929 38 Street SE, CALGARY

2026-01-30
 

Quick Summary

Location
929 38 Street SE, CALGARY, Alberta T2A1A1
Price
$899,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
3034 sqft
Bedrooms:
8 bed +2
Bathrooms:
5
Year of Construction:
1960

MLS®#A2282727

Property Description

Exceptional high-income investment opportunity. Eight bedrooms up, with a two bedroom legal basement suite. This massive two-storey property is purpose-built for room-by-room rentals, 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 includes 10 bedrooms and 4 bathrooms with 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, 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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Schools, Shopping

Building

  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Washer & Dryer
  • Basement Development: Finished
  • Basement Features: Separate entrance, Suite
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Stucco
  • Fireplace: No
  • Flooring Type: Ceramic Tile, Hardwood, Laminate
  • Interior Size: 3034 sqft
  • Building Type: House
  • Stories: 2

Features

  • Feature: PVC window

Land

  • Land Size: 644 m2|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-CG

Information entered by RE/MAX House of Real Estate
Listing information last updated on: 2026-02-02 21:16:32


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal

 

April Isaac Associate

Phone:
403-888-4003
Email:
aprilonepercent@gmail.com
Support Area:
CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON

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Anna Madden Associate

Phone:
587-830-2405
Email:
anna.madden05@gmail.com
Support Area:
Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills

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Dabs Fashola Associate

Phone:
403-619-0621
Email:
homesbydabs@gmail.com
Support Area:
Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds, Cochrane

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