Exceptional investment opportunity! This legally suited bungalow sits on a prime 50-ft lot with MC1 zoning, offering outstanding flexibility for redevelopment or long-term holding. Featuring separate entrances and generating over $3,000 per month in rental income, this property delivers immediate cash flow with strong upside potential.
Surrounded by infill developments selling for $512.43 per square foot, the area demonstrates proven value and continued growth. Whether you’re looking for a fabulous holding property with stable income or planning your next infill project, this lot presents amazing opportunities in a highly desirable location.
Secure cash flow today and capitalize on future appreciation tomorrow — an investor’s dream with both stability and scalability.
Address
3027 37 Street SW
List Price
$700,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary W
Sub-Area
Glenbrook
Bedrooms
5
Bathrooms
2
Floor Area
962 Sq. Ft.
Lot Size
5995 Sq. Ft.
Year Built
1958
MLS® Number
A2290169
Listing Brokerage
CIR Realty
Basement Area
Full
Postal Code
T3E 3B5
Zoning
M-C1
Site Influences
Back Lane, Back Yard, Low Maintenance Landscape, Landscaped, Schools Nearby, Shopping Nearby, Playground, Sidewalks, Street Lights