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1, 940 38 Street SW
homes for sale · Calgary · Rosscarrock
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$729,800

1, 940 38 Street SW

Rosscarrock, Calgary · MLS® A2348655

343

1,448 sq ft · 581 m² lot · Townhouse · Single Family · built 2021 · 20 days on market

listed by Ronald Jobbagy, Royal LePage Benchmark

realtor's description

Welcome to this exceptional luxury residence, a former builder show suite, offering three bedrooms, including two appointed upper level bedroom suites, each with its own private ensuite and walk in closet, a bright main floor den or flex room, 3.5 bathrooms and more than 2,000 square feet of developed living space, including the finished basement. This home offers an impressive sense of scale, privacy and separation between living areas. Soaring 10 foot ceilings, elegant glass railings and a sophisticated open concept design connect the main level and upper living spaces.A WEST facing, gated private patio extends the living space outdoors, providing an inviting setting for entertaining, unwinding and enjoying the warm glow of afternoon and evening light.The thoughtfully designed main level begins with an open concept kitchen, living and dining area. The beautifully appointed kitchen is anchored by a substantial island with elegant waterfall edges, offering generous preparation space and comfortable seating. European Blomberg appliances, a sleek Silgranit sink and custom cabinetry and pantry enhance its sophisticated design and everyday functionality. The adjacent living area is centered around a striking floor to ceiling fireplace finished with a solid marble slab surround, with custom cabinetry creating a dramatic focal point.A spacious dining area features a custom walnut wall, providing an inviting setting for family meals and memorable gatherings. The bright main floor den or flex room easily adapts to a polished home office, exercise room or playroom.A striking vaulted stairway with elegant glass railings creates a dramatic architectural transition to the upper floor.The upper level features 10 foot ceilings, two generous bedroom suites and a dedicated laundry room. The primary retreat features a custom walk in closet and spa inspired ensuite with a freestanding soaker tub, custom shower, large dual vanity and skylight. The second bedroom boasts a spacious walk in closet and private ensuite. The laundry room features custom cabinetry, abundant storage, quartz countertops and a Silgranit sink.A discreet powder room and custom designed mudroom are separated from the main floor, creating an elegant and functional transition to the attached garage.The finished basement has a spacious family room for relaxing, while the wet bar adds convenience and sophistication for hosting guests. The additional bedroom features a generous walk in closet, complemented by a beautiful full bathroom. Expansive storage space, separate from the utility room, accommodates seasonal items and household essentials.Thoughtful finishing touches include heated bathroom floors, built in speakers, backlit mirrors with integrated sound, solid core 8 foot doors, under vanity lighting and a security system.The location is equally impressive, with downtown easily accessible via Bow Trail and the LRT station just a short walk from your door.

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
4
living area
1,448 sq ft
lot
581 m²
parking
3
year built
2021
property tax
$4,908 / yr
strata fee
$466 / mo ($0.32 / sq ft)
strata rules
Pets Allowed, Pets Allowed With Restrictions
days on market
20
MLS®
A2348655

features

  • Other
  • Back lane
  • Wet bar
  • Closet Organizers
  • No Animal Home
  • No Smoking Home

monthly cost

$4,054/mo
Mortgage $3,180 · Tax $409 · Strata $466

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$3,180/ monthly
loan $583,840
25-year amortization
total interest
$370,061
land title fees
$1,415
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$147,375
down + land title fees
total paid
$953,901

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$2,090/mo
after all costs
−$2,307/mo
cap rate
1.4%
yearly net rent ÷ price

Costs: mortgage $3,180 · tax $409 · strata $466 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

location

Rosscarrock, CalgaryGoogle Maps ↗

Rapid transit: Westbrook CTrain station, 600 m (about 9 min walk); 45 Street CTrain station, 1 km (about 16 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Wildwood School1.1 km
  • Middle · CBE Vincent Massey School777 m
  • Secondary · CBE Louise Dean School2.2 km
  • Elementary · Catholic St. Michael School660 m
  • Secondary · Catholic Bishop Carroll High School3.8 km

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Ronald Jobbagy
Royal LePage Benchmark
call Ronald · 403-862-3000
Powered by: REALTOR.ca

similar homes nearby

city assessment

$738,000

2026 assessment · market value as of July 1, 2025

  • Down 5.5% from $781,000 in 2025
  • Asking price is 1% below the assessment
  • Built 2019
  • Lot 581 m² (6,256 sq ft)
roll yearassessed
2026$738,000
2025$781,000
2024$674,500
2023$530,000
2022$560,000
2021$366,500

From City of Calgary open data (property assessments), matched to 1 940 38 ST SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $4,908 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $4,908 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

Rosscarrock, CalgaryGoogle Maps ↗

Rapid transit: Westbrook CTrain station, 600 m (about 9 min walk); 45 Street CTrain station, 1 km (about 16 min walk).

Drive times
  • St. Michael2 min
  • Greek3 min
  • Downtown Calgary8 min
  • Mount Royal University9 min
  • Foothills Medical Centre11 min
  • YYC airport28 min
97

Walkability 97/100 · Very walkable: most errands on foot

Within a 10 minute walk: 3 grocery stores, 13 places to eat or drink, 1 cafe, 8 parks and playgrounds, 2 schools, 1 pharmacy, 24 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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