1728 29 Street Sw, Shaganappi, Calgary

$3,095,000

1 of 3
0 Baths
5444 Sqft
4 Parking

Row/Townhouse Property for Sale in Shaganappi, Calgary at 1728 29 Street Sw

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.

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2 Storey, Up/Down listed in Shaganappi, Calgary at 1728 29 Street Sw

Essential Information
MLS® #A2192046
Price$3,095,000
Bathrooms0.00
Square Footage5,444
Acres0.00
Year Built2025
TypeMulti-Family
Sub-TypeRow/Townhouse
Style2 Storey, Up/Down
StatusActive
Community Information
Address1728 29 Street Sw
SubdivisionShaganappi
CountyCalgary
ProvinceAlberta
Postal CodeT3C1M4
ZoneZone CC
Amenities
Parking Spaces4
# of Garages4
Parking

Alley Access, Quad or More Detached

Interior
HeatingForced Air, Natural Gas
# of Stories2
Has BasementYes
BasementExterior Entry, Full, Suite
Basement TypeExterior Entry, Full, Suite
Additional Information
ZoningRCG
Listing Details
OfficeCIR Realty
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