Calgary Realtor

$669,900 · For Sale
1610 40 Street SW, Calgary, Alberta
2+1Bedrooms
2Bathrooms
738sq ft
500m² Lot
41Days on Market

About This Property

PRIME ROSSCARROCK REDEVELOPMENT — DP-APPROVED & READY TO BUILD! Exceptional opportunity for builders, developers, and investors in one of Calgary's fastest-evolving inner-city communities. Development Permit approved for a striking 2-storey semi-detached infill featuring 3 bedrooms per side, PLUS 2-bedroom legal secondary suites and detached garages — delivering over 2,000 sq ft above grade per side (subject to City/Municipality approvals and permitting). Skip years of planning and step directly into a shovel-ready project on an affordable inner-city lot.HOLD NOW, BUILD LATER: The existing home generates immediate income with a 2-bedroom main floor and a 1-bedroom basement suite (illegal) — a perfect mortgage helper while you finalize your build plans. Recent updates include roof (2019) and hot water tank (2024).UNBEATABLE LOCATION: Walk to public and Catholic schools, Westbrook Mall (Walmart, Safeway & more), and transit including Westbrook LRT and 45 Street LRT — putting downtown, University of Calgary, SAIT, Mount Royal University, and the vibrant 17th Avenue shops and restaurants just minutes away. Opportunities like this — location, approvals, and holding income in one package — don't come often.

Key Features

  • Built in 1951
  • House
  • Freehold
  • Basement: Finished, Full, Suite
  • Detached Garage Parking
  • Forced air, Natural gas Heat

Property Details

Community Rosscarrock
Property Type Single Family
Building Type House
Storeys 1
Year Built 1951
Ownership/Title Freehold
MLS® Number A2335944

Size & Land

Finished Area 738 sq ft
Land Size 500 m² Lot

Building Features

Basement Finished, Full, Suite
Heating Forced air, Natural gas
Cooling None
Foundation Poured Concrete

Parking

Parking Type Detached Garage
Parking Spaces 4

Financial & Other

Property Taxes $4,112/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,845/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

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Listing courtesy of eXp Realty · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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