2224 37 Street Sw, Calgary
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Bedrooms: 5
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Bathrooms: 2
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Living area: 1135.87 square feet
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Type: Residential
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Added: 6 days ago
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Updated: 3 days ago
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Last Checked: 3 hours ago
ATTENTION BUILDERS AND INVESTORS! Located in the highly desirable Killarney neighborhood, just minutes from downtown, this prime 50 x 120 lot with M-C1 zoning is an exceptional opportunity for redevelopment, offering endless possibilities. This spacious lot can accommodate a mix of multi-family units or two single-family homes, allowing you to create a project tailored to current market needs. With M-C1 zoning, this property allows for low-rise, medium-density multi-residential development, giving you the flexibility to build a triplex, fourplex, rowhomes, townhomes, or a small apartment building up to three stories.The existing bungalow features both upper and lower units, each with separate entrances, and a recently updated roof, providing extra value and peace of mind. The property generates strong rental income, making it an ideal revenue property while you plan your redevelopment.This property is located within a short walk to Westbrook Mall and the LRT station, putting endless shopping, amenities, restaurants, and schools within minutes. Quick access to downtown and major routes also enhances its appeal for renters or future buyers.Don't miss this opportunity to transform this inner-city property into your next successful project! Whether you’re planning a multi-residential development or looking for a revenue-generating property in a high-demand area, this Killarney location offers everything you need. Contact us today to explore this unique investment and realize the potential of this prime location! (id:1945)
Show More Details and Features
Property DetailsKey information about 2224 37 Street Sw
- Cooling: None
- Heating: Forced air, Natural gas
- Stories: 1
- Year Built: 1955
- Structure Type: House
- Exterior Features: Stone, Stucco
- Foundation Details: Poured Concrete
- Architectural Style: Bungalow
- Construction Materials: Wood frame
- Lot Size: 50 x 120
- Zoning: M-C1
- Existing Structure: Bungalow with upper and lower units
- Number Of Units: Two
Interior FeaturesDiscover the interior design and amenities
- Basement: Finished, Full, Separate entrance, Walk-up, Suite
- Flooring: Hardwood, Laminate
- Appliances: None
- Living Area: 1135.87
- Bedrooms Total: 5
- Above Grade Finished Area: 1135.87
- Above Grade Finished Area Units: square feet
- Separate Entrances: Yes
- Roof Update: Recently updated
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 2224 37 Street Sw
- Lot Size Units: square meters
- Parking Total: 4
- Parking Features: Detached Garage, Parking Pad
- Lot Size Dimensions: 557.00
- Development Potential: Multi-family units, two single-family homes, triplex, fourplex, rowhomes, townhomes, small apartment building up to three stories
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Freehold
- Street Dir Suffix: Southwest
- Subdivision Name: Killarney/Glengarry
- Neighborhood: Killarney
- Proximity To Downtown: Minutes away
- Nearby Amenities: Westbrook Mall, LRT station, shopping, restaurants, schools
- Access: Quick access to downtown and major routes
Business & Leasing InformationCheck business and leasing options available at 2224 37 Street Sw
- Rental Income: Yes, strong rental income
Tax & Legal InformationGet tax and legal details applicable to 2224 37 Street Sw
- Tax Lot: 31,32
- Tax Year: 2024
- Tax Block: 12E
- Parcel Number: 0029330214
- Tax Annual Amount: 3852
- Zoning Description: M-C1
Additional FeaturesExplore extra features and benefits
- Investment Potential: Ideal revenue property while planning redevelopment
Room Dimensions
Type |
Level |
Dimensions |
Kitchen |
Main level |
10.33 Ft x 11.33 Ft |
Dining room |
Main level |
7.92 Ft x 10.67 Ft |
Other |
Basement |
11.00 Ft x 11.17 Ft |
Living room |
Main level |
12.58 Ft x 19.83 Ft |
Family room |
Basement |
9.83 Ft x 25.83 Ft |
Foyer |
Main level |
3.25 Ft x 6.83 Ft |
Laundry room |
Main level |
3.00 Ft x 5.42 Ft |
Laundry room |
Basement |
2.92 Ft x 6.08 Ft |
Primary Bedroom |
Main level |
13.58 Ft x 15.33 Ft |
Bedroom |
Main level |
10.00 Ft x 10.17 Ft |
Bedroom |
Main level |
9.67 Ft x 10.17 Ft |
Bedroom |
Basement |
13.08 Ft x 13.75 Ft |
Bedroom |
Basement |
9.58 Ft x 10.75 Ft |
4pc Bathroom |
Basement |
6.67 Ft x 8.83 Ft |
4pc Bathroom |
Main level |
6.58 Ft x 7.42 Ft |
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Nearby Listings Stat
Max Sold Price
$1,500,000
Nearby Places
Name
Type
Address
Distance
Calgary Christian School
School
5029 26 Ave SW
1.4 km
Clear Water Academy
School
Calgary
2.1 km
Canadian Tire
Department store
5200 Richmond Rd SW
2.2 km
Mount Royal University
School
4825 Mount Royal Gate SW
2.4 km
Bishop Carroll High School
School
4624 Richard Road SW
2.7 km
The Military Museums
Museum
4520 Crowchild Trail SW
2.7 km
Foothills Medical Centre
Hospital
1403 29 St NW
3.4 km
Edworthy Park
Park
5050 Spruce Dr SW
3.5 km
Boston Pizza
Restaurant
1116 17 Ave SW
3.7 km
Shaw Millennium Park
Park
Calgary
3.8 km
Queen Elizabeth Junior Senior High School
School
512 18 St NW
3.8 km
The Keg Steakhouse & Bar - Stadium
Restaurant
1923 Uxbridge Dr NW
4.0 km
Additional Information about 2224 37 Street Sw
This House at 2224 37 Street Sw Calgary, AB with MLS Number a2177189 which includes 5 beds, 2 baths and approximately 1135.87 sq.ft. of living area listed on Calgary market by Jessica Bruse - RE/MAX iRealty Innovations at $899,900 6 days ago.
We have found 6 Houses that closely match the specifications of the property located at 2224 37 Street Sw with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 549,000 and 899,900.
The current price of the property is $899,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $746,917. This would result in a monthly mortgage payment of $4,208 over a 25-year amortization period.