2028 43 Street Se, Calgary, AB, T2B 1H3

Price Reduction

Address

2028 43 Street Se, Calgary, AB

Listing Type

Active

Price

$ 615,900

Property Attributes

ID#A2330043
TypeSingle Family
Listing Status Active
CityCalgary
AreaCAL Zone E
NeighbourhoodForest Lawn
Postal CodeT2B 1H3
Style3 Level Split
Year Built1961
Price$ 615,900
Bedrooms3
Full Bathrooms2
Half Bathrooms0
Sqr Footage1395
Lot Size0.139853 Acres

Data Source:

Pillar 9 Technologies

Property Description

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. With Calgary’s citywide rezoning repeal taking effect Aug. 2026, this property’s already-approved Development Permit for eight residential units provides a significant advantage in today’s more restrictive development environment. 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.

Price History
7/17/2026	Listed $639,900
8/7/2026	2$629,900
8/20/2026	1$624,900
8/29/2026	2$615,900

General Features

Heating	Forced Air,Natural Gas
Cooling	None
Roof	Asphalt Shingle
Appliances	Electric Stove,Microwave,Refrigerator,Washer/Dryer
Zoning	MC-1
Number of Garage Spaces	2
Restrictions	None Known
Year Built	1961
Architectural Style	3 Level Split
Community Features	Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
Levels	3 Level Split
Property Subtype	Detached
Transaction Type	For Sale
County	Calgary
Property Type	Residential
Subdivision Name	Forest Lawn
Parking Total	2
Construction Materials	Stucco,Wood Frame
District	CAL Zone E
Full Baths	2
Status	Active
City	Calgary
Basement Development	Finished
Structure Type	House
Standard Status	Active
Condo Type	Not a Condo
Suite	No

Interior Features

Interior Features	Storage,Vinyl Windows
Basement	Full
Flooring	Carpet,Hardwood,Laminate,Tile
Basement Features	None
Bedrooms Above Grade	3
Rooms Above Grade	7
Total Bedrooms	3
Below Grade Finished Area Unit Type	SquareFeet
Total Baths	2
Laundry Features	In Basement
Main Level Areas	SquareFeet

Exterior Features

Exterior Features	None
Lot Features	Back Lane,Back Yard,Front Yard
Fencing	Fenced
Inclusions	NA
Parking Features	Double Garage Detached
Frontage Length	4.64M 15`3
Foundation	Poured Concrete
Lot Size Acres	0.14
Garage Y/N	Yes
Lot Size Square Feet	6092
Frontage Ft	15.24
Patio And Porch Features	None