ActiveNew

$799,900

3218 29 Street SWKillarney/Glengarry, Calgary, AB T3E 2L1

  • 5 beds
  • 2 baths
  • 1,153 sq ft
  • Detached

Listing courtesy of CIR Realty · MLS® A2351438

About this home

**ATTENTION BUILDERS, DEVELOPERS & INVESTORS!** An outstanding opportunity to secure a full-size **50' x 125' inner-city lot in the highly sought-after community of Killarney!** With rear lane access and exciting redevelopment potential, this property is ideally suited for those looking for their next inner-city project. Adding to its appeal, **the neighbouring lot just received approval for rezoning to R-CG**, highlighting the redevelopment possibilities in this location. Whether you're considering a future infill project, townhome development, or exploring higher-density redevelopment options such as H-GO zoning, this substantial parcel offers exciting possibilities, subject to City approvals. **ADDED BONUS!** The existing property is a legally suited up/down duplex generating approximately **$3,400 per month in rental income**, featuring 3 bedrooms upstairs and 2 bedrooms downstairs. Great long-term tenants provide valuable holding income to help offset carrying costs while you explore rezoning, development plans, and permitting for your next project. Situated in an established inner-city neighbourhood surrounded by modern infills and ongoing redevelopment, the property is just minutes from downtown, schools, parks, transit, major routes, and the popular shops and restaurants of 17th Avenue SW. **BUY NOW, COLLECT RENT, AND PLAN FOR THE FUTURE!** A fantastic opportunity to secure a substantial inner-city lot with immediate rental income and exciting redevelopment potential in one of Calgary's most desirable communities!

Key facts

Type
Detached
Style
Bungalow
Year built
1953
Living area
1,153 sq ft
Lot
6,243 sq ft (50 x 125)
Bedrooms
5 (3 above grade, 2 below)
Bathrooms
2 full
Basement
Full, Finished
Parking
Additional Parking, 2 spaces total
Price per sq ft
$694
Days on market
2
Listed
October 8, 2026
Community
Killarney/Glengarry
Municipality
Calgary

Features

Interior

Features
See Remarks
Appliances
See Remarks
Flooring
Carpet, Linoleum
Heating
Forced Air, Natural Gas
Laundry
Common Area
Basement features
Separate/Exterior Entry
Included
None

Suite

Suite
Yes
Details
Basement, Main Floor
Location
Suite Attached/Within Primary Dwelling
Legal suites
2

Building

Structure
House
Levels
One
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior & lot

Lot
Back Lane, Back Yard, Front Yard, Level, Rectangular Lot, Street Lighting, Treed
Patio / porch
Front Porch, Patio
Fencing
Fenced
Front faces
W
Lot size
6,243 sq ft (50 x 125)
Zoning
DC

Parking

Total parking
2
Details
Additional Parking, On Street, Outside, Parking Pad

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights

Rooms

RoomLevelSize
4pc BathroomMain4'11" x 8'9"
BedroomMain11'3" x 12'5"
BedroomMain11'3" x 8'10"
KitchenMain14'8" x 14'11"
Living RoomMain12'7" x 23'5"
Bedroom - PrimaryMain10'2" x 13'4"
4pc BathroomBasement9'9" x 4'6"
BedroomBasement10'1" x 9'11"
BedroomBasement12'4" x 14'0"
KitchenBasement10'4" x 13'3"
Game RoomBasement12'3" x 23'9"
StorageBasement4'6" x 7'10"
Furnace/Utility RoomBasement13'8" x 5'11"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$3,755
  • Mortgage $3,755

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $54,990.

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Listing last updated: Oct 8, 2026, 8:50 p.m.