JN REAL ESTATE GROUP

South Calgary

LIST PRICE

$1,498,000

1931 28 Avenue SW, Calgary · T2T 1K2

MLS A2312733 · 63 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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.

DETAILS

BUILDING

TYPE
Residential Land

LOT & EXTERIOR

LOT SIZE (SQFT)
7,803
LOT SIZE (ACRES)
0.18
FENCING
None

COMMUNITY

COMMUNITY
South Calgary
ZONING
R-CG
POSTAL CODE
T2T 1K2

UTILITIES & COSTS

ANNUAL TAXES
$5,954

LISTING COURTESY OF SID MERHI · LPT REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.