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2449 29 Avenue SW
Beds
5
Baths
4 full + 1 half
Sqft
2,031
Year
2026
Type
Single Family
On market
39d
Luxury living in Marda Loop just became more attainable—this brand new infill offers over 2,000 sq. ft. above grade, plus a legal 2-bedroom suite.Welcome to this brand new luxury infill in the highly desirable inner-city community of Richmond, offering 5 bedrooms & 3.5 bathrooms across three fully developed levels. Thoughtfully designed for modern living, this home combines upscale finishings, functional layout, & exceptional income potential. Featuring 9-foot ceilings on all levels — including the basement —, wide plank engineered hardwood throughout, & custom built-ins throughout all levels, this home delivers both style & versatility.The open-concept main floor is bright & inviting, highlighted by coffered ceilings in the living room. The chef-inspired kitchen showcases two-tone cabinetry with designer gray lowers & white uppers, a massive quartz waterfall island, professional appliance package, gas cooktop, built-in wall oven & microwave, plus a soon-to-be-installed pot filler. Custom built-ins enhance both the front entry & rear mudroom, complete with benches, hanging hooks & closet storage. A dedicated main floor office with built-in desk & cabinetry is complemented by a sleek glass wall & door for added light & privacy. The powder room is discreetly tucked away at the back of the home. Large south-facing sliding patio doors open to a spacious rear patio, ideal for enjoying sun throughout the day.Upstairs features three generously sized bedrooms, including a luxurious primary retreat. The spa-inspired ensuite offers a large walk-in shower with rain head + body jets, steam shower rough-in, deep soaker tub, & heated tile floors. The primary walk-in closet includes custom cabinetry, shelving, drawers, hanging space + a full-size mirror (soon to be installed). A full bathroom serves the secondary bedrooms. The oversized walk-in laundry room is designed with a quartz folding counter, sink, hanging rod + ample cabinetry.The fully legal 2-bedroom basement su ite is ideal for income, multigenerational living, or long-term flexibility. Designed with bedrooms on opposite ends for privacy, each includes large egress windows. Finished to a similar quality as the main level, it features a modern kitchen with quartz island seating, stainless steel appliances, custom built-ins, a spacious bathroom, & its own high-efficiency furnace. Potential rental income of approximately $2,000/month adds significant value.Located just steps from shops, restaurants, cafes, parks & schools, this home offers exceptional walkability while maintaining the charm of a family-friendly inner-city neighbourhood. A rare opportunity to own a turnkey luxury infill with income potential in one of Calgary’s most sought-after communities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 11.17 Ft x 4.83 Ft | |
| Bedroom | 9.92 Ft x 12.50 Ft | |
| Bedroom | 11.17 Ft x 11.17 Ft | |
| Kitchen | 11.42 Ft x 14.75 Ft | |
| Laundry room | 8.42 Ft x 5.58 Ft | |
| Recreational, Games room | 11.08 Ft x 14.75 Ft | |
| Furnace | 9.92 Ft x 6.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.42 Ft x 4.67 Ft | |
| Dining room | 13.42 Ft x 13.17 Ft | |
| Kitchen | 16.67 Ft x 15.42 Ft | |
| Living room | 15.83 Ft x 14.50 Ft | |
| Office | 5.25 Ft x 6.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.92 Ft | |
| 5pc Bathroom | 18.08 Ft x 9.08 Ft | |
| Bedroom | 14.25 Ft x 8.92 Ft | |
| Bedroom | 10.92 Ft x 12.42 Ft | |
| Family room | 11.83 Ft x 13.17 Ft | |
| Laundry room | 7.50 Ft x 6.50 Ft | |
| Primary Bedroom | 17.33 Ft x 12.17 Ft | |
| Other | 5.83 Ft x 8.42 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
-0.79%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,059
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 Jun 3, 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.