$ 950,000

1407 28 Street Sw, Calgary

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. (id:1945)
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Property details for 1407 28 Street Sw, Calgary

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
2
Living Area
1,072 square feet
Lot Size
654.00
Stories
1
Basement
Finished, Full, Separate entrance, Suite
Parking
Other
Heating
Forced air
Cooling
None
Ownership
Freehold
Annual Taxes
$5,552 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 1407 28 Street Sw

Active Listings
32
Min Price
$244,900
Max Price
$3,700,000
Avg Price
$721,062
Days on Market
47
days
Sold Listings
19
Min Sold Price
$249,900
Max Sold Price
$1,099,000
Avg Sold Price
$686,405
Days until Sold
55
days

Price History

Listed
August 8, 2026
by Royal LePage METRO
Current Price
$950,000
+31% from last change
Type
Residential
For Sale
Price Changes
1
Date Price Change
Current $950,000 +$225,000 (+31%)
Aug 8, 2026 $725,000 Listed

Contact Agent Get in touch about 1407 28 Street Sw, Calgary

Stan Sandhu
Royal LePage METRO