Primary on Main
Address
1816 27 Avenue Sw, Calgary, AB
Price
$ 699,999
Property Attributes
- ID#A2279256
- TypeSingle Family
- Listing Status Active
- MunicipalityCalgary
- CountyCalgary Real Estate Board
- CityCalgary
- AreaSouth Calgary
- NeighborhoodSouth Calgary
- ZipT2T 1H1
- StyleBungalow
- Year Built1912
- Price$ 699,999
- Bedrooms1+2
- Bathrooms2
- Half Bathrooms0
- Sqr Footage630
Data Source:
Canadian Real Estate Association (CREA)
Property 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:7434)
General Features
| Features | See remarks, Back lane |
|---|---|
| Property Type | Single Family |
| Zoning Description | M-C1 |
| CommunityName | South Calgary |
| Amenities | Park, Playground, Recreation Nearby, Schools, Shopping |
| Building Appliances | Refrigerator, Dishwasher, Stove, Washer & Dryer |
| Building Architectural Style | Bungalow |
| Building Cooling Type | None |
| Parking Space Total | 2 |
| Foundation Type | Poured Concrete |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Construction Material | Wood frame |
| Construction Style Attachment | Detached |
| Flooring Type | Hardwood, Linoleum |
| Living Area Range | 630 |
| Bedrooms | 1+2 |
Exterior Features
| Land Amenities | Park, Playground, Recreation Nearby, Schools, Shopping |
|---|---|
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 3pc Bathroom | Measurements not available | Basement | ||
| 4pc Bathroom | .00 Ft x .00 Ft | Main level | ||
| Bedroom | 12.00 Ft x 10.00 Ft | Basement | ||
| Primary Bedroom | 11.17 Ft x 7.25 Ft | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T2T 1H1
Price
Year Built
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned
