Kelvin Grove, Calgary · MLS® A2333270
414
1,947 sq ft · 5,995 sq ft lot · House · Single Family · built 1962 · 88 days on market
listed by Xiaosong Lu, MaxWell Polaris
Prime Inner-City Land Assembly with Conditional DP Approval!Exceptional redevelopment opportunity in the highly desirable community of Kelvin Grove. 7331 Keewatin Street SW and the neighboring property at 904 73 Avenue SW must be purchased together—no separate sales. Together, these two H-GO zoned parcels present a rare chance to secure a fully planned townhouse development site in one of Calgary's most established southwest communities.The proposed redevelopment has already achieved significant milestones, including Conditional Development Permit (DP) Approval and DSSP approvals, allowing a purchaser to substantially reduce planning timelines and move closer to construction. The approved concept is for 20 modern townhomes (10 units on each parcel), making this a true shovel-ready opportunity for builders and developers.The existing home at 7331 Keewatin Street SW is a well-maintained, extensively updated two-storey residence offering over 2,700 sq. ft. of developed living space with 5 bedrooms, providing excellent holding income potential while final development preparations are completed.Located just steps from schools, parks, transit, Chinook Centre and major transportation routes, this site combines an outstanding inner-city location with strong long-term redevelopment potential. Opportunities with conditional DP approval and H-GO zoning in mature southwest Calgary communities are increasingly rare.Both properties are offered together as one land assembly. No individual sales will be considered.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Rapid transit: Heritage CTrain station, 1.3 km (about 20 min walk); Chinook CTrain station, 1.6 km (about 25 min walk).
Nearest public (CBE) and Catholic schools, by distance
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.
$1,060,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $1,060,000 |
| 2025 | $996,000 |
| 2024 | $865,500 |
| 2023 | $798,500 |
| 2022 | $708,500 |
| 2021 | $684,000 |
| 2020 | $712,000 |
| 2019 | $779,000 |
From City of Calgary open data (property assessments), matched to 7331 KEEWATIN ST SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $7,049 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $7,048 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.
Rapid transit: Heritage CTrain station, 1.3 km (about 20 min walk); Chinook CTrain station, 1.6 km (about 25 min walk).
Walkability 79/100 · Walkable: many errands on foot
Within a 10 minute walk: 3 places to eat or drink, 1 cafe, 15 parks and playgrounds, 3 schools, 1 pharmacy, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.