Meinzer & James Real Estate

  • Home
  • The Right-Size
  • Featured Homes
    • Available for purchase
    • Sold History
  • Unique Searches
    • Customize Your Search
    • Perfect Fit Living
    • Single Level Living
    • Lock & Leave Living
  • Featured Builders
  • About You
    • Inspiring Stories
    • Buy Your Home
    • Sell Your Home
  • About us
  • Favourable Mentions
  1. Home
  2. 929 38 Street SE - MLS® #A2282727

Attached & Detached Homes: Any size to fit any lifestyle.

This category is for those looking to either grow the size of their home or reduce their mortgage commitment and/or maintenance. The homes in this search provide an overview of what the city has to offer within all neighbourhoods and all price points, and allow you to specify your financial and location parameters.

  • Under $300,000   
  • $300,000 - $600,000   
  • $600,000 - $900,000   
  • $900,000 - $1,500,000   
  • Over $1,500,000   

Listing Details

Return to Search Result
Data was last updated 2026-04-05 at 17:24:15 PM (MDT)

929 38 Street SE - MLS® # A2282727

  • Details
  • Map
  • Contact
  • Email This Property

Property Details


List Price
899900
Living Area
3,034 sqft.
Bedrooms
10
Bathrooms
5
Lot Size Area
6932 sq.ft.
Taxes
N/A
Type
Detached
Style
2 Storey
Basement
Full
Year Built
1960

Description

Exceptional high-income investment opportunity, with a potential monthly rent of $7100. And a potential cap rate of 6.85%. Featuring a 10 bedroom home with 8 beds above grade and a separate, fully legal 2 bedroom basement suite. This massive two-storey property is purpose-built for room-by-room rentals, with additional income potential from the legal basement suite and the option to rent out the garage separately. Multi-family living, or extended family use, offering strong cash-flow potential in a high-demand rental location. Featuring over 4000 sq ft of developed living space, the home features a highly functional layout designed for shared living. The upper floor is thoughtfully designed with seven bedrooms and three bathrooms, including one bedroom with a private full ensuite, a five-piece bathroom shared between bedrooms, and an additional four-piece Jack-and-Jill bathroom, providing excellent usability and privacy for multiple occupants. A spacious bonus room further enhances the layout, while the very open floor plan and large windows throughout flood the home with natural light and strongly enhance tenant appeal. A large front foyer creates an inviting first impression. The main floor offers additional living space and a separate laundry room, 1 bedroom and a 4 piece bath, while the fully self-contained LEGAL two-bedroom basement suite includes its own laundry and a generous living area, making the property exceptionally well suited for efficient room-by-room leasing or multi-family use. The home underwent a significant transformation in 2015, with upgrades including a newer roof, windows, hot water tank, updated kitchen, and renovated bathrooms, minimizing near-term capital expenditures. Solidly built, well maintained, and turnkey for income generation, this property offers both immediate revenue potential and long-term value.Additional investment highlights include: LEGAL basement suit, Double garage plus abundant on-site and street parking, Second entrance providing functional separation, Bright, open common areas enhanced by oversized windows, Prime location close to Marlborough Mall, 17 Avenue SE, LRT stations, schools, and major transit routes. Ideal for investors seeking strong monthly income, flexible rental configurations, and long-term appreciation in an established Calgary neighbourhood. A rare opportunity to secure a large-scale residential income property — book your showing today. City Assessment came in at 950 K.

Features

Balcony, Private Entrance

Listing Provided By

RE/MAX House of Real Estate

Neighborhood Info

Copyright and Disclaimer

CREB The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

Send us your questions about this property and we'll get back to you right away.

Send this to a friend, or email this to yourself

  •  
  • Phone:
  • Mobile:
  • Office Phone:
  • Email:
  • Meinzer & James Realty Group 
  • 403-617-4411 
  • 403-889-7020 
  • (403) 245-0773 
  • info@meinzerjames.ca 
  • Bamber
  • 1774 6th ave NW
  • Calgary, AB
  • T2T 0E3

Perfect Fit Living price below 600000 above 900000

Century 21 Bamber Realty Ltd.
Meinzer & James Realty Group

Email: info@meinzerjames.ca

Phone: 403-245-0773

Address: 1612 17 Ave SW, Calgary, AB T2T 0E3

  • 403-617-4411
  • 403-889-7020

Copyright © 2026. Meinzer & James Real Estate. All rights reserved.

  • Sitemap
  • Privacy Policy
  • Real Estate websites for Agents

  • THE RIGHT-SIZE
  • FEATURED HOMES
    • New to Market
    • Available for Purchase
    • Sold
  • UNIQUE SEARCHES
    • Customize your Search
    • Perfect Fit Living
    • Single Level Living
    • Lock & Leave Living
  • FEATURED BUILDERS
  • ABOUT YOU
    • Inspiring Stories
    • Buy your Home
    • Sell your Home
  • ABOUT US
  • FAVOURABLE MENTIONS
Meinzer and James Logo Footer
General Inquiries
info@meinzerjames.ca 403.245.0773
Alexis Meinzer
am@meinzerjames.ca 403.245.0773
Mikala James
mj@meinzerjames.ca 403.245.0773
Meinzer and James Brokerage Logo Century 21 Bamber Realty Ltd.

© Meinzer & James Realty Group. All Rights Reserved.

Privacy policy