Active
SOUTHVIEW
2026 27 Street Se, Calgary, AB
$575,000
Residential · MLS® A23142264Bedrooms
2Bathrooms
1,158Sq Ft
3Garage
1958Year Built
02 / Overview
PROPERTY OVERVIEW
** Prime Redevelopment Opportunity in Southview **
Nestled on a quiet street in the evolving community of Southview, this oversized pie-shaped lot is brimming with potential. The property features a spacious raised bungalow with a developed lower level—offering immediate living or rental potential while you plan future possibilities.
For those with a vision, the redevelopment potential is significant. A neighboring property was recently approved for a 10-suite, three-storey development, and this larger lot could offer a similar opportunity—pending City approval. Alternatively, update...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,158 sq ft
Lot Size7,459 sq ft
ZoningSingle Residential (SR)
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorDog Run • Garden • Kennel • Storage
BasementFull
Year Built1958
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$385After mortgage & expenses
Cap Rate3.7%Based on market rents
Cash on Cash Return-4.0%With 20% down payment
Est. Monthly Rent$2,227Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOUTHVIEW
Moderate InvestmentLoading map...
Investment Score73/100
Avg Home PriceN/A
Active ListingsN/A
Listed by George Byma · Real Broker