MLS #A2331540 image #0
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&#39' x 150&#39' 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.
Current real estate data for Single Family in Calgary as of Aug 08, 2026
3,589
Single Family Listed
44
Avg DOM
491
Avg $ / SqFt
$856,452
Avg List Price

Property Details

Price:
$950,000
MLS #:
A2331540
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Shaganappi
Listed Date:
Aug 7, 2026
Finished Sq Ft:
1,072
Lot Size:
7,039 sqft / 0.16 acres (approx)
Year Built:
1947
ShaganappiFullBack Lane,back Yard,city Lot,rectangular Lot

Schools

Interior

Appliances
Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Back Yard, City Lot, Rectangular Lot
Parking Features
Off Street
Parking Total
1
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Shaganappi subdivision, 1407 28 Street SW Calgary AB is a Single Family for sale in Calgary, AB, T3C 1L8. It is listed for $950,000 and features 3 beds, 2 baths, and has approximately 1,072 square feet of living space, and was originally constructed in 1947. The current price per square foot is $886. The average price per square foot for Single Family listings in Calgary is $491. The average listing price for Single Family in Calgary is $856,452. To schedule a showing of MLS#a2331540 at 1407 28 Street SW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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