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Shaganappi · Calgary

1407 28 Street SW, Calgary

$950,000

Shaganappi, Calgary, Alberta T3C 1L8 · MLS® A2331540

3
Bedrooms: 2
Bathrooms: 1,072
Sq ft above grade: $886
Per sq ft

About This Property

Attention developers, builders and investors - this is a rare opportunity to secure an exceptional redevelopment site in Shaganappi, one of Calgary’s most established and strategically located inner-city communities. Situated on an approximately 47' x 150' M-C2 zoned lot, the property checks the boxes investors look for: scale, zoning, transit, holding income and a head start on redevelopment, with a Development Permit application already submitted for a proposed 10-unit multi-residential project. The existing residence and legal one-bedroom basement suite provide holding income while the redevelopment process moves forward. The location is equally compelling - just one block from the LRT, minutes from downtown, and close to Westbrook Mall, parks, schools, recreation and everyday amenities. With the zoning, income and redevelopment work already in motion, the groundwork has been laid - the next owner gets to capitalize on the opportunity.

Secondary suite: 1 legal suite

Location: Suite Attached/Within Primary Dwelling

Basement

Property Details

Interior

Bedrooms: 3
Bathrooms: 2 full
Rooms above grade: 6
Above grade: 1,072 sq ft
Finished below grade: 929 sq ft
Total finished: 2,001 sq ft
Basement: Full · Finished
Laundry: In Basement

Flooring

Vinyl

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1947
Front exposure: E
Unit exposure: E
Floor: Ground

Construction

Wood Frame

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: None
Parking: Off Street
Total parking: 1 space

Lot & outdoors

Lot size: 7,039 sq ft
Acreage: 0.16 acres
Frontage: 47 ft
Fencing: None

Lot features

Back Lane
Back Yard
City Lot
Rectangular Lot

In the community

Golf
Park
Playground
Pool
Schools Nearby
Shopping Nearby
Sidewalks
Street Lights
Tennis Court(s)

Costs & ownership

Annual property tax: $5,552 (2026)
Title: Fee Simple
Ownership: Private
Zoning: M-C2
Restrictions: None Known

Listing & availability

MLS® number: A2331540
Listed: Aug 7, 2026
Days on market: 38
Possession: Negotiable
Listing office: Royal LePage METRO

Included in the sale

Appliances: Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$4,664.84/mo

Mortgage: $4,202.17
Property tax: $462.67

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Listed by Royal LePage METRO

Data provided under license by Pillar 9™.

Listing data updated Aug 7, 2026, 3:40 p.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation