2027 37 Street SW|Calgary, Alberta T3E3A5

CAD 774,900
For Sale MLS: A2238324

Property Details

Bedrooms

5

Bathrooms

2

Property Type

Single Family

Description

MLS Number: A2238324

Property Details: • Type: Single Family • Ownership Type: Freehold • Bedrooms: 3 + 2 • Bathrooms: 2 • Building Type: House • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Detached Garage (2) • Parking Spaces: N/A

Description: ATTENTION BUILDERS, DEVELOPERS, & INVESTORS! This is a great opportunity for a 58’ x 100’ M-C1 zoned lot in Glendale! Situated along vibrant 37 Street, this extra-wide lot is zoned M-C1, allowing for various redevelopment opportunities, including townhomes and residential (subject to city approval). Neighbouring lots have been approved for 6 units each, with parking at the rear. This location is fantastically walkable—just 7 minutes to amenities, including a Shoppers Drug Mart, and 12 minutes to Westbrook Mall, with Safeway and Walmart providing all your daily essentials. Public transit is right on the doorstep, plus the Westbrook LRT is just a 12-minute walk away. This property is a fantastic buy-and-hold investment. The existing home is in great shape, featuring a 3-bed main floor and a 2-bed basement illegal suite—both with their own in-suite laundry. The upper home has been renovated and is in excellent condition. Both units are currently rented to great tenants for over $3,000/month in combined earnings, allowing for additional rental income while you do up plans and get the permits for development. Seize this prime redevelopment opportunity in a thriving community—don’t miss your chance to invest in one of Calgary’s most desirable inner-city neighbourhoods! Reach out today for more information. (30822194)

Agent Information: • Agents: Michael Ferianec • Contact: 403-540-7950; 403-287-3876 • Brokerage: RE/MAX House of Real Estate

Time on Realtor: 2 days ago

Location

Address

2027 37 Street SW|Calgary, Alberta T3E3A5

City

Calgary

Features and Finishes

None

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