2401 40 Street SE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2B1C1
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,333 sqft
Price per Sqft $450
Subdivision Forest Lawn
MLS Listing ID A2202406
Style Bungalow
Bedrooms 5
Originating Board Calgary Real Estate Board
Year Built 1959
Lot Size 6,307 Sqft
Acres 6307.6514
Property Sub-Type Freehold
Property 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! (id:24570)
Location
Province AB
Rooms
Kitchen 2.0
Extra Room 1 Basement 6.50 M x 6.08 M 4pc Bathroom
Extra Room 2 Basement 11.92 M x 11.33 M Bedroom
Extra Room 3 Basement 11.92 M x 11.58 M Kitchen
Extra Room 4 Basement 9.92 M x 5.75 M Laundry room
Extra Room 5 Basement 11.92 M x 15.08 M Recreational, Games room
Extra Room 6 Basement 8.33 M x 2.67 M Storage
Interior
Heating Forced air
Cooling None
Flooring Carpeted,Ceramic Tile,Laminate,Linoleum
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Fence
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold