Address
2028 43 Street Se, Calgary, AB
Price
$ 615,900
Property Attributes
- ID#A2330043
- TypeSingle Family
- Listing Status Active
- MunicipalityCalgary
- CityCalgary
- AreaForest Lawn
- NeighbourhoodForest Lawn
- Postal CodeT2B 1H3
- Style3 Level
- Year Built1961
- Price$ 615,900
- Bedrooms3
- Bathrooms2
- Half Bathrooms0
- Sqr Footage1395
Data Source:
Canadian Real Estate Association (CREA)
Property Description
An exceptional permit-ready infill development opportunity in Calgary's rapidly revitalizing Forest Lawn corridor. This 50' x 122' R-CG lot includes a fully approved Development Permit for two modern duplexes featuring eight self-contained residential units, plus four detached garages. With Calgary’s citywide rezoning repeal taking effect Aug. 2026, this property’s already-approved Development Permit for eight residential units provides a significant advantage in today’s more restrictive development environment.Each duplex offers approximately 1,270 sq. ft. above grade with an additional 500 sq. ft. of developed legal basement space, maximizing rental income potential and long-term value. Approved building plans and DSSP are included, allowing the new owner to move directly toward construction.All major City approvals have been secured, eliminating entitlement and rezoning risk while significantly reducing project timelines, consultant fees, and soft costs. The purchaser only needs to obtain a partial Building Permit before commencing construction. To facilitate a seamless transition, the seller will assist with obtaining both the Demolition Permit and the partial Building Permit.Strategically located just minutes from International Avenue (17th Avenue SE), public transit, schools, shopping, parks, and major commuter routes, this property benefits from strong neighbourhood revitalization, increasing demand, and excellent long-term growth potential.This opportunity is ideally suited for: Build-to-sell developers seeking attractive resale margins. Long-term investors expanding their rental portfolio. Developers pursuing a CMHC MLI Select financing strategy. Investors looking for a shovel-ready, high-density infill project in one of Calgary's most active redevelopment corridors.With approvals already in place, this is a rare opportunity to acquire a construction-ready multi-family development site offering substantial time savings, reduced development risk, a nd strong rental and resale fundamentals.Joint venture opportunities are also available and open for discussion with qualified investors. (id:7434)
General Features
| Features | Back lane, PVC window |
|---|---|
| Property Type | Single Family |
| Zoning Description | MC-1 |
| CommunityName | Forest Lawn |
| Amenities | Park, Playground, Schools, Shopping |
| Building Appliances | Refrigerator, Stove, Microwave, Washer & Dryer |
| Building Architectural Style | 3 Level |
| Building Cooling Type | None |
| Parking Space Total | 2 |
| Foundation Type | Poured Concrete |
| Building Type | House |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Construction Material | Wood frame |
| Construction Style Attachment | Detached |
| Flooring Type | Carpeted, Hardwood, Laminate, Tile |
| Living Area Range | 1395 |
| Bedrooms | 3 |
Exterior Features
| Structure | None |
|---|---|
| Land Amenities | Park, Playground, Schools, Shopping |
| Exterior Finish | Stucco |
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 3pc Bathroom | 22.40 M x 14.10 M | Basement | ||
| 4pc Bathroom | 29.60 M x 23.00 M | Second level | ||
| Bedroom | 33.90 M x 26.70 M | Second level | ||
| Bonus Room | 36.50 M x 6.80 M | Main level | ||
| Dining room | 26.70 M x 30.10 M | Main level | ||
| Kitchen | 31.60 M x 38.90 M | Main level | ||
| Laundry room | 42.80 M x 15.10 M | Basement | ||
| Living room | 49.30 M x 53.60 M | Main level | ||
| Other | 24.70 M x 31.10 M | Main level | ||
| Primary Bedroom | 41.80 M x 33.90 M | Second level | ||
| Recreational, Games room | 60.40 M x 57.90 M | Basement |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T2B 1H3
Price
Year Built
In The Neighbourhood
Calgary
$ 499,900
- Type
- Single Family
- Size
- 974 SqFt
- Rooms
- 4 Beds + 2 Baths
Century 21 Bamber Realty LTD.
Calgary
$ 529,900
- Type
- Single Family
- Size
- 977 SqFt
- Rooms
- 5 Beds + 2 Baths
RE/MAX Real Estate (Mountain View)
