3218 29 Street Sw, Calgary, Alberta

$799,900

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5

Beds

2

Baths

1,153

Square feet

0.14

Acres

About 3218 29 Street Sw

**ATTENTION BUILDERS, DEVELOPERS & INVESTORS!** An outstanding opportunity to secure a full-size **50' x 125' inner-city lot in the highly sought-after community of Killarney!** With rear lane access and exciting redevelopment potential, this property is ideally suited for those looking for their next inner-city project. Adding to its appeal, **the neighbouring lot just received approval for rezoning to R-CG**, highlighting the redevelopment possibilities in this location. Whether you're considering a future infill project, townhome development, or exploring higher-density redevelopment options such as H-GO zoning, this substantial parcel offers exciting possibilities, subject to City approvals. **ADDED BONUS!** The existing property is a legally suited up/down duplex generating approximately **$3,400 per month in rental income**, featuring 3 bedrooms upstairs and 2 bedrooms downstairs. Great long-term tenants provide valuable holding income to help offset carrying costs while you explore rezoning, development plans, and permitting for your next project. Situated in an established inner-city neighbourhood surrounded by modern infills and ongoing redevelopment, the property is just minutes from downtown, schools, parks, transit, major routes, and the popular shops and restaurants of 17th Avenue SW. **BUY NOW, COLLECT RENT, AND PLAN FOR THE FUTURE!** A fantastic opportunity to secure a substantial inner-city lot with immediate rental income and exciting redevelopment potential in one of Calgary's most desirable communities!

Features of 3218 29 Street Sw

MLS® # A2351438
Price $799,900
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,153
Acres 0.14
Year Built 1953
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 3218 29 Street Sw
Subdivision Killarney/Glengarry
City Calgary
County Calgary
Province Alberta
Postal Code T3E 2L1

Amenities

Parking Spaces 2
Parking Additional Parking, On Street, Outside, Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances See Remarks
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Features None
Lot Description Back Lane, Back Yard, Front Yard, Level, Rectangular Lot, Street Lighting, Treed
Roof Asphalt Shingle
Construction Vinyl Siding
Foundation Poured Concrete

Additional Information

Date Listed October 8th, 2026
Days on Market 1
Zoning DC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCIR Realty

Listing Map