2028 43 Street Se, Calgary, Alberta T2B 1H3

Listed for:
$639,900
3 beds
2 baths
Listed 9 days ago
House for rent: 2028 43 Street Se, Calgary, Alberta T2B 1H3

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About

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.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, and strong rental and resale fundamentals.Joint venture opportunities are also available and open for discussion with qualified investors. (id:27476)

Property Highlights

MLS® Number
A2330043
Type
Single Family
Community Name
Forest Lawn
Ownership Type
Freehold
Land Size
6092 sqft|4,051 - 7,250 sqft
Parking Space Total
2

Building

Building Type
House
Square Footage
1395 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Amenities
Park, Playground, Schools, Shopping
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
URBAN-REALTY.ca
MLS® number:
A2330043
Agent:
Aisha Alrazi
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Street Spotlight - For sale