1827 43 Street SE
Calgary, Alberta
MLS® A2330250
$575,000
- Status
- Active
- Property type
- House
- MLS® number
- A2330250
- Bedrooms
- 1
- Bathrooms
- 1
- Year built
- 1957
1 / 18Listing description
NEW PRICE! ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional M-C1 development opportunity in the heart of Forest Lawn, offered together with adjacent 1831 43 Street SE for a total package price of $1,150,000.
Together, the properties create a rare 100' x 122' land assembly totaling over 12,000 sq. ft. , just one block from International Avenue (17 Ave SE).
The assembly sits roughly 150m from the 44 St SE MAX Purple BRT station and benefits from a transit-supportive 25% parking stall reduction for multi-residential development under Calgary's Land Use Bylaw. No relaxation application is required based on the site's proximity to transit, which can materially improve site efficiency and future development potential. Zoned M-C1 and unaffected by the recent citywide rezoning repeal, this site offers continued flexibility for builders and investors seeking multi-residential development potential in an established inner-city location.
Large M-C1 development sites with 100 feet of combined frontage are increasingly difficult to find. The existing structure at 1827 is not habitable and is being sold for land value only. Adjacent 1831 43 Street SE contains a livable owner-occupied bungalow that may provide holding value while redevelopment plans are pursued.
Minutes from downtown Calgary, transit, shopping, restaurants, schools and major commuter routes. PROPERTY MUST BE PURCHASED TOGETHER WITH 1831 43 STREET SE. TOTAL ASSEMBLY PRICE: $1,150,000.
Property summary
- MLS® number
- A2330250
- Property type
- Single Family
- Building type
- House
- Square footage
- 857 sq ft
- Title
- Freehold
- Land size
- 566 square meters
- Built in
- 1957
- Annual property taxes
- $2,969.00
- Parking
- 3 spaces · Detached Garage
- Days on market
- 38 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Unfinished, Full
- Appliances
- None
- Exterior features
- Vinyl siding
- Lot features
- Back lane, No Smoking Home
- Architectural style
- Bungalow
What would this home cost you?
Based on the $575,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of The Real Estate District, Calgary.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.