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by Diane Richardson

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1728 29 Street SW
Shaganappi Calgary T3C 1M4

$3,095,000
Multi-Family 5,444 sq. ft. built: 2025

Main Photo: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Photo 1: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Photo 2: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Photo 3: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2192046
Year Built:
2025
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
Possession:
Possession Date:
Home Style:
2 Storey, Up/Down
Total Living Area:
5,444 sq. ft.
Main Level Finished Area:
675 sq. ft.
Upper Level Finished Area:
686 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
622 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Frontage:
50'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
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:
4.0
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
Days on Mkt:
  • Photo 1: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
    Photo 1 of 3
  • Photo 2: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
    Photo 2 of 3
  • Photo 3: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
    Photo 3 of 3
Larger map options:
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Listed by CIR Realty
Data was last updated February 4, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,874,000
Min list price:
$899,000
Max list price:
$3,300,000
Avg days on market:
50
Min days on market:
8
Max days on market:
188
Avg price per sq.ft.:
$515.79
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Get market change alerts
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.

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

Diane Richardson
Cell: 403-397-3706