Featured Listings
28 Cityside Common Northeast
$680,000
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Welcome to this well-maintained family home in the sought-after community of Cityscape! Designed with families in mind, this bright and inviting property offers an open-concept...
CIR Realty
Office Listings
1728 29 Street SW
Shaganappi
Calgary
T3C 1M4
$3,095,000
Multi-Family
5,444 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2192046
- Year Built:
- 2025
- Photos (3)
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Elevate your real estate portfolio with this exceptional new construction rental project in Shaganappi, a prime inner-city Calgary community. This development offers eight rental suites across two buildings, featuring spacious UPPER UNITS OF 1361 sqft with THREE BEDROOMS and 2.5 baths, complemented by spacious 622 sqft 1-bedroom lower units. A 4-car detached garage with lane access adds convenience and value to this prime property, set for completion in June 2025.
Investors will appreciate the numerous benefits this opportunity presents. The large size units and prime location near downtown Calgary and major amenities ensure high demand and the potential for above-average rents. Situated on a generous 130ft lot, these townhomes boast a superior design that sets them apart from comparable developments in the area.
Low-maintenance Hardy board exteriors minimize upkeep costs, while high-efficiency HVAC systems contribute to energy savings and tenant comfort. The use of durable finishes throughout ensures long-term performance, making this an ideal addition to any investment portfolio.
Shaganappi’s desirable inner-city location combines the best of urban living with the charm of an established neighborhood. Residents will enjoy easy access to 17th Avenue, downtown, parks, shopping, and entertainment, making these units highly attractive to potential tenants.
This purpose-built revenue property in one of Calgary’s most sought-after neighborhoods represents a unique opportunity to invest in a high-quality, low-maintenance asset with strong income potential. The combination of prime location, thoughtful design, and modern amenities positions this development for long-term appreciation and steady rental income.
Don’t miss this chance to secure your stake in Calgary’s thriving real estate market. Contact Kam Dhillon today for more details and to explore how this exceptional investment opportunity can help you achieve your financial goals. With its prime location, superior construction, and strong rental potential, this Shaganappi development is poised to become a cornerstone of your real estate portfolio. Act now to be part of this exciting investment opportunity in one of Calgary’s most desirable communities. Priced with a 5.30% CAPITALIZATION RATE on rents of $2850 ($2.10 sqft) for upper units, $1450 ($2.20sqft) for lower suites and 20% op costs for a net income of approx $164,000 per year.
- Property Type:
- Multi-Family
- Property Sub Type:
- Row/Townhouse
- Transaction Type:
- For Sale
- Home Style:
- 2 Storey, Up/Down
- Total Living Area:
- 5,444 sq. ft.506 m2
- Main Level Finished Area:
- 675 sq. ft.62.7 m2
- Upper Level Finished Area:
- 686 sq. ft.63.7 m2
- Below Grade Finished Area:
- 622 sq. ft.57.8 m2
- Lot Frontage:
- 50'15.2 m
- Stories Total:
- 2
- Levels:
- Two
- Year built:
- 2025 (Age: 0)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 9019EP
- Heating:
- Forced Air, Natural Gas
- Basement:
- Separate/Exterior Entry, Full, Suite
- New Constr.:
- Yes
- Structure Type:
- Other
- Ensuite:
- No
- Garage:
- 1
- Garage Spaces:
- 4
- Parking:
- Alley Access, Quad or More Detached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Shaganappi
- None
- None Known
- Title to Land:
- Fee Simple
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- RCG
- Listed Date:
- Feb 03, 2025
Larger map options:
Listed by CIR Realty
Data was last updated February 25, 2025 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,390,000
- Min list price:
- $899,999
- Max list price:
- $3,200,000
- Avg days on market:
- 18
- Min days on market:
- 3
- Max days on market:
- 83
- Avg price per sq.ft.:
- $571.68
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.