A2192046 - 1728 29 Street SW,
Calgary, Alberta T3C1M4
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FOR SALE $3,095,000.00
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FOR SALE $3,095,000.00
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FOR SALE $3,095,000.00
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Elevate your real estate portfolio with this exceptional new construction rental project in Shaganappi, a prime inner-city Calgary community. This development offers eight rental suites across two buildings, featuring spacious UPPER UNITS OF 1361 sqft with THREE BEDROOMS and 2.5 baths, complemented by spacious 622 sqft 1-bedroom lower units. A 4-car detached garage with lane access adds convenience and value to this prime property, set for completion in June 2025.
Investors will appreciate the numerous benefits this opportunity presents. The large size units and prime location near downtown Calgary and major amenities ensure high demand and the potential for above-average rents. Situated on a generous 130ft lot, these townhomes boast a superior design that sets them apart from comparable developments in the area.
Low-maintenance Hardy board exteriors minimize upkeep costs, while high-efficiency HVAC systems contribute to energy savings and tenant comfort. The use of durable finishes throughout ensures long-term performance, making this an ideal addition to any investment portfolio.
Shaganappi’s desirable inner-city location combines the best of urban living with the charm of an established neighborhood. Residents will enjoy easy access to 17th Avenue, downtown, parks, shopping, and entertainment, making these units highly attractive to potential tenants.
This purpose-built revenue property in one of Calgary’s most sought-after neighborhoods represents a unique opportunity to invest in a high-quality, low-maintenance asset with strong income potential. The combination of prime location, thoughtful design, and modern amenities positions this development for long-term appreciation and steady rental income.
Don’t miss this chance to secure your stake in Calgary’s thriving real estate market. Contact Kam Dhillon today for more details and to explore how this exceptional investment opportunity can help you achieve your financial goals. With its prime location, superior construction, and strong rental potential, this Shaganappi development is poised to become a cornerstone of your real estate portfolio. Act now to be part of this exciting investment opportunity in one of Calgary’s most desirable communities. Priced with a 5.30% CAPITALIZATION RATE on rents of $2850 ($2.10 sqft) for upper units, $1450 ($2.20sqft) for lower suites and 20% op costs for a net income of approx $164,000 per year.
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ESSENTIAL
| MLS®: | A2192046 |
| Price: | 3,095,000.00 |
| Type: | Multi-Family |
| Sub Type: | Row/Townhouse |
| Style: | 2 Storey,Attached-Up/Down |
| Levels: | Two |
| Total Sqft: | 5444 Sqft. |
| Restrictions | None Known |
| DOM | 226 |
INTERIOR SNAPSHOT
| Heating: | Forced Air, Natural Gas |
| Basement: | Separate/Exterior Entry, Full, Suite |
COMMUNITY DETAILS
| Address: | 1728 29 Street SW, Calgary, Alberta T3C1M4 |
| City: | Calgary |
| Subdivision: | Shaganappi |
| County: | Calgary |
| Province: | Alberta |
| Postal Code: | T3C1M4 |
| School: | Schools |
| Housing: | Housing Market |
| Statistics: | Real Estate Statistics |
EXTERIOR
| Year Built: | 2025 |
| Structure Type: | Other |
| Frontage: | 15.24M 50`0" |
| Zoning: | RCG |
| Parking Total: | 4 |
ROOM DIMENSIONS
Parking Features:
Alley Access, Quad or More Detached
Courtesy: CIR Realty
Sean Gillis - RE/MAX Grande Prairie
Sean Gillis - RE/MAX Grande Prairie
Recent Customer Reviews
It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell
Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy
Shaganappi Housing Trends
| Real Estate Listings: | 32 | |
| Highest Price: | $3,095,000.00 | |
| Lowest Priced: | $149,000.00 | |
| Average Price: | $967,140.78 | |
| September 17th 3:00am | ||
5/5.0
It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell
5/5.0
Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency...
Riley Arguin - Buy
FAQs about 1728 29 Street SW, Calgary, Alberta, T3C1M4
1728 29 Street SW MLS® A2192046 has an approximate size of 5,444 Sq. Ft. located in Shaganappi.
Nearby secondary schools include Schools & resources
There are 0 bedrooms and 0 bathrooms in this Multi-Family listing at 1728 29 Street SW, MLS® A2192046.
This Multi-Family is priced at $3,095,000.
This property is located at 1728 29 Street SW, Calgary, Alberta, T3C1M4 in the Shaganappi community. View location on Google maps.
You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Shaganappi community resources page.
