2024 43 Street SE
Calgary, Alberta
MLS® A2324699
$624,900
- Status
- Active
- Property type
- House
- MLS® number
- A2324699
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1961
1 / 45Listing description
Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors.
Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes. A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite.
The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.
The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage. Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.
The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above released March 2026 . Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs.
Build with confidence using this permit-ready opportunity while generating rental income from day one. Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside.
Property summary
- MLS® number
- A2324699
- Property type
- Single Family
- Building type
- House
- Square footage
- 958 sq ft
- Title
- Freehold
- Land size
- 566 square meters
- Built in
- 1961
- Annual property taxes
- $3,258.00
- Parking
- 1 space · Detached Garage
- Days on market
- 67 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Full, Separate entrance, Suite
- Flooring
- Laminate, Carpeted, Ceramic Tile
- Appliances
- Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer
- Lot features
- Back lane, PVC window, No Animal Home, Level
- Architectural style
- Bungalow
What would this home cost you?
Based on the $624,900 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 Real Estate Professionals Inc., 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.