1735 38 Avenue SW
Calgary, AB, T2T 2K3
$1,099,000
4 Beds
2 Baths
1,412 SqFt
0.13 Acres
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MLS #A2330795 image #0
Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS &#38' INVESTORS! Rare redevelopment opportunities like this are becoming increasingly difficult to find in the heart of Altadore. Situated on an impressive 44’ x 124.5’ walk-out corner lot, this property is surrounded by luxury custom homes and high-end infill developments in one of Calgary’s most sought-after inner-city communities. R-CG zoned and offering exceptional redevelopment potential, this 5,478 sq. ft. property presents an outstanding opportunity to build a luxury custom home, premium semi-detached infills, or a townhouse development, subject to City of Calgary approval. The desirable walk-out configuration and prominent corner location provide outstanding design flexibility and strong long-term value. The existing raised bungalow offers excellent holding income while redevelopment plans are finalized. The upper level features a bright 3-bedroom layout with hardwood flooring, large windows, a spacious kitchen, and a raised rear deck overlooking the private backyard. The lower level contains a 1-bedroom illegal suite. The property has generated approximately $3,145 per month for the main floor (legal) rental income, providing immediate cash flow for investors and developers. Ideally located just steps from Kiwanis Park and within walking distance to River Park, Marda Loop’s restaurants, cafés, shopping, and everyday amenities, this property also offers quick access to downtown, Crowchild Trail, and major transportation routes. Whether you’re looking to build, hold, or invest, this is a rare opportunity to secure a large walk-out corner redevelopment parcel in one of Calgary’s strongest and most established luxury infill communities. Development concepts are for illustrative purposes only. All redevelopment is subject to City of Calgary approval, applicable zoning regulations, development permits, and building permits.

Property Details

Price:
$1,099,000
MLS #:
A2330795
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Altadore
Listed Date:
Jul 23, 2026
Finished Sq Ft:
1,412
Lot Size:
5,468 sqft / 0.13 acres (approx)
Year Built:
1957
AltadoreFullBack Lane,corner Lot,landscaped

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Schools

Interior

Appliances
See Remarks
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
Dog Run
Lot Features
Back Lane, Corner Lot, Landscaped
Parking Features
Double Garage Attached
Parking Total
4
Patio And Porch Features
Deck, Front Porch, Patio
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Jul 23, 2026
3,594
Single Family Listed
44
Avg DOM
488
Avg $ / SqFt
$860,764
Avg List Price

Property Summary

    Located in the Altadore subdivision, 1735 38 Avenue SW Calgary AB is a Single Family for sale in Calgary, AB, T2T 2K3. It is listed for $1,099,000 and features 4 beds, 2 baths, and has approximately 1,412 square feet of living space, and was originally constructed in 1957. The current price per square foot is $778. The average price per square foot for Single Family listings in Calgary is $488. The average listing price for Single Family in Calgary is $860,764. To schedule a showing of MLS#a2330795 at 1735 38 Avenue SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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1735 38 Avenue SW
Calgary, AB