1735 38 Avenue SW

Altadore · Marda Loop · Calgary · House · MLS® A2330795

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About this property

Click brochure link for more details. Attention builders, developers & investors! Rare redevelopment opportunities like this are becoming increasingly difficult to find in the heart of Altadore. Situated on an impressive 44’ x 124.5’ walk-out corner lot, this property is surrounded by luxury custom homes and high-end infill developments in one of Calgary’s most sought-after inner-city communities. R-CG zoned and offering exceptional redevelopment potential, this 5,478 sq. ft. property presents an outstanding opportunity to build a luxury custom home, premium semi-detached infills, or a townhouse development, subject to City of Calgary approval. The desirable walk-out configuration and prominent corner location provide outstanding design flexibility and strong long-term value. The existing raised bungalow offers excellent holding income while redevelopment plans are finalized. The upper level features a bright 3-bedroom layout with hardwood flooring, large windows, a spacious kitchen, and a raised rear deck overlooking the private backyard. The lower level contains a 1-bedroom illegal suite. The property has generated approximately $3,145 per month for the main floor (legal) rental income, providing immediate cash flow for investors and developers. Ideally located just steps from Kiwanis Park and within walking distance to River Park, Marda Loop’s restaurants, cafés, shopping, and everyday amenities, this property also offers quick access to downtown, Crowchild Trail, and major transportation routes. Whether you’re looking to build, hold, or invest, this is a rare opportunity to secure a large walk-out corner redevelopment parcel in one of Calgary’s strongest and most established luxury infill communities. Development concepts are for illustrative purposes only. All redevelopment is subject to City of Calgary approval, applicable zoning regulations, development permits, and building permits.

Above grade

1,412 sq ftas filed on the MLS® record

The $/sq ft on this page uses the above-grade figure only, because that is what the sold record it is compared against uses. Developed area includes the basement and is not comparable to it.

The full record

MLS® number

A2330795

Property type

House

Building type

House

Ownership

Freehold

Bedrooms

4 (3 up, 1 down)

Bathrooms

2

Floor area

1,412 sq ft

$ per sq ft

$917

Year built

1957

Storeys

1

Architectural style

Bungalow

Lot area

5,468 sq ft

Frontage

44.0 ft

Depth

124.4 ft

$ per sq ft of lot

$237

Zoning

R-CG

Basement

Full (Finished)

Basement features

Separate entrance, Suite

Foundation

Poured Concrete

Construction

Wood frame

Exterior finish

Stucco

Heating

Forced air · Natural gas

Flooring

Carpeted, Hardwood, Tile

Parking

Attached Garage · 4 spaces

Appliances

See remarks

Features

See remarks, Back lane

Land features

Landscaped

Fencing

Partially fenced

Outbuildings

Deck, Dog Run - Fenced In

Nearby

Golf Course, Playground, Schools, Shopping

Community

Golf Course Development

Legal plan

6405GL

Listed on

2026-07-23

Days on market

85

Room by room

Basement
Laundry room	10.2 × 8.6 ft
Recreational, Games room	15.7 × 9.7 ft
Kitchen	14.5 × 11.8 ft
Other	10.3 × 7.9 ft
Bedroom	13.9 × 7.8 ft
3pc Bathroom
Main level
Primary Bedroom	13.7 × 13.2 ft
4pc Bathroom	9.6 × 6.5 ft
Bedroom	11.5 × 10.1 ft
Bedroom	10.2 × 13.2 ft
Other	9.8 × 4.0 ft
Living room	18.8 × 15.2 ft
Dining room	10.6 × 11.5 ft
Kitchen	20.0 × 10.1 ft
Pantry	3.7 × 3.7 ft

Listing courtesy of Honestdoor Inc. · Michelle Plach. Data from the CREA Data Distribution Facility (DDF®), refreshed 2026-10-16 09:37, deemed reliable but not guaranteed. View on REALTOR.ca