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&#39'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!

Property Details

Price:
$584,900
MLS #:
A2232544
Status:
Pending
Beds:
5
Baths:
2
Address:
2401 40 Street SE
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
City:
Calgary
Listed Date:
Jun 19, 2025
Province:
AB
Finished Sq Ft:
1,333
Postal Code:
211
Lot Size:
6,307 sqft / 0.14 acres (approx)
Year Built:
1959

Schools

Interior

Appliances
Built- In Oven, Built- In Refrigerator, Dishwasher, Electric Cooktop, Oven, Refrigerator, Washer/ Dryer, Window Coverings
Basement
Separate/ Exterior Entry, Finished, Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Corner Lot, Level
Parking Features
Double Garage Detached
Parking Total
2
Patio And Porch Features
None
Roof
Metal

Financial

Map

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2401 40 Street SE
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