AB > Calgary > Forest Lawn
Calgary, AB T2B1C1,2401 40 ST SE
Calgary, AB T2B1C1,2401 40 ST SE
Calgary, AB T2B1C1,2401 40 ST SE
Calgary, AB T2B1C1,2401 40 ST SE
Calgary, AB T2B1C1,2401 40 ST SE
Calgary, AB T2B1C1,2401 40 ST SE
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Lindsay Bosma

Lindsay Bosma

LPT Realty

+1(403) 702-5432
$ 599,900
Est. payment | /mo
Save
$ 599,900
Est. payment | /mo
Save

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,333 sqft

Price per Sqft $450

Subdivision Forest Lawn

MLS® Listing ID A2202406

Style Bungalow

Bedrooms 5

Full Baths 2

Originating Board Calgary

Year Built 1959

Annual Tax Amount $2,814

Tax Year 2024

Lot Size 6,307 Sqft

Acres 0.14

Property Sub-Type Detached

Property Description

An incredible opportunity for investors, builders, and developers, this rare RC-G zoned CORNER LOT with a back lane spans 50 x 126 feet, offering the potential to develop a 4-plex with legal suites for up to eight units, subject to city approval. Located on a quiet street just a few blocks from schools, the property features a fully fenced oversized lot. The main floor includes two bedrooms, a full bathroom, a large living room, a sitting room, and a bright solarium overlooking the backyard. Basement features a separate entrance, with a kitchen, two bedrooms and bath. A single detached garage and ample street parking add convenience, while the surrounding area continues to grow with new developments along 17 Ave SE. Whether you're looking to build now or hold for future development, this property presents an exceptional chance to live, rent, and invest, with a long-term tenant already in place. Viewings are subject to an accepted offer. Don't miss out on this prime development opportunity with endless potential—act now!

Location

Province AB

County Calgary

Area Cal Zone E

Zoning R-CG

Direction E

Rooms

Basement Separate/Exterior Entry, Finished, Full

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Carpet, Ceramic Tile, Laminate, Linoleum

Inclusions NA

Appliance Built-In Oven, Built-In Refrigerator, Dishwasher, Electric Cooktop, Oven, Refrigerator, Washer/Dryer, Window Coverings

Laundry In Basement

Exterior

Parking Features Double Garage Detached

Garage Spaces 2.0

Garage Description Double Garage Detached

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch None

Lot Frontage 50.0

Total Parking Spaces 2

Building

Lot Description Back Lane, Corner Lot, Level

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Stucco,Vinyl Siding,Wood Frame

Others

Restrictions None Known

Tax ID 95477276

Ownership Private

Listed by Keller Williams BOLD Realty
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(403) 702-5432

info@lindsaybosma.com

1000-250 2 ST SW Calgary, Alberta, CAN

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2401 40 ST SE