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2024 43 Street Se Calgary, Alberta T2B 1H4

5 Bedroom 2 Bathroom 958 sqft
Bungalow None Forced Air Landscaped

$674,900

Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage.Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above. Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside. (id:59954)

Property Details

MLS® Number A2324699
Property Type Single Family
Community Name Forest Lawn
AmenitiesNearBy Park, Playground, Schools, Shopping
Features Back Lane, Pvc Window, No Animal Home, Level
ParkingSpaceTotal 1
Plan 9027gu

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Appliances Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Separate Entrance, Suite
BasementType Full (finished)
ConstructedDate 1961
ConstructionMaterial Wood Frame
ConstructionStyleAttachment Detached
CoolingType None
FlooringType Carpeted, Ceramic Tile, Laminate
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 958 Sqft
TotalFinishedArea 958 Sqft
Type House

Parking

Detached Garage 1

Land

Acreage No
FenceType Fence
LandAmenities Park, Playground, Schools, Shopping
LandscapeFeatures Landscaped
SizeDepth 37.3 M
SizeFrontage 15.2 M
SizeIrregular 566.00
SizeTotal 566 M2|4,051 - 7,250 Sqft
SizeTotalText 566 M2|4,051 - 7,250 Sqft
ZoningDescription R-cg

Rooms

LevelTypeDimensions
Basement Family Room 14.42 Ft x 11.67 Ft
Basement Kitchen 10.00 Ft x 9.00 Ft
Basement Dining Room 5.00 Ft x 5.00 Ft
Basement Bedroom 10.50 Ft x 13.83 Ft
Basement Bedroom 10.83 Ft x 9.67 Ft
Basement 4pc Bathroom 7.50 Ft x 5.00 Ft
Basement Furnace 11.00 Ft x 7.00 Ft
Basement Laundry Room 7.50 Ft x 3.50 Ft
Main Level Kitchen 8.00 Ft x 8.00 Ft
Main Level Pantry 3.25 Ft x 2.58 Ft
Main Level Living Room 15.75 Ft x 15.25 Ft
Main Level Dining Room 7.00 Ft x 6.00 Ft
Main Level Foyer 4.00 Ft x 4.00 Ft
Main Level Primary Bedroom 11.67 Ft x 11.00 Ft
Main Level Bedroom 11.67 Ft x 8.17 Ft
Main Level Bedroom 11.50 Ft x 8.00 Ft
Main Level 4pc Bathroom 8.00 Ft x 5.00 Ft
Main Level Other 3.00 Ft x 3.00 Ft

https://www.realtor.ca/real-estate/29961060/2024-43-street-se-calgary-forest-lawn