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201, 1729 31 Street SW
Beds
5
Baths
5 full + 1 half
Sqft
1,823
Year
2025
Type
Single Family
On market
126d
Legal Secondary Suite with seperate entrance with great opportunity as the short term rental. Experience modern urban living in this brand-new, never-lived-in townhouse in the highly desirable community of Shaganappi, ideally located just a 7-minute walk to Westbrook CTrain Station for quick access to downtown and minutes from Shaganappi Point Golf Course, shopping, and dining including Walmart Westbrook, Shoppers Drug Mart Westbrook, and McDonald's Westbrook. Thoughtfully designed with luxury finishes throughout, the bright open-concept main floor seamlessly connects the kitchen, dining, and living areas, showcasing premium cabinetry, designer fixtures, and high-quality flooring that create an ideal space for both everyday living and entertaining. The second level offers three well-proportioned bedrooms and two full bathrooms, perfectly suited for family members, guests, or a dedicated home office, while the entire third floor serves as a private retreat featuring a spacious primary suite, bonus room, walk-in closet, and large ensuite that provides maximum privacy and an elevated sense of space rarely found in townhomes. A major highlight of this property is the fully legal secondary suite complete with its own private entrance, kitchen, bathroom, laundry, living area, and comfortable in-floor heating, offering exceptional flexibility for multi-generational living, extended family, guests, or rental income potential, including the possibility for short-term rental (subject to City of Calgary rules and licensing), with the added benefit of direct front access for enhanced privacy and convenience. The generous patio provides excellent outdoor living space ideal for summer BBQs and gatherings. Combining modern design, functional layout, income potential, and an unbeatable inner-city location, this home presents a rare opportunity to own a luxury townhouse in one of Calgary’s most established and convenient neighborhoods. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.25 Ft x 13.33 Ft | |
| 4pc Bathroom | 5.33 Ft x 7.83 Ft | |
| Bedroom | 10.67 Ft x 9.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 18.08 Ft x 10.50 Ft | |
| Dining room | 5.58 Ft x 13.92 Ft | |
| Other | 13.83 Ft x 12.58 Ft | |
| 2pc Bathroom | 5.83 Ft x 4.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.33 Ft x 9.50 Ft | |
| 3pc Bathroom | 9.75 Ft x 5.67 Ft | |
| Laundry room | 3.33 Ft x 3.08 Ft | |
| 4pc Bathroom | 5.33 Ft x 8.25 Ft | |
| Bedroom | 11.67 Ft x 10.17 Ft | |
| Bedroom | 12.17 Ft x 9.25 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.83 Ft x 10.92 Ft | |
| 4pc Bathroom | 8.50 Ft x 5.58 Ft | |
| Bonus Room | 12.67 Ft x 9.83 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
-0.98%
Cap rate
4.67%
GRM
13.9
Break-even rent
$5,118
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 31, 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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