$575,000
$584,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
2401 40 ST SE Calgary, AB T2B1C1
5 Beds
2 Baths
1,333 SqFt
Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,333 sqft
Price per Sqft $431
Subdivision Forest Lawn
MLS® Listing ID A2232544
Sold Date 07/15/25
Style Bungalow
Bedrooms 5
Full Baths 2
Year Built 1959
Annual Tax Amount $3,077
Tax Year 2025
Lot Size 6,307 Sqft
Acres 0.14
Property Sub-Type Detached
Source Calgary
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. Don't miss out on this prime development opportunity with endless potential—act now!
Location
State AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction E
Rooms
Basement Separate/Exterior Entry, Finished, Full
Interior
Interior Features See Remarks
Heating Forced Air
Cooling None
Flooring Carpet, Ceramic Tile, Laminate, Linoleum
Appliance Built-In Oven, Built-In Refrigerator, Dishwasher, Electric Cooktop, Oven, Refrigerator, Washer/Dryer, Window Coverings
Laundry In Basement
Exterior
Parking Features Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Metal
Porch None
Lot Frontage 50.0
Total Parking Spaces 2
Building
Lot Description Back Lane, Corner Lot, Level
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 101681512
Ownership Private
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