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1, 1524 29 Avenue SW
Move into the heart of South Calgary today with this brand-new, townhome that perfectly blends luxury, location, and low-maintenance living! Thoughtfully designed w/ 3 beds, 2.5 baths, and a LEGAL 1 BED SUITE (approved by the city), this is inner-city living without compromise! The interiors strike a perfect balance between modern luxury & livable design. Find high-end finishes that are rare to find at this price point — blonde wood tones, sleek custom cabinetry, and modern & thoughtful tile. Designer hardware, mid-century inspired embellishments, and a clean neutral palette give this space a fresh, elevated vibe. The kitchen is the heart of the home, designed w/ both form and function in mind. A large quartz island anchors the space w/ bar seating for casual meals or morning coffee. There's a full stainless steel appliance package, generous cabinetry, and a stylish backsplash that adds just the right amount of visual interest. It's open to the dining area and spacious living room & balcony, creating the perfect layout for hosting or just relaxing at home. And don’t forget the upscale powder room, complete w/ designer lighting. Upstairs, the primary suite feels like a boutique hotel retreat w/ a PRIVATE SOUTH BALCONY, a large walk-in closet, and a modern 3-pc ensuite w/ a fully tiled walk-in shower. Two additional bedrooms and a full bathroom give you space for guests, kids, or home office! And yes, there's a laundry room upstairs, tucked conveniently between bedrooms. Downstairs is perfectly set up for a mortgage helper, additional income generator, or the perfect spot for multi-generational living w/ a LEGAL 1-BED SUITE. The modern touches flow into this space as well, w/ an open kitchen & living room space w/ ceiling-height cabinetry, stainless steel appliances, and quartz countertops, complete w/ separate laundry, a great-sized bedroom, and a full 4-pc bathroom. There is a separate entrance to the suite for complete ease of use. The low-maintenance landscaping a nd a detached garage at the back are a serious bonus in the inner city. The backyard also features upright bike racks & secure CycleSafe lockers for added convenience. You’re tucked into a tree-lined street in South Calgary, but just a short stroll to absolutely everything. Our Daily Brett and South Calgary Pool & library are just at the end of the street, cSPACE King Edward’s arts & community programming is just a few blocks over, and all the everyday amenities in Marda Loop are w/in walking distance — Blush Lane Organic Market, Safeway, fitness studios, and an incredible lineup of restaurants. You’re minutes from 17th Ave’s restaurants & nightlife & a quick commute to downtown! Located within the catchment area for Western Canada High School & Mount Royal School, this home is surrounded by some of the the city’s top-ranked schools. Whether you're looking for a stylish new home in an established neighbourhood or a long-term rental property w/ strong demand, this unit is an incredible opportunity! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.42 Ft x 11.83 Ft | |
| Kitchen | 10.92 Ft x 11.50 Ft | |
| Laundry room | 3.33 Ft x 6.67 Ft | |
| 4pc Bathroom | 8.50 Ft x 9.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.33 Ft x 14.42 Ft | |
| Kitchen | 8.58 Ft x 12.58 Ft | |
| Dining room | 8.75 Ft x 9.75 Ft | |
| 2pc Bathroom | 4.83 Ft x 5.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Other | 6.17 Ft x 8.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 9.58 Ft x 13.75 Ft | |
| Other | 4.17 Ft x 8.58 Ft | |
| Bedroom | 8.42 Ft x 11.25 Ft | |
| Bedroom | 9.50 Ft x 9.58 Ft | |
| Laundry room | 2.92 Ft x 3.58 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.67 Ft | |
| 3pc Bathroom | 4.83 Ft x 8.58 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.05%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,845
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 13, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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