$1,075,000
1816 28 Avenue SW
Beds
5
Baths
2
Sqft
—
Year
1954
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Welcome to 1816 28 Avenue SW, an exceptional development opportunity in the heart of Marda Loop. Zoned MC-1 and situated on a large 50 x 125 foot lot, this property offers excellent density potential in one of Calgary’s fastest-growing inner-city neighbourhoods. The location provides outstanding walkability to 33 Avenue SW, quick access to 17th Avenue, nearby parks, schools, recreational facilities, and efficient access to the downtown core, making it highly attractive for future residents. The existing two-level duplex with a legal walkout lower suite offers immediate rental income while planning future development. The lot layout also allows for strong parking potential, a valuable asset in an inner-city setting. With the potential to develop up to eight condominium units, including four primary suites and four secondary suites, this property presents a rare and compelling opportunity for investors and developers seeking exceptional value in a prime location. This street itself has seen significant development, adding to the area’s appeal and long-term growth potential. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- South Calgary
- Common interest
- Freehold
- Living area
- 1,165 square feet
- Lot size
- 580 square meters
- Lot dimensions
- 580.00
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 4 total
- Stories
- 1
- On market
- Feb 20, 2026
- Status changed
- Apr 13, 2026
- Annual tax
- $5,138.92 (2025)
- Zoning
- M-C1
- Photos
- 12
- MLS#
- A2286723
- Area
- CALGARY_SW
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Foundation
Lot
Cash on cash
-11.64%
Cap rate
3.56%
GRM
16.7
Break-even rent
$7,571
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.
Lifestyle nearby this address
Schools, halal food/grocery, mosques, parks, transit, and daily errands. Toggle categories to compare what actually matters from this address.
Halal grocery
Dahlak al food store
1208 14 Ave SW Suite 101, Calgary, AB T3C 0V9, Canada
3.9 rating · 47 reviews
1.6 km
~3 min
2.7 km
~4 min
FOOD WORLD Halal Meat and Grocery
1916 37 Street SW, Calgary, AB T3E 3A3, Canada
3.8 rating · 162 reviews
2.8 km
~4 min
Halal restaurant
1.2 km
~2 min
Nile Cafe & Lounge
1131 17 Ave SW, Calgary, AB T2T 0B6, Canada
4.6 rating · 507 reviews
1.4 km
~2 min
1.5 km
~2 min
Mosque
2.4 km
~4 min
pàlíser
605 5 St SW, Calgary, AB T2P 0Y3, Canada
5.0 rating · 1 reviews
2.9 km
~5 min
1 Tamarac Crescent SW, Calgary, AB T3C 3B7, Canada
5.0 rating · 4 reviews
3.2 km
~5 min
Park
Canoe Park
122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada
4.0 rating · 3 reviews
12.3 km
~20 min
Douglasdale Ball Park
135 Douglas Park Blvd SE, Calgary, AB T2Z 2M5, Canada
4.3 rating · 3 reviews
12.6 km
~20 min
Douglasdale Point Park
Calgary, AB T2Z 3B3, Canada
4.8 rating · 6 reviews
13.3 km
~21 min
Elementary
Richmond School | Calgary Board of Education
2701 22 St SW, Calgary, AB T2T 5G5, Canada
0.8 km
~1 min
1312 15 St SW, Calgary, AB T3C 1G2, Canada
1.4 km
~2 min
Earl Grey School | Calgary Board of Education
845 Hillcrest Ave SW, Calgary, AB T2T 0Z1, Canada
1.5 km
~2 min
Transit
Sunalta Station
Calgary, AB T3C 0K1, Canada
4.2 rating · 50 reviews
1.8 km
~3 min
WB Downtown-West Kerby
Calgary, AB T2P 1A9, Canada
4.1 rating · 34 reviews
2.3 km
~4 min
WB 7 Street SW Station (Free Fare Zone)
608 7 St SW, Calgary, AB T2P 0Z3, Canada
4.0 rating · 51 reviews
2.7 km
~4 min
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.