Calgary Realtor

$615,900 · For Sale
2028 43 Street SE, Calgary, Alberta
3Bedrooms
2Bathrooms
1,395sq ft
6,092sq ft Lot
69Days on Market

About This Property

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.

Key Features

  • Built in 1961
  • House
  • Freehold
  • Basement: Finished, Full
  • Detached Garage Parking
  • Forced air, Natural gas Heat

Property Details

Community Forest Lawn
Property Type Single Family
Building Type House
Year Built 1961
Ownership/Title Freehold
MLS® Number A2330043

Size & Land

Finished Area 1,395 sq ft
Land Size 6,092 sq ft Lot

Building Features

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

Parking

Parking Type Detached Garage
Parking Spaces 2

Financial & Other

Property Taxes $2,865/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,616/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 URBAN-REALTY.ca · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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