929 38 Street, Calgary
2 Storey Detached Home for Sale
- MLS®#: A2282727
- Price: $899,900
- Bedrooms: 10
- Bathrooms: 5(full) 0(half)
- Parking: 11
- Status: Active
- Year Built: 1960
Exceptional high-income investment opportunity. Eight bedrooms up, with a two bedroom legal basement suite. This massive two-storey property is purpose-built for room-by-room rentals, multi-family living, or extended family use, offering strong cash-flow potential in a high-demand rental location. Featuring over 4000 sq ft of developed living space, the home includes 10 bedrooms and 4 bathrooms with a highly functional layout designed for shared living. The upper floor is thoughtfully designed with seven bedrooms and three bathrooms, including one bedroom with a private full ensuite, a five-piece bathroom shared between bedrooms, and an additional four-piece Jack-and-Jill bathroom, providing excellent usability and privacy for multiple occupants. A spacious bonus room further enhances the layout, while the very open floor plan and large windows throughout flood the home with natural light and strongly enhance tenant appeal. A large front foyer creates an inviting first impression. The main floor offers additional living space and a separate laundry room, while the fully self-contained LEGAL two-bedroom basement suite includes its own laundry and a generous living area, making the property exceptionally well suited for efficient room-by-room leasing or multi-family use. The home underwent a significant transformation in 2015, with upgrades including a newer roof, windows, hot water tank, updated kitchen, and renovated bathrooms, minimizing near-term capital expenditures. Solidly built, well maintained, and turnkey for income generation, this property offers both immediate revenue potential and long-term value.Additional investment highlights include: LEGAL basement suit, Double garage plus abundant on-site and street parking, Second entrance providing functional separation, Bright, open common areas enhanced by oversized windows, Prime location close to Marlborough Mall, 17 Avenue SE, LRT stations, schools, and major transit routes. Ideal for investors seeking strong monthly income, flexible rental configurations, and long-term appreciation in an established Calgary neighbourhood. A rare opportunity to secure a large-scale residential income property — book your showing today. City Assessment came in at 950 K.
Contact Laura Ipsum About MLS® A2282727
Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3
property information
- Property Type: Detached Home
- MLS®#: A2282727
- Style: 2 Storey
- Year Built: 1960
- Lot Shape: Corner Lot,Low Maintenance Landscape,Rectangular Lot
- Total Floor Area: 3,034 sq.ft
Community Information
- Address: 929 38 Street
- Neighbourhood: Forest Lawn
- City: Calgary
- Postal Code: T2A 1A1
interior
- Included: Furniture may be negotiable on an offer
- Bedrooms: 10 (Bedrooms Above: 8)
- Bathrooms: Full: 5
- Rooms Above Grade: 13
- Fireplace Details: For Sale
- Basement: Full, Full
- Floor Finish: Ceramic Tile, Hardwood, Laminate
exterior
- Exterior Features: Corner Lot, Low Maintenance Landscape, Rectangular Lot
- Exterior Finish: Stucco, Wood Frame
- Construction: Stucco,Wood Frame
- Roof: Asphalt Shingle
- Front Exposure: S
- Frontage: 38.41M 126`0" metres
services & amenities
- Parking: Double Garage Attached, Driveway, Off Street, On Street, Oversized, Parking Pad, Stall (11 Total Parking Spaces)
- Heating: Forced Air
- Heating: Forced Air
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