For Sale

3439, 33 Street SW, Alberta, Calgary

3 Beds 1 Bath 1092 Sqft

$1,250,000

About Property

An exceptional opportunity to secure a DP-approved, shovel-ready multi-family development site in Calgary’s desirable southwest. Approved for 11 units, this thoughtfully designed project includes 5 spacious three-bedroom, 2.5-bath above-grade units, 1 two-bedroom above-grade unit, 3 legal two-bedroom basement suites, and 2 one-bedroom basement suites—a highly efficient unit mix tailored for strong rental income and long-term investment performance. Positioned on a quiet, tree-lined street with rear lane access, the lot offers excellent frontage and depth—ideal for maximizing build efficiency and overall project returns. Located in a rapidly evolving inner-city pocket, the area continues to attract developers and investors due to its proximity to downtown, major transportation routes, schools, and everyday amenities. With the Development Permit already secured, a buyer can significantly reduce entitlement risk and timelines, creating a clear path to construction in an increasingly complex approval environment. This is a key advantage for builders and investors looking to deploy capital quickly and efficiently. The existing bungalow offers approximately 1,100+ sq ft above grade, providing holding income potential to help offset carrying costs during the planning or pre-construction phase. Surrounded by ongoing infill and multi-family development, this location continues to see strong demand from both tenants and end users, reinforcing strong long-term fundamentals and exit potential. A rare opportunity to acquire a high-yield, inner-city development site with approvals in place—build now or hold for future upside.

3 Bedrooms
1 Bathrooms
1092 sq ft
Garage
SingleFamilyResidence
Built 1953
Active
2 Floor
Interior Details
  • See Remarks
Outdoor Details
  • None
MLS Number
241485751
Price
$1,250,000

Bedrooms
3
Bathroom
1

Square Footage
1092 sq ft
Property Type
RES

Community Name
Features
Forced Air, In Unit

Parking Space Total
Lot Size
Bathroom Total
1
Bedrooms Total
3

Appliances
Wood Siding
Cooling Type
None

Constructed Date
1953
Heating Type
Forced Air

Pool
Exterior Finish
2 Storey

Fireplace Present
No
Fireplace Total
0

Flooring Type
Hardwood
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
2

Size Interior
1092
Total Finished Area
1092
Spaces

Details
None
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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