All photos · 50
1735 38 Avenue SW
Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS & 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.
- Listed
- Jul 23, 2026
- Property type
- Detached
- Year built
- 1957
- Parking total
- 4
- Basement
- Full
- Heating
- Forced Air, Natural Gas
- Cooling
- None
| Bedroom - Primary | Main | 13'8" x 13'3" |
| 4pc Bathroom | Main | 9'7" x 6'6" |
| Bedroom | Main | 11'6" x 10'1" |
| Bedroom | Main | 10'3" x 13'2" |
| Entrance | Main | 9'10" x 4'0" |
| Living Room | Main | 18'9" x 15'3" |
| Dining Room | Main | 10'7" x 11'6" |
| Kitchen | Main | 20'0" x 10'1" |
| Pantry | Main | 3'8" x 3'8" |
| Laundry | Basement | 10'3" x 8'7" |
| Game Room | Basement | 15'8" x 9'8" |
| Kitchen | Basement | 14'6" x 11'10" |
| Mud Room | Basement | 10'4" x 7'11" |
| Bedroom | Basement | 13'11" x 7'10" |
| 3pc Bathroom | Basement |
Measurements deemed reliable but not guaranteed.
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$6,362
Down payment: $259,000 · Loan: $1,036,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Honestdoor Inc. · Listing agent Michelle Plach
MLS®# A2330795 · Last modified 2026-09-03
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.
James Hughes, REALTOR® · CIR Realty