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929 38 Street SE
Forest Lawn
Calgary
T2A 1A1
$899,900
Residential
beds: 10
baths: 5.0
3,034 sq. ft.
built: 1960
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2282727
- Bedrooms:
- 10
- Bathrooms:
- 5
- Year Built:
- 1960
- Photos (46)
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Exceptional high-income investment opportunity at 929 38 Street SE.?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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 1
- Num Illegal Suites:
- 0
- Home Style:
- 2 Storey
- Total Living Area:
- 3,034.2 sq. ft.282 m2
- Main Level Finished Area:
- 1,264.12 sq. ft.117 m2
- Upper Level Finished Area:
- 1,770.08 sq. ft.164 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 1,264.12 sq. ft.117 m2
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
- Signup
- Acreage:
- No
- Lot Area:
- 6,932 sq. ft.644 m2
- Lot Frontage:
- 126'¼"38.4 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- South
- Reg. Size:
- Signup
- Reg. Size Includes:
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- Levels:
- Two
- Total Rooms Above Grade:
- 13
- Year built:
- 1960 (Age: 66)
- Bedrooms:
- 10 (Above Grd: 8)
- Bedrooms Above Grade:
- 8
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 5.0 (Full:5, Half:0)
- Plan:
- 6313HU
- Heating:
- Forced Air
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Ceramic Tile, Hardwood, Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Attached, Driveway, Off Street, On Street, Oversized, Parking Pad, Stall
- Parking Places:
- 11
- Parking Total/Covered:
- 11 / -
- Laundry Features:
- In Basement, Main Level, Multiple Locations
- Forest Lawn
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s), Washer, Washer/Dryer, Window Coverings
- Furniture may be negotiable on an offer
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 17'2"5.23 m × 12'2"3.71 m
- Main Floor
- Dining Room
- 12'2"3.71 m × 8'9"2.67 m
- Main Floor
- Living Room
- 18'9"5.72 m × 14'5"4.39 m
- Main Floor
- Foyer
- 11'3.35 m × 6'7"2.01 m
- Main Floor
- Laundry
- 9'8"2.95 m × 7'9"2.36 m
- Main Floor
- Bedroom
- 13'5"4.09 m × 10'8"3.25 m
- Upper Level
- Bonus Room
- 17'7"5.36 m × 14'4"4.37 m
- Upper Level
- Balcony
- 12'3.66 m × 7'6"2.29 m
- Upper Level
- Bedroom
- 10'2"3.10 m × 8'10"2.69 m
- Upper Level
- Bedroom
- 12'5"3.78 m × 11'9"3.58 m
- Upper Level
- Bedroom - Primary
- 12'6"3.81 m × 11'9"3.58 m
- Upper Level
- Bedroom
- 10'2"3.10 m × 8'10"2.69 m
- Upper Level
- Bedroom
- 11'3.35 m × 10'2"3.10 m
- Upper Level
- Bedroom
- 12'3.66 m × 8'1"2.46 m
- Upper Level
- Bedroom
- 13'8"4.17 m × 11'3"3.43 m
- Basement
- Kitchenette
- 15'4.57 m × 10'3.05 m
- Basement
- Game Room
- 18'1"5.51 m × 15'4.57 m
- Basement
- Laundry
- 10'3.05 m × 4'9"1.45 m
- Basement
- Furnace/Utility Room
- 13'7"4.14 m × 5'11"1.80 m
- Basement
- Bedroom
- 10'6"3.20 m × 8'8"2.64 m
- Basement
- Bedroom
- 10'1"3.07 m × 8'8"2.64 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 5
- 10'8" x 8'2"
- Upper Level
- No
- 5
- 12'1" x 4'11"
- Upper Level
- No
- 4
- 7'5" x 7'4"
- Upper Level
- Yes
- 3
- 10'3" x 4'11"
- Basement
- No
- 4
- 10' x 8'8"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Breakfast Bar, Double Vanity, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Recessed Lighting, Storage, Vinyl Windows
- Exterior Features:
- Balcony, Private Entrance
- Patio And Porch Features:
- Balcony(s)
- Lot Features:
- Corner Lot, Low Maintenance Landscape, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- None
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- R-CG
- Listed Date:
- Jan 30, 2026
- Days on Mkt:
- Signup
-
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Larger map options:
Listed by RE/MAX House of Real Estate
Data was last updated January 31, 2026 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $525,000
- Min list price:
- $149,900
- Max list price:
- $899,900
- Avg days on market:
- 48
- Min days on market:
- 1
- Max days on market:
- 854
- Avg price per sq.ft.:
- $495.08
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Gordon Group
- CIR Realty
- 403.891.8027
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.














