Property Details

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1703 32 Street SW
Calgary (A2305076)

$999,800
4
2
995 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

Description

Approved 4-unit development (plus 4 legal suites) designed for maximum density and rental yield. Opportunities like this are rare—a fully prepped, shovel-ready inner-city development site where the heavy lifting has already been completed. Situated on a prime lot, this home is in liveable condition. There is a full illegal basement suite with bedroom and bathroom, and 3 bedrooms on the main level. The property has been rented until recently. This property comes with Development Permit (DP) approval in place, along with a fully approved Drainage Service Study Plan (DSSP), allowing a buyer to move forward with confidence and significantly reduced timelines. Extensive planning and due diligence have already been completed, including professional architectural designs and engineering work, eliminating months of upfront effort, uncertainty, and carrying costs. This is a true turnkey development opportunity, ideal for builders and investors looking to step directly into construction without the typical delays associated with approvals and servicing requirements. The approved plans maximize the site’s potential with a modern, efficient multi-unit layout designed to align with today’s market demand. With key approvals secured, this offering provides a clear and accelerated path to building permit and construction, making it a standout opportunity in today’s competitive development landscape. Located in a highly desirable inner-city area surrounded by ongoing redevelopment, strong resale values, and excellent access to amenities and transit, this property offers both immediate development potential and long-term upside. All supporting documentation is available, including approved plans, permits, and consultant reports. This is a rare chance to acquire a near shovel-ready project in one of the city’s most sought-after locations, skip the uncertainty and start building.

Property details

Basic Info

MLS® #
A2305076
Property Type:
Residential
Subtype:
Detached
Subdivision:
Shaganappi
Price
$999,800
Sale/Lease:
For Sale
Size:
995 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1951 (75 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached
Fence:
Fenced
Basement:
Full
Features:
Laminate Counters, See Remarks, Separate Entrance, Storage
Inclusions:
Electric Range and Refrigerator in the basement
Appliances:
Dryer, Electric Range, Refrigerator, Washer
Laundry:
None
Exterior Features:
Garden, Private Entrance, Private Yard
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Golf, Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Lot / Land Info

Lot Size:
0.13 acres
Lot Features:
Back Lane, Back Yard, Front Yard, Lawn, Level, Rectangular Lot
Zoning:
M-C2

Materials & Systems

Roof:
Asphalt Shingle, Metal
Exterior:
Wood Frame
Floors:
Hardwood, Tile
Foundation:
Poured Concrete
Heating:
Baseboard, Central, Forced Air
Cooling:
None
Amenities:
Golf, Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
Immediate,Negotiable
Days on Market:
1
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