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)

* Sold date and price as reported on the RAE's MLS® System.

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
AVG $620K
$620K
Year Built
AVG 1961
1961

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