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Reduced $25,000 (3%) from $745,000
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1708 29 Street SW
Welcome to your new HOME SWEET HOME in SHAGANAPPI! This property offers a prime redevelopment opportunity in the heart of one of Calgary's most desirable inner-city communities just steps from the LRT, 17th Ave and its hot spots, the Shaganappi Golf Course and Downtown Calgary. Situated on a LARGE 45 x 130 FT LOT, this is an excellent opportunity to secure a well located inner-city property with strong future potential. Zoned R-CG (Residential – Grade-Oriented Infill District), the lot allows for a range of development options including row houses, townhomes, duplexes, and secondary suites (subject to City of Calgary approval). The well maintained home offers over 2,300 sq ft of above grade living space with a spacious layout including a large living room, separate family room, and a good sized kitchen. A unique feature is the attached indoor pool area (approx. 15 ft x 31 ft), which connects to the rear attached garage and creates a larger overall footprint. Upstairs includes 2 bedrooms and a full bathroom, while the basement offers 2 additional bedrooms, another full bathroom, and a large storage area. RECENT UPDATES include newer hardwood floors, newer hot water tank, new garburator, updated kitchen and main bathroom faucets, and a new garage door (December 2025). The backyard is low maintenance with a combination of concrete and grass. Property is being sold AS-IS, WHERE-IS. Pool was disconnected in 2018 but was used prior to that. Water heater and water circulation pump were replaced in 2016. Ideal for builders, developers, or investors looking to take advantage of the R-CG zoning and lot size in an established inner city community. Book your showing today! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.42 Ft x 6.83 Ft | |
| Bedroom | 14.50 Ft x 10.58 Ft | |
| Primary Bedroom | 14.75 Ft x 10.83 Ft | |
| Storage | 17.58 Ft x 16.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 30.75 Ft x 12.33 Ft | |
| Kitchen | 14.42 Ft x 12.00 Ft | |
| Living room | 35.25 Ft x 14.25 Ft | |
| Other | 31.83 Ft x 14.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.17 Ft x 7.92 Ft | |
| Bedroom | 12.08 Ft x 13.42 Ft | |
| Bedroom | 11.58 Ft x 13.42 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
-1.00%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,451
Financing
Operating expenses (monthly)
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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 10, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
1.9 km away
10.5 km away
11.2 km away
11.4 km away
13.6 km away
Elementary
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
10.2 km away
10.3 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
11.1 km away
Halal grocery
Amir Halal Meats & Grocery
10.2 km away
Shaheen Grocery, Bakery & Halal Meat
14.1 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.