2401 40 Street SE Forest Lawn, Calgary, Alberta, CA

Address: 2401 40 Street SE, Calgary, Alberta

5 Beds2 Baths1333 sqftStatus: Buy
Price $584,900

Property Overview


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! (id:51532)

 

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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
Parking Type
Detached Garage(2)
Building
Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
5
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
Square Footage
1333 sqft
Total Finished Area
1333.18 sqft
Structures
None
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Vinyl siding
Parking
Parking Type
Detached Garage(2)
Total Parking Spaces
2
Land
Lot Features
Fencing
Fence
Other Property Information
Zoning Description
R-CG
Level Rooms Dimensions
Basement 4pc Bathroom 6.50 M x 6.08 M
Bedroom 11.92 M x 11.33 M
Kitchen 11.92 M x 11.58 M
Laundry room 9.92 M x 5.75 M
Recreational, Games room 11.92 M x 15.08 M
Storage 8.33 M x 2.67 M
Bedroom 9.67 M x 8.92 M
Main level 4pc Bathroom 6.50 M x 7.33 M
Bedroom 9.42 M x 10.08 M
Bedroom 9.42 M x 9.00 M
Kitchen 10.08 M x 19.08 M
Living room 13.25 M x 9.67 M
Living room 12.92 M x 17.17 M
Office 18.75 M x 8.25 M
Primary Bedroom 10.00 M x 12.00 M
Sunroom 7.00 M x 6.58 M

Features
           See remarks            Back lane            Level
           Detached Garage(2)            Refrigerator            Cooktop - Electric
           Dishwasher            Oven            Oven - Built-In
           Window Coverings            Washer & Dryer            Separate entrance
           None
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Your Home Finance Calculation

Property Price CA $584,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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