Calgary Realtor

$549,000 · For Sale
1831 43 Street SE, Calgary, Alberta
1Bedrooms
2Bathrooms
840sq ft
566m² Lot
68Days on Market

About This Property

NEW PRICE! ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare opportunity to acquire this M-C1 zoned parcel together with adjacent 1827 43 Street SE for a total package price of $1,098,000. Combined, the properties create an impressive 100' x 122' land assembly totaling over 12,000 sq.ft. in the heart of Forest Lawn. Located directly on 17 Ave SE (International Avenue) and roughly 150m from the 44 St SE MAX Purple BRT station, the assembly benefits from a transit-supportive 25% parking stall reduction for multi-residential development under Calgary's Land Use Bylaw. No relaxation application is required based on the site's proximity to transit, which can materially improve site efficiency and future development potential. Zoned M-C1, this assembly provides flexibility for builders and investors seeking multi-residential redevelopment potential in an established inner-city location. Combined frontage of approximately 100 feet is increasingly difficult to find along this corridor. 1831 contains an existing owner-occupied bungalow that may provide interim holding value while development plans are pursued. Adjacent 1827 43 Street SE is not habitable and is being marketed strictly for land value. Minutes from schools, shopping, restaurants, transit, downtown and major commuter routes. PROPERTY MUST BE PURCHASED TOGETHER WITH 1827 43 STREET SE. TOTAL ASSEMBLY PRICE: $1,098,000.

Key Features

  • Built in 1953
  • House
  • Freehold
  • Basement: Partially finished, Full
  • Parking Pad Parking
  • Forced air, Natural gas Heat

Property Details

Community Forest Lawn
Property Type Single Family
Building Type House
Storeys 1
Year Built 1953
Ownership/Title Freehold
MLS® Number A2330249

Size & Land

Finished Area 840 sq ft
Land Size 566 m² Lot

Building Features

Basement Partially finished, Full
Heating Forced air, Natural gas
Cooling None
Foundation Poured Concrete

Parking

Parking Type Parking Pad
Parking Spaces 1

Financial & Other

Property Taxes $2,872/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,332/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 The Real Estate District · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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