2401 40 ST SE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2B1C1
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
Year Built 1959
Annual Tax Amount $2,814
Tax Year 2024
Lot Size 6,307 Sqft
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. 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
Interior
Heating Forced Air
Cooling None
Flooring Carpet,Ceramic Tile,Laminate,Linoleum
Inclusions NA
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 Metal
Building
Lot Description Back Lane,Corner Lot,Level
Foundation Poured Concrete
Structure Type Stucco,Vinyl Siding,Wood Frame