1816 27 Avenue SW, Calgary, AB, T2T 1H1

MLS® # A2279256

House For Sale In South Calgary, Calgary, Alberta

$699,999 QuickQuote^TM: $697K - $832K

1+2 Beds

2 Baths

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1816 27 Avenue Sw, Calgary, AB - Outdoor

1816 27 Avenue Sw, Calgary, AB - Outdoor With View

1816 27 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen

1816 27 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room

1816 27 Avenue Sw, Calgary, AB - Indoor Photo Showing Bathroom

1816 27 Avenue Sw, Calgary, AB - Indoor Photo Showing Laundry Room

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1816 27 Avenue SW, Calgary, AB, T2T 1H1

$699,999

3 Beds

2 Baths

Property Information:

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.

Inclusions: N/A

Building Features:

Total Finished Area: 630.00

Property Features:

Architectural Style: Bungalow
Built in: 1912
Construction Materials: Wood Frame
Cooling: None
Exterior Features: Covered Courtyard, Fire Pit, Private Entrance, Private Yard
Floor Space (approx): 630.00 Square Feet
Flooring: Hardwood, Linoleum
Foundation Details: Poured Concrete
Heating: Forced Air
Interior Features: See Remarks
Levels: One
Lot Size: 4682.00 Square Feet
Parking Features: Single Garage Attached
Roof: Asphalt Shingle
Zoning: M-C1
No. of Parking Spaces: 2

Courtesy of: Creekside Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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