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Home AB Greater Calgary Calgary Forest Lawn
2401 40 Street SE
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2401 40 Street SE $599,900
5 days ago
$599,900
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2401 40 Street SE
Calgary, Alberta T2B1C1

MLS® Number: A2202406
3 + 2
Bedrooms
2
Bathrooms
1333
Square Feet

Listing 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! (30233225)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1333 sqft
Community Name
Forest Lawn
Subdivision Name
Forest Lawn
Title
Freehold
Land Size
586 m2|4,051 - 7,250 sqft
Built in
1959
Annual Property Taxes
$2,814
Parking Type
Detached Garage (2)
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included
Refrigerator, Cooktop - Electric, Dishwasher, Oven, Oven - Built-In, Window Coverings, Washer & Dryer
Flooring
Carpeted, Ceramic Tile, Laminate, Linoleum
Basement Features
Separate entrance
Basement Type
Full (Finished)
Building Features
Features
See remarks, Back lane, Level
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Structures
None
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Vinyl siding
Neighbourhood Features
Amenities Nearby
Park, Playground, Schools, Shopping
Parking
Parking Type
Detached Garage (2)
Total Parking Spaces
2

Measurements

Square Footage
1333 sqft
Total Finished Area
1333 sqft

Rooms

MetricImperial
Main level
4pc Bathroom
Bedroom
Bedroom
Kitchen
Living room
Living room
Office
Primary Bedroom
Sunroom
Basement
4pc Bathroom
Bedroom
Kitchen
Laundry room
Recreational, Games room
Storage
Bedroom

Land

Lot Features
Fencing
Fence
Frontage
15.24 m
Land Depth
38.44 m
Other Property Information
Zoning Description
R-CG
Data provided by: Pillar 9™

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