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7331 Keewatin Street SW
homes for sale · Calgary · Kelvin Grove
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$1,200,000

7331 Keewatin Street SW

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

realtor's description

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.

property details

type
House, Single Family
bedrooms
4
bathrooms
1
living area
1,947 sq ft
lot
5,995 sq ft
parking
4
year built
1962
property tax
$7,048 / yr
days on market
88
MLS®
A2333270

features

  • See remarks
  • Back lane
  • Washer
  • Refrigerator
  • Gas stove(s)
  • Dishwasher

monthly cost

$5,816/mo
Mortgage $5,228 · Tax $587

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

estimated payment
$5,228/ monthly
loan $960,000
25-year amortization
total interest
$608,485
land title fees
$2,260
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$242,260
down + land title fees
total paid
$1,568,485

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

location

Kelvin Grove, CalgaryGoogle Maps ↗

Rapid transit: Heritage CTrain station, 1.3 km (about 20 min walk); Chinook CTrain station, 1.6 km (about 25 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Chinook Park School432 m
  • Middle · CBE Woodman School1.4 km
  • Secondary · CBE Henry Wise Wood High School206 m
  • Elementary · Catholic St. Augustine Elementary Junior High School395 m
  • Secondary · Catholic Our Lady of the Rockies High School1.5 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
Xiaosong Lu
MaxWell Polaris
call Xiaosong · 403-399-3528
Powered by: REALTOR.ca

similar homes nearby

city assessment

$1,060,000

2026 assessment · market value as of July 1, 2025

  • Up 6.4% from $996,000 in 2025
  • $986,000 in 2016 (8% over ten years)
  • Asking price is 13% above the assessment
  • Built 1962
  • Lot 557 m² (5,995 sq ft)
roll yearassessed
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.

property tax

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.

location

Kelvin Grove, CalgaryGoogle Maps ↗
Drive times
  • Chinook Park1 min
  • Henry Wise Wood High2 min
  • Rockyview General Hospital6 min
  • Mount Royal University8 min
  • Downtown Calgary14 min
  • YYC airport25 min

Rapid transit: Heritage CTrain station, 1.3 km (about 20 min walk); Chinook CTrain station, 1.6 km (about 25 min walk).

79

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.

904 73 Avenue SW, Calgary
904 73 Avenue SW, Calgary, photo 2
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904 73 Avenue SW, Calgary, photo 4
904 73 Avenue SW, Calgary, photo 5
904 73 Avenue SW, Calgary, photo 6
904 73 Avenue SW, Calgary, photo 7
904 73 Avenue SW, Calgary, photo 8
House
$1,200,000
4methe deep dive
904 73 Avenue SW
Kelvin Grove, Calgary87 days on market
listed by MaxWell Polaris
4122,016 sq ft
MLS® A2333372