CalgaryListings Insight Welcome to 1735 38 Avenue SW — a 3-bedroom home built in 1957, featuring 2 bathrooms in the community of Altadore, with 1,412 sq ft of living space above grade. Notable features include a fully finished basement with a separate entrance, a double garage, hardwood flooring, and a corner lot. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2330795.
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Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare redevelopment opportunities like this are becoming increasingly difficult to find in the heart of Altadore. Situated on an impressive 44’ x 124.5’ walk-out corner lot, this property is surrounded by luxury custom homes and high-end infill developments in one of Calgary’s most sought-after inner-city communities. R-CG zoned and offering exceptional redevelopment potential, this 5,478 sq. ft. property presents an outstanding opportunity to build a luxury custom home, premium semi-detached infills, or a townhouse development, subject to City of Calgary approval. The desirable walk-out configuration and prominent corner location provide outstanding design flexibility and strong long-term value. The existing raised bungalow offers excellent holding income while redevelopment plans are finalized. The upper level features a bright 3-bedroom layout with hardwood flooring, large windows, a spacious kitchen, and a raised rear deck overlooking the private backyard. The lower level contains a 1-bedroom illegal suite. The property has generated approximately $3,145 per month for the main floor (legal) rental income, providing immediate cash flow for investors and developers. Ideally located just steps from Kiwanis Park and within walking distance to River Park, Marda Loop’s restaurants, cafés, shopping, and everyday amenities, this property also offers quick access to downtown, Crowchild Trail, and major transportation routes. Whether you’re looking to build, hold, or invest, this is a rare opportunity to secure a large walk-out corner redevelopment parcel in one of Calgary’s strongest and most established luxury infill communities. Development concepts are for illustrative purposes only. All redevelopment is subject to City of Calgary approval, applicable zoning regulations, development permits, and building permits.
Property Taxes
$6,982/yr (2026)
Listing Information
MLS® NumberA2330795
StatusActive
List Price$1, 295, 000
Days on Market42 days
OccupancyTenant
Property Details
Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft1, 412 sq ft
Year Built1957
Bedrooms3
Full Bathrooms2
Total Bathrooms2
Interior
BasementFull, Finished, Separate/Exterior Entry
FlooringCarpet, Hardwood, Tile
Fireplaces0
HeatingForced Air, Natural Gas
Air ConditioningNone
Exterior & Parking
ExteriorStucco, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking4
Patio / DeckDeck, Front Porch, Patio
Site & Lot
Lot Size5, 468 sq ft
Lot Acres0.13 acres
Lot Width43.97
Lot FeaturesBack Lane, Corner Lot, Landscaped
Legal Description6405GL;18;1
Inclusions
See Remarks
Room Dimensions
Main Level
Bedroom - Primary13`8" × 13`3"
4pc Bathroom9`7" × 6`6"
Bedroom11`6" × 10`1"
Bedroom10`3" × 13`2"
Entrance9`10" × 4`0"
Living Room18`9" × 15`3"
Dining Room10`7" × 11`6"
Kitchen20`0" × 10`1"
Pantry3`8" × 3`8"
Basement Level
Laundry10`3" × 8`7"
Game Room15`8" × 9`8"
Kitchen14`6" × 11`10"
Mud Room10`4" × 7`11"
Bedroom13`11" × 7`10"
3pc Bathroom
Listing Office
Honestdoor Inc.
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.
Property History
No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.
What did similar homes here actually sell for?
CalgaryListings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.
Time on marketOn the market 42 days. Detached homes that sold in Altadore over October 2025 – September 2026 averaged 33 days.
Price per sq ft$917 per sq ft above grade at asking, about 20% above the $764 per sq ft median across 24 comparable active detached homes in Altadore.
Worked out from this MLS® record, our published community data and the other active listings in Altadore. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.
Where this price sits in Altadore
Asking $1,295,000. That is about 12% below the $1,475,000 median sale price for detached homes in Altadore over October 2025 – September 2026, across 73 recorded sales. Those sales took 33 days on the market on average. Across all home types, sellers in Altadore got 99.6% of their asking price on average and the community was carrying 3.5 months of supply.
Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.
Schools near this home
Altadore SchoolPublic (CBE) · Elementary · 379 m · about 2 mins by carSchool website
Central Memorial High SchoolPublic (CBE) · Senior High · 1.5 km · about 4 mins by carSchool website
Clear Water AcademyPrivate / Independent · Elementary/Junior High/Senior High · 2.1 km · about 8 mins by carSchool website
Mount Royal UniversityPost-Secondary · 2.7 km · about 6 mins by carSchool website
Lycée Louis PasteurPrivate / French Immersion · about 5 mins by carSchool website
Master's Academy & CollegePrivate / Independent · about 6 mins by carSchool website
Distances and drive times are measured from the centre of Altadore, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.
Commute from Altadore
Destination
By car
By transit
Downtown Calgary
14 mins
35 mins
University of Calgary
12 mins
42 mins
Foothills Medical Centre
11 mins
59 mins
Mount Royal University
6 mins
17 mins
Calgary International Airport
25 mins
1 hour 16 mins
Westside Recreation Centre
13 mins
1 hour 0 mins
Off-peak estimates measured from the centre of Altadore, not from this address. Live traffic varies.
Who lives in Altadore
7,290Population
2.4Average household size
68%Owner-occupied households
$153KMedian household income
20%Residents aged 0–14
2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Altadore census profile →
Questions about this home
Is 1735 38 Avenue SW for sale?
Yes. 1735 38 Avenue SW in Altadore is an active MLS® listing (MLS® A2330795). It has been on the market 42 days. Listing data last updated 2026-09-03.
What is the asking price of 1735 38 Avenue SW?
1735 38 Avenue SW in Altadore is listed at $1,295,000.
How many bedrooms and bathrooms does 1735 38 Avenue SW have?
1735 38 Avenue SW in Altadore has 3 bedrooms and 2 bathrooms. The listing records 1,412 sq ft above grade. It is a detached house.
How does the asking price of 1735 38 Avenue SW compare with the Altadore market?
Its $1,295,000 asking price is about 12% below the $1,475,000 median sale price for detached homes in Altadore (October 2025 – September 2026, 73 sales). Medians are not adjusted for size, age or condition.
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