Welcome to 1816 28 Avenue SW, an exceptional development opportunity in the heart of Marda Loop. Zoned MC-1 and situated on a large 50 x 125 foot lot, this property offers excellent density potential in one of Calgary’s fastest-growing inner-city neighbourhoods. The location provides outstanding walkability to 33 Avenue SW, quick access to 17th Avenue, nearby parks, schools, recreational facilities, and efficient access to the downtown core, making it highly attractive for future residents. The existing two-level duplex with a legal walkout lower suite offers immediate rental income while planning future development. The lot layout also allows for strong parking potential, a valuable asset in an inner-city setting. With the potential to develop up to eight condominium units, including four primary suites and four secondary suites, this property presents a rare and compelling opportunity for investors and developers seeking exceptional value in a prime location. This street itself has seen significant development, adding to the area’s appeal and long-term growth potential.
Data was last updated February 22, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$799,000
Min list price:
$162,500
Max list price:
$2,250,000
Avg days on market:
23
Min days on market:
1
Max days on market:
164
Avg price per sq.ft.:
$518.43
These statistics are generated based on the current listing's property type
and located in
South Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.