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2916 17 Street SE
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Beds
1
Baths
1
Sqft
1,217
Year
1913
Type
Single Family
On market
82d
Attention Builders, Developers & Investors! Exceptional DP APPROVED for 4 UNITS, infill opportunity in Inglewood, one of Calgary’s most iconic and in-demand inner-city communities. Approved for a back-to-back duplex with two legal basement suites (4 units total), this project is truly shovel-ready. Utilities have been disconnected, the demolition permit is approved, and the interior of the existing home has already been stripped down to the studs — no asbestos remediation required. Build immediately and capitalize this season. Situated just 8 minutes from downtown, Inglewood is renowned for its vibrant character, strong rental demand, and long-term appreciation. The neighborhood offers an unbeatable lifestyle with river pathways, parks, schools, breweries, boutiques, music venues, and some of Calgary’s top restaurants, all within walking distance. Easy access to transit and major roadways further enhances appeal for both end-users and tenants. This is a rare opportunity to develop in a high-barrier, mature inner-city location where new inventory is limited. Ideal for strong resale value, long-term rental hold, or investor exit, in a community that consistently outperforms. Don’t miss your chance to build in one of Calgary’s most established and sought-after neighborhoods. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 5.83 Ft x 9.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.83 Ft x 9.67 Ft | |
| 3pc Bathroom | — |
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
-6.98%
Cap rate
3.47%
GRM
16.6
Break-even rent
$3,111
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.
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.