 3218 29 Street SW, photo 1 of 6
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$799,900

3218 29 Street SW

Killarney/Glengarry, Calgary

  • 5 bedrooms
  • 2 bathrooms
  • 1,153 sq ft

About this home

**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:67770)

Facts

Bedrooms
5
Bathrooms
2
Living area
1,153 sq ft
Home type
House
Year built
1953
Lot size
580 square meters
Parking
2
Property taxes
$5,130 (2026)
MLS® number
A2351438

Features

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full, Separate entrance, Suite
Flooring
Carpeted, Linoleum
Appliances
See remarks
Parking
Parking Pad, Street
Exterior Features
Vinyl siding
Community Features
Golf Course Development

Rooms

RoomLevelSize
4pc BathroomMain level8.75 Ft x 4.92 Ft
BedroomMain level12.42 Ft x 11.25 Ft
BedroomMain level8.83 Ft x 11.25 Ft
KitchenMain level14.92 Ft x 14.67 Ft
Living roomMain level23.42 Ft x 12.58 Ft
Primary BedroomMain level13.33 Ft x 10.17 Ft
4pc BathroomBasement4.50 Ft x 9.75 Ft
BedroomBasement9.92 Ft x 10.08 Ft
BedroomBasement14.00 Ft x 12.33 Ft
KitchenBasement13.25 Ft x 10.33 Ft
Recreational, Games roomBasement23.75 Ft x 12.25 Ft
StorageBasement7.83 Ft x 4.50 Ft
FurnaceBasement5.92 Ft x 13.67 Ft

Location

Listed by CIR Realty

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