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2048 38 Avenue SW
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Beds
5
Baths
2
Sqft
1,030
Year
1954
Type
Single Family
On market
53d
Located in a highly desirable area, this property is well suited as a family home, redevelopment opportunity, or long-term investment. Buyers can choose to live in the home, rent it out, or explore development potential, including the option to build a multiplex.The property offers excellent walkability and easy access to the revitalized Marda Loop district, known for its restaurants and boutique shops. River Park, a dog park, and the Elbow River pathway are all within a 15-minute walk, adding to the area’s strong recreational appeal.Inside, hardwood floors run through the entry, living room, hallways, and three bedrooms. The home also features a four-piece bathroom, a corner kitchen overlooking the backyard, and a separate side entrance to the basement, which includes two additional bedrooms, laundry, and a kitchen area—ideal for rental use.Contact your trusted realtor today to book a private showing. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 10.25 Ft | |
| Bedroom | 8.50 Ft x 11.67 Ft | |
| Bedroom | 13.58 Ft x 10.42 Ft | |
| Kitchen | 6.50 Ft x 10.83 Ft | |
| Recreational, Games room | 18.42 Ft x 11.67 Ft | |
| Furnace | 14.92 Ft x 11.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.50 Ft x 4.92 Ft | |
| Bedroom | 11.17 Ft x 11.50 Ft | |
| Primary Bedroom | 13.67 Ft x 9.92 Ft | |
| Bedroom | 9.08 Ft x 11.50 Ft | |
| Living room | 17.17 Ft x 12.00 Ft | |
| Kitchen | 7.83 Ft x 11.50 Ft | |
| Breakfast | 3.75 Ft x 8.25 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).
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 22, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.