3439 33 Street SW
Calgary T3E 2V3
MLS® Number: A2302274
$ 1,250,000
3
BEDROOMS
1 + 0
BATHROOMS
1,092
SQUARE FEET
1953
YEAR BUILT
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.
| COMMUNITY | Rutland Park |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | 2 Storey |
| YEAR BUILT | 1953 |
| SQUARE FOOTAGE | 1,092 |
| BEDROOMS | 3 |
| BATHROOMS | 1.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Other |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Hardwood |
| HEATING | Forced Air |
| LAUNDRY | In Unit |
| LOT FEATURES | Corner Lot |
| PARKING | None |
| RESTRICTIONS | None Known |
| ROOF | Asphalt |
| TITLE | Fee Simple |
| BROKER | Real Broker |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 4pc Bathroom | 9`1" x 4`11" | Main |
| Bedroom | 10`1" x 12`6" | Main |
| Bedroom | 10`1" x 11`4" | Main |
| Dining Room | 9`8" x 9`6" | Main |
| Kitchen | 9`3" x 15`0" | Main |
| Living Room | 13`7" x 16`6" | Main |
| Bedroom - Primary | 10`9" x 13`7" | Main |
