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 for over $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.
Address
2027 37 Street SW
List Price
$774,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Calgary W
Sub-Area
Glendale
Bedrooms
5
Bathrooms
2
Floor Area
996 Sq. Ft.
Lot Size
5791 Sq. Ft.
Year Built
1954
MLS® Number
A2238324
Listing Brokerage
RE/MAX House of Real Estate
Basement Area
Full, Suite
Postal Code
T3E 3A5
Zoning
M-C1
Site Influences
Back Lane, Back Yard, Front Yard, Schools Nearby, Shopping Nearby, Park, Playground, Sidewalks, Street Lights
