Listed By:
Creekside Realty
Address
1816 27 Avenue Sw, Calgary, AB
Price
$ 699,999
Property Attributes
  • ID#A2279256
  • TypeSingle Family
  • Listing Status Active
  • CityCalgary
  • AreaCAL Zone CC
  • NeighbourhoodSouth Calgary
  • Postal CodeT2T 1H1
  • StyleBungalow
  • Year Built1912
  • Price$ 699,999
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage630
  • Lot Size0.107484 Acres
Data Source:
Pillar 9 Technologies
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.

Price History
1/15/2026 Listed $699,999

General Features

Heating Forced Air
Cooling None
Roof Asphalt Shingle
Appliances Dishwasher,Refrigerator,Stove(s),Washer/Dryer
Zoning M-C1
Number of Garage Spaces 1
Restrictions None Known
Year Built 1912
Architectural Style Bungalow
Community Features Park,Playground,Pool,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
Levels One
Property Subtype Detached
Transaction Type For Sale
County Calgary
Property Type Residential
Subdivision Name South Calgary
Parking Total 2
Construction Materials Wood Frame
District CAL Zone CC
Full Baths 2
Status Active
City Calgary
Basement Development Finished
Structure Type House
Standard Status Active
Condo Type Not a Condo
Suite No

Interior Features

Interior Features See Remarks
Basement Full
Flooring Hardwood,Linoleum
Basement Features Other
Bedrooms Above Grade 1
Rooms Above Grade 1
Total Bedrooms 3
Below Grade Finished Area Unit Type SquareFeet
Total Baths 2
Laundry Features In Basement
Main Level Areas SquareFeet

Exterior Features

Exterior Features Covered Courtyard,Fire Pit,Private Entrance,Private Yard
Lot Features Back Lane,Back Yard
Fencing Fenced
Inclusions N/A
Parking Features Single Garage Attached
Frontage Length 11.43M 37`6
Foundation Poured Concrete
Lot Size Acres 0.11
Garage Y/N Yes
Lot Size Square Feet 4682
Frontage Ft 37.50
Patio And Porch Features Covered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata 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
AVG $700K
$700K
Year Built
AVG 1912
1912
Visits
AVG 443
850
Data Provided by Inside Real Estate®