7438 Ogden Road SE

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$500,000

7438 Ogden Road SE

Ogden, Calgary · MLS® A2338557

114

698 sq ft · 557 m² lot · House · Single Family · built 1945 · 58 days on market

listed by Andrea Adi, eXp Realty

realtor's description

DEVELOPMENT OPPORTUNITY on a DOUBLE LOT! Welcome to 7438 Ogden Road SE, offering exciting potential for builders, developers and investors in an established Calgary community. Situated on two lots along a main roadway, the property currently features a bungalow and detached double garage and is designated R-CG, a residential zoning district that allows for a variety of low-density housing forms and greater flexibility for redevelopment than traditional single-detached zoning. Explore the possibilities of this well-positioned property while considering your future plans. Buyers are encouraged to conduct their own due diligence regarding land use, development possibilities, permitting, lot requirements and intended use.LOCATION is a major advantage! The property is within walking distance of a planned Green Line LRT station and approximately a 2-minute walk to a bus stop located across the street.Enjoy convenient access throughout the city, with Deerfoot Meadows approximately 7 minutes away, Chinook Centre approximately 9 minutes away and Downtown Calgary approximately 16 minutes away. Outdoor recreation is also close at hand, with Carburn Park approximately 7 minutes away and Beaver Dam Flats approximately 5 minutes away.DOUBLE LOT. R-CG ZONING. TRANSIT ACCESS. FUTURE LRT PROXIMITY. A compelling opportunity in an established southeast Calgary location with redevelopment potential and convenient access to shopping, recreation, transit and the downtown core.

property details

type: House, Single Family
bedrooms: 1
bathrooms: 1
living area: 698 sq ft
lot: 557 m²
parking: 4
year built: 1945
property tax: $3,218 / yr
days on market: 58
MLS®: A2338557

features

See remarks
Back lane
Level
Refrigerator
Dishwasher
Stove

monthly cost

$2,447/mo

Mortgage $2,178 · Tax $268

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

estimated payment

$2,178/ monthly

loan $400,000

25-year amortization

down payment20% · $100,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $253,536
land title fees: $1,000; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $101,000; down + land title fees
total paid: $653,536

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

location

Ogden, CalgaryGoogle Maps ↗

Rapid transit: Ogden CTrain station, 400 m (about 6 min walk); South Hill CTrain station, 900 m (about 14 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Sherwood School1.3 km
Secondary · CBE Lord Beaverbrook High School4.6 km
Elementary · Catholic St. Bernadette School936 m
Middle · Catholic St. Matthew School4.3 km
Secondary · Catholic Our Lady of the Rockies High School5.7 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.

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