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!
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
Contact Us
Similar Listings Nearby
- 631 34 Avenue NE
Calgary, AB$760,000
4.68 miles away
- 1611, 222 Riverfront Avenue
Calgary, AB$759,900
4.16 miles away
- 8704 6 Street SE
Calgary, AB$759,000
4.98 miles away
- 619 1 Avenue NW
Calgary, AB$750,000
4.67 miles away
- 230 8A Street NE
Calgary, AB$750,000
3.19 miles away
- 601, 1020 9 Avenue SE
Calgary, AB$749,900
2.76 miles away
- 221 5 Avenue NE
Calgary, AB$749,900
3.94 miles away
- 111 11 Avenue NW
Calgary, AB$749,900
4.29 miles away
- 201, 228 26 Avenue SW
Calgary, AB$749,900
4.01 miles away
- 811, 730 2 Avenue SW
Calgary, AB$749,900
4.55 miles away

2401 40 Street SE
Calgary, AB
LIGHTBOX-IMAGES