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Calgary · Single Family · under $850,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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3719 43 Street SW
Rare opportunity to develop 6 rental units in inner-city SW Calgary.Investor and builder opportunity in the established southwest community of Glenbrook. This property is offered with a submitted Development Permit application for a 6-unit residential project, consisting of two side-by-side dwellings, each with a legal basement suite, plus two detached backyard suites.A significant amount of planning and design work has been completed, allowing a buyer to advance a multi-unit development without starting from the initial stages (subject to City of Calgary approval). The proposed configuration is designed to support multiple rental units in a well-located inner-city neighbourhood.The project may be considered for CMHC MLI Select financing, subject to buyer qualification, lender approval, and program requirements. The backyard suite component may also align with City of Calgary programs, offering potential additional development benefits (subject to eligibility and availability).The existing property is a solid bungalow featuring a 3-bedroom upper unit and 1-bedroom basement suite; however, the primary value is in the redevelopment potential.Ideally located near Mount Royal University, Signal Hill and Westhills shopping, Richmond Road, Sarcee Trail, public transit, schools, and parks.Full development information is available upon request. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.00 Ft x 5.33 Ft | |
| Family room | 17.50 Ft x 10.67 Ft | |
| Bedroom | 13.33 Ft x 7.58 Ft | |
| Other | 15.75 Ft x 9.42 Ft | |
| Laundry room | 14.83 Ft x 11.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 6.00 Ft x 3.83 Ft | |
| Living room | 13.00 Ft x 12.75 Ft | |
| Other | 14.83 Ft x 10.00 Ft | |
| Primary Bedroom | 12.50 Ft x 10.00 Ft | |
| Bedroom | 10.08 Ft x 8.58 Ft | |
| Bedroom | 11.33 Ft x 8.00 Ft | |
| 4pc Bathroom | 8.00 Ft x 5.00 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
-0.91%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,748
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
2.1 km away
12.3 km away
12.4 km away
13.5 km away
Elementary
11.9 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
11.9 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
13.3 km away
Halal grocery
Amir Halal Meats & Grocery
12.0 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.