2027 37 Street Sw, Calgary

$774,900

5 Beds
2 Baths
996 Sqft
.13 Acres
2 Garages

ATTENTION BUILDERS, DEVELOPERS, & INVESTORS! This is a great opportunity for a 58’ x 100’ M-C1 zoned lot in Glendale! Situated along vibrant 37 Street, this extra-wide lot is zoned M-C1, allowing for various redevelopment opportunities, including townhomes and residential (subject to city approval). Neighbouring lots have been approved for 6 units each, with parking at the rear. This location is fantastically walkable—just 7 minutes to amenities, including a Shoppers Drug Mart, and 12 minutes to Westbrook Mall, with Safeway and Walmart providing all your daily essentials. Public transit is right on the doorstep, plus the Westbrook LRT is just a 12-minute walk away. This property is a fantastic buy-and-hold investment. The existing home is in great shape, featuring a 3-bed main floor and a 2-bed basement illegal suite—both with their own in-suite laundry. The upper home has been renovated and is in excellent condition. Both units are currently rented to great tenants at approx. $3,000/month in combined earnings, allowing for additional rental income while you do up plans and get the permits for development. Seize this prime redevelopment opportunity in a thriving community—don’t miss your chance to invest in one of Calgary’s most desirable inner-city neighbourhoods! Reach out today for more information.

Essential Information
MLS® #A2238324
Price$774,900
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage996
Acres0.13
Year Built1954
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address2027 37 Street Sw
SubdivisionGlendale.
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3E 3A5
Amenities
Parking Spaces2
ParkingDouble Garage Detached
# of Garages2
Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementFull, Suite
Interior Features

Breakfast Bar, Built-in Features, See Remarks

Appliances

Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings

Exterior
Exterior FeaturesPrivate Entrance, Private Yard
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Front Yard

Additional Information
ZoningM-C1
Listing Details
OfficeRE/MAX House of Real Estate
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