2401 40 Street Se Calgary, Alberta T2B 1C1
$599,900
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:57810)
Property Details
| MLS® Number | A2202406 |
| Property Type | Single Family |
| Neigbourhood | East Shepard Industrial |
| Community Name | Forest Lawn |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | See Remarks, Back Lane, Level |
| Parking Space Total | 2 |
| Plan | 7379hj |
| Structure | None |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Refrigerator, Cooktop - Electric, Dishwasher, Oven, Oven - Built-in, Window Coverings, Washer & Dryer |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | Full (finished) |
| Constructed Date | 1959 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco, Vinyl Siding |
| Flooring Type | Carpeted, Ceramic Tile, Laminate, Linoleum |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,333 Ft2 |
| Total Finished Area | 1333.18 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 38.44 M |
| Size Frontage | 15.24 M |
| Size Irregular | 586.00 |
| Size Total | 586 M2|4,051 - 7,250 Sqft |
| Size Total Text | 586 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 4pc Bathroom | 6.50 M x 6.08 M | ||
| Basement | Bedroom | 11.92 M x 11.33 M | ||
| Basement | Kitchen | 11.92 M x 11.58 M | ||
| Basement | Laundry Room | 9.92 M x 5.75 M | ||
| Basement | Recreational, Games Room | 11.92 M x 15.08 M | ||
| Basement | Storage | 8.33 M x 2.67 M | ||
| Basement | Bedroom | 9.67 M x 8.92 M | ||
| Main Level | 4pc Bathroom | 6.50 M x 7.33 M | ||
| Main Level | Bedroom | 9.42 M x 10.08 M | ||
| Main Level | Bedroom | 9.42 M x 9.00 M | ||
| Main Level | Kitchen | 10.08 M x 19.08 M | ||
| Main Level | Living Room | 13.25 M x 9.67 M | ||
| Main Level | Living Room | 12.92 M x 17.17 M | ||
| Main Level | Office | 18.75 M x 8.25 M | ||
| Main Level | Primary Bedroom | 10.00 M x 12.00 M | ||
| Main Level | Sunroom | 7.00 M x 6.58 M |
https://www.realtor.ca/real-estate/28030819/2401-40-street-se-calgary-forest-lawn
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April 24 2025 07:58:34
Calgary Real Estate Board
Keller Williams Bold Realty
