Property Details

2401 40 Street SE
Calgary (A2202406)

$599,900
4
2
1,333 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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!

Property details

Basic Info

MLS® #
A2202406
Property Type:
Residential
Subtype:
Detached
Subdivision:
Forest Lawn
Price
$599,900
Sale/Lease:
For Sale
Size:
1,333 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1959 (66 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Single Garage Detached
Fence:
Fenced
Basement:
Separate/Exterior Entry, Finished, Full
Features:
See Remarks
Inclusions:
NA
Appliances:
Built-In Oven, Built-In Refrigerator, Dishwasher, Electric Cooktop, Oven, Refrigerator, Washer/Dryer, Window Coverings
Laundry:
In Basement
Exterior Features:
None
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Lot / Land Info

Lot Size:
0.14 acres
Lot Features:
Back Lane, Corner Lot, Level
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco,Vinyl Siding,Wood Frame
Floors:
Carpet, Ceramic Tile, Laminate, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Listing Info

Possession:
90 Days / Neg
Your Agent
  • Joshua Boyne

    780-978-5674

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    * Amounts are estimates only. Final payment amounts may vary.