2024 43 Street SE, Calgary, AB, T2B 1H4

MLS® # A2324699

House For Sale In Forest Lawn, Calgary, Alberta

$674,900 QuickQuote^TM: Not Available

3+2 Beds

2 Baths

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2024 43 Street SE, Calgary, AB, T2B 1H4

$674,900

5 Beds

2 Baths

Property Information:

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.

Inclusions: n/a

Building Features:

Total Finished Area: 958.00

Property Features:

Architectural Style: Bungalow
Built in: 1961
Construction Materials: Wood Frame
Cooling: None
Exterior Features: Private Entrance, Private Yard
Floor Space (approx): 958.00 Square Feet
Flooring: Carpet, Ceramic Tile, Laminate
Foundation Details: Poured Concrete
Heating: Forced Air, Natural Gas
Interior Features: No Animal Home, Sump Pump(s)
Levels: One
Lot Size: 6092.00 Square Feet
Parking Features: Single Garage Detached
Roof: Asphalt Shingle
Zoning: R-CG
No. of Parking Spaces: 1

Courtesy of: Real Estate Professionals Inc.

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 2024 43 Street SE, Calgary, AB, T2B 1H4

Lifestyle
Neighbourhood

Demographic Information of 2024 43 Street SE, Calgary, AB, T2B 1H4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,764.88

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.15 %

High school certificate or equivalent

41.49 %

Apprenticeship trade certificate/diploma

11.28 %

College/non-university certificate

12.95 %

University certificate (below bachelor)

0.02 %

University Degree

3.11 %

Commuter

Travel To Work

By Car

78.9 %

By Public Transit

13.23 %

By Walking

3.8 %

By Bicycle

0.03 %

By Other Methods

4.04 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.73 %

Houses

79.27 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 2024 43 Street SE, Calgary, AB, T2B 1H4

Demographic Information of 2024 43 Street SE, Calgary, AB, T2B 1H4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

2024 43 Street SE, Calgary, AB, T2B 1H4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing