Exceptional opportunity in the heart of Marda Loop. Situated on an MC-1 zoned 50 x 125 ft lot, this property offers both immediate rental income and future redevelopment potential in one of Calgary’s vibrant inner-city communities. The existing property features a two-level duplex with a double detached garage. The upper unit offers 3 bedrooms, while the walkout lower-level features 2 bedrooms, creating an excellent opportunity for investors or buyers looking to offset ownership costs with rental income. Whether you're looking to hold as an investment property, generate steady cash flow, or explore future development possibilities, this property offers exceptional flexibility. Surrounded by newer infill projects, popular shops, restaurants, parks, and everyday amenities, this is a rare chance to secure a large lot in a prime location with both immediate income potential and long-term value.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Negotiable
Suite:
Yes
Num Legal Suites:
2
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
1,165 sq. ft.108 m2
Main Level Finished Area:
1,165 sq. ft.108 m2
Below Grade Finished Area:
1,031.33 sq. ft.95.8 m2
Taxes:
$5,138.92 /
2025
Acreage:
No
Lot Area:
6,243 sq. ft.580 m2
Lot Frontage:
49'10½"15.2 m
Front Exposure:
South
Entry Level:
1
Levels:
One
Total Rooms Above Grade:
5
Year built:
1954
(Age: 72)
Bedrooms:
5
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
4479P
Heating:
Forced Air
Basement:
Full, Finished, Walk Out
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached, Parking Pad
Parking Places:
4
Parking Total/Covered:
4 /
-
Laundry Features:
In Basement
Southwest
South Calgary
Electric Range, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
21'1"6.43 m × 12'5"3.78 m
Main Floor
Kitchen With Eating Area
14'11"4.55 m × 13'1"3.99 m
Main Floor
Bedroom
12'3.66 m × 10'9"3.28 m
Main Floor
Bedroom
11'8"3.56 m × 10'6"3.20 m
Main Floor
Bedroom
12'8"3.86 m × 9'8"2.95 m
Lower Level
Living Room
11'11"3.63 m × 11'11"3.63 m
Lower Level
Dining Room
11'11"3.63 m × 11'10"3.61 m
Lower Level
Kitchen
12'3.66 m × 11'3.35 m
Lower Level
Laundry
12'7"3.84 m × 12'7"3.84 m
Lower Level
Bedroom
10'1"3.07 m × 7'2"2.18 m
Lower Level
Bedroom
11'10"3.61 m × 9'2"2.79 m
Floor
Ensuite
Pieces
Other
Upper Level
No
4
Lower Level
No
4
5' x 7'2"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
See Remarks
Exterior Features:
Other
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, City Lot, Lawn, Low Maintenance Landscape, See Remarks