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3439 33 Street SW
Calgary Alberta T3E2V3 Canada

$1,250,000

Active Listing ID A2302274
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3 bed
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1,092 square feet
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1.00 Bath
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Single Family

$1,250,000

Active Listing ID A2302274
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3439 33 Street SW An exceptional opportunity to secure a DP-approved, shovel-ready multi-family development site in Calgary’s desirable southwest. Approved for 11 units, this thoughtfully designed project includes 5 spacious three-bedroom, 2.5-bath above-grade units, 1 two-bedroom above-grade unit, 3 legal two-bedroom basement suites, and 2 one-bedroom basement suites—a highly efficient unit mix tailored for strong rental income and long-term investment performance.Positioned on a quiet, tree-lined street with rear lane access, the lot offers excellent frontage and depth—ideal for maximizing build efficiency and overall project returns. Located in a rapidly evolving inner-city pocket, the area continues to attract developers and investors due to its proximity to downtown, major transportation routes, schools, and everyday amenities.With the Development Permit already secured, a buyer can significantly reduce entitlement risk and timelines, creating a clear path to construction in an increasingly complex approval environment. This is a key advantage for builders and investors looking to deploy capital quickly and efficiently.The existing bungalow offers approximately 1, 100+ sq ft above grade, providing holding income potential to help offset carrying costs during the planning or pre-construction phase.Surrounded by ongoing infill and multi-family development, this location continues to see strong demand from both tenants and end users, reinforcing strong long-term fundamentals and exit potential.A rare opportunity to acquire a high-yield, inner-city development site with approvals in place—build now or hold for future upside. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Exterior Finish: Wood siding
  • Floor Covering: Hardwood
  • Heating Systems: Forced air
  • Additional Features
  • Basement
Listing Changed: 4/27/2026 9:10:50 PM GMT
Source Updated Date: 4/28/2026 4:19:16 PM GMT

Courtesy of: Justin Warthe, Associate, Real Broker