Property Details

1931 28 Avenue SW
Calgary (A2312733)

$1,550,000
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Rare redevelopment opportunity in sought-after Marda Loop positioned on one of the highest elevation points in the community with breathtaking downtown skyline views from EVERY level. This oversized 62.7 ft property has already been subdivided into 2 premium build-ready lots, offering a rare turnkey development opportunity while saving significant time, cost, and complexity. Fully rezoned for 2 luxury detached homes with Development Permits approved and architectural drawings available, this is a true shovel-ready project with the previous structure already removed. Approved plans feature 2 striking modern 3-storey residences, each offering approximately 2,900 sq.ft above grade and thoughtfully designed for today’s luxury inner-city market. Proposed homes include expansive open-concept layouts maximizing natural light and skyline exposure, large view-facing balconies, floor-to-ceiling windows, and attached 3-car tandem garages. The elevated positioning and unobstructed city views create a standout luxury product rarely available in Calgary’s inner-city market. One of the last undeveloped opportunities remaining on the street, this property offers exceptional potential for builders, developers, and investors looking to move quickly on a premium project in one of Calgary’s most desirable communities. Estimated resale values are projected in the $2M–$2.2M+ range per home depending on final finishes. Incredible location close to parks, schools, shopping, restaurants, and all the amenities Marda Loop has to offer. Offered at $775,000 per lot.

Property details

Basic Info

MLS® #
A2312733
Property Type:
Land
Subtype:
Residential Land
Subdivision:
South Calgary
Price
$1,550,000
Sale/Lease:
For Sale

Building Info

Garage:
No
Basement:
No
Inclusions:
na

Lot / Land Info

Lot Size:
0 acres
Zoning:
R-CG

Listing Info

Possession:
15 Days / Neg
Days on Market:
48
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

    Ask a question
    • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    Share This Listing
    Share Button
    Related Properties
    Apply Online