MLS #A2352090 image #0
RARE APPROVED 8-UNIT DEVELOPMENT SITE | 50&#39' x 122&#39' R-CG | FOREST LAWN | READY TO ADVANCE TOWARD CONSTRUCTION

Investors and developers — this is an opportunity to acquire an already-approved multi-family infill project and bypass much of the time, cost and uncertainty normally associated with starting a new development.

Located in Calgary&#39's Forest Lawn redevelopment corridor, this 50&#39' x 122&#39' R-CG site has an APPROVED Development Permit for TWO DUPLEXES containing EIGHT self-contained residential units**, plus FOUR detached garages. 8 UNITS. APPROVED DESIGN. SIGNIFICANT TIME SAVINGS.

The approved project provides approximately:
8 self-contained residential units, approximately 1,270 sq. ft. above grade per unit, approximately 500 sq. ft. of developed legal basement space/ unit, 4 detached garages, 2 modern duplex buildings, Approved Development Permit, DSSP approval, Building plans available, Demolition process underway.

This is not a speculative rezoning play. The development entitlement is already substantially advanced, allowing the next owner to focus on financing, Building Permit completion and construction rather than starting the planning process from zero.

BUILT FOR INVESTORS AND DEVELOPERS
The property offers multiple potential exit strategies:
BUILD &#38' SELL: Construct and sell the completed units individually, subject to market conditions and applicable requirements.

BUILD &#38' HOLD: Retain the completed units as a multi-family rental portfolio and build long-term equity and rental income.

DEVELOP &#38' PARTNER: A qualified investor or developer can potentially structure a joint venture using the approved development as the foundation for the project.

FINANCING STRATEGY: The approved eight-unit configuration may be suitable for financing strategies available to qualifying multi-family projects, including potential CMHC programs, subject to current program requirements, lender approval and project eligibility.

The purchaser acquires an opportunity with an approved Development Permit, approved development configuration and supporting plans already in place, creating a substantially shorter path toward construction.

The seller is also prepared to assist with the applicable partial Building Permit process, subject to City requirements and mutually agreed transaction terms.

The location provides convenient access to established amenities while offering exposure to ongoing infill and redevelopment activity in the surrounding area.

FLEXIBLE DEAL STRUCTURES AVAILABLE (Qualified purchasers are invited to discuss): Joint-venture opportunities, Vendor-take-back financing, Traditional purchase, Other mutually acceptable transaction structures.
Current real estate data for Single Family in Calgary as of Nov 15, 2026
3,269
Single Family Listed
53
Avg DOM
489
Avg $ / SqFt
$875,044
Avg List Price

Property Details

Price:
$599,000
MLS #:
A2352090
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Oct 20, 2026
Finished Sq Ft:
1,395
Lot Size:
6,092 sqft / 0.14 acres (approx)
Year Built:
1961
Forest LawnFullBack Lane,back Yard,front Yard

Schools

Interior

Appliances
Electric Stove, Microwave, Refrigerator, Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Back Yard, Front Yard
Parking Features
Double Garage Detached
Parking Total
2
Patio And Porch Features
None
Roof
Asphalt Shingle

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Property Summary

    Located in the Forest Lawn subdivision, 2028 43 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2B1H3. It is listed for $599,000 and features 3 beds, 2 baths, and has approximately 1,395 square feet of living space, and was originally constructed in 1961. The current price per square foot is $429. The average price per square foot for Single Family listings in Calgary is $489. The average listing price for Single Family in Calgary is $875,044. To schedule a showing of MLS#a2352090 at 2028 43 Street SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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