Positioned on a prime corner lot with rear alley access in a highly accessible inner-city location near LRT train stations and downtown, this property presents an exceptional high-density redevelopment site and multi-stream investment opportunity. Designated under Calgary’s R-CG (Residential – Grade-Oriented Infill) zoning, the site offers direct potential for higher-density residential projects such as multi-unit rowhouses or townhouses with secondary suites. The corner configuration combined with full lane access streamlines project design by routing parking and vehicular entry to the rear, maximizing street frontage, optimizing lot coverage, and simplifying site planning for future construction.
The existing structure provides immediate income generation across multiple hold strategies. The main level is configured with three bedrooms, a four-piece bathroom, a dedicated kitchen, and defined living and dining spaces. The lower level houses a fully legal basement suite featuring a private separate entrance, two bedrooms, a four-piece bathroom, a complete kitchen, and a living area. A shared laundry area is located in a common space for convenance between both units. Exterior features include a detached single-car garage along with substantial additional off-street parking space to accommodate multiple tenants or vehicles.
This functional layout accommodates a variety of buyer profiles and investment models. An investor can immediately lease both upper and lower units to maximize rental cash flow, or hold the property while securing municipal permits for future development. An owner-occupant or renovator can choose to update the home, live on the main floor, and utilize the legal suite as a mortgage helper, or renovate both units to optimize rental yields. Proximity to transit corridors, train stations, and core downtown services ensures sustained tenant demand and long-term land value.
Address
3816 26 Avenue SW
List Price
$629,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary W
Sub-Area
Glendale
Bedrooms
4
Bathrooms
2
Floor Area
1,231 Sq. Ft.
Lot Size
5651 Sq. Ft.
Year Built
1956
MLS® Number
A2335793
Listing Brokerage
MaxWell Capital Realty
Basement Area
Full
Postal Code
T3E 0N8
Zoning
R-CG
Site Influences
Back Lane, Corner Lot, Schools Nearby, Shopping Nearby, Park, Playground, Sidewalks, Street Lights, Street Lighting
