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Headshot of Hardeep Sohee, real estate agent

Hardeep Sohee

License #: [Add RECA / license number]

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+1 403 700 1375

info@mehrrealty.ca

Mehr Realty is a licensed real estate brokerage in Alberta. Hardeep Sohee is a licensed real estate professional registered with Mehr Realty. All real estate services are provided through Mehr Realty. MLS® listing information is provided through the REALTOR.ca DDF® and is subject to the terms, conditions and accuracy of the applicable listing brokerage and the originating real estate board/association. Information is deemed reliable but not guaranteed and should be independently verified.

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ListingsActive
Single FamilyFreehold

2028 43 Street SE, Calgary, Alberta, T2B1H3

Calgary, Alberta, Canada· T2B1H3· Forest LawnMLS® A2330043
$614,900
$441/sqft
1 / 3
3Bedrooms
2Bathrooms
1,395sqft (square feet)
2Parking
76Days on Market

Property Details

Property TypeSingle Family
Style3 Level
Year Built1961
Living Area1,395 square feet
Lot Size6,092 sqft
Parking Spaces2
StatusActive
Property SubTypeFreehold
Full Address2028 43 Street SE, Calgary, Alberta, T2B1H3
SubdivisionForest Lawn

Listing Details

MLS® NumberMLS® A2330043
Listing BrokerageURBAN-REALTY.ca
Days on Market76 days

Description

RARE APPROVED 8-UNIT DEVELOPMENT SITE | 50' x 122' R-CG | FOREST LAWN | READY TO ADVANCE TOWARD CONSTRUCTIONInvestors and developers — this is an opportunity to acquire an already-approved multi-family infill project and bypass much of the time, cost and uncertainty normally associated with starting a new development.Located in Calgary's Forest Lawn redevelopment corridor, this 50' x 122' R-CG site has an APPROVED Development Permit for TWO DUPLEXES containing EIGHT self-contained residential units, plus FOUR detached garages. 8 UNITS. APPROVED DESIGN. SIGNIFICANT TIME SAVINGS.The approved project provides approximately:8 self-contained residential units, approximately 1,270 sq. ft. above grade per unit, approximately 500 sq. ft. of developed legal basement space/ unit, 4 detached garages, 2 modern duplex buildings, Approved Development Permit, DSSP approval, Building plans available, Demolition process underway.This is not a speculative rezoning play. The development entitlement is already substantially advanced, allowing the next owner to focus on financing, Building Permit completion and construction rather than starting the planning process from zero.BUILT FOR INVESTORS AND DEVELOPERSThe property offers multiple potential exit strategies:BUILD & SELL: Construct and sell the completed units individually, subject to market conditions and applicable requirements.BUILD & HOLD: Retain the completed units as a multi-family rental portfolio and build long-term equity and rental income.DEVELOP & PARTNER: A qualified investor or developer can potentially structure a joint venture using the approved development as the foundation for the project.FINANCING STRATEGY: The approved eight-unit configuration may be suitable for financing strategies available to qualifying multi-family projects, including potential CMHC programs, subject to current program requirements, lender approval and project eligibility.The purchaser acquires an opportunity with an ap proved Development Permit, approved development configuration and supporting plans already in place, creating a substantially shorter path toward construction.The seller is also prepared to assist with the applicable partial Building Permit process, subject to City requirements and mutually agreed transaction terms.The location provides convenient access to established amenities while offering exposure to ongoing infill and redevelopment activity in the surrounding area.FLEXIBLE DEAL STRUCTURES AVAILABLE (Qualified purchasers are invited to discuss): Joint-venture opportunities, Vendor-take-back financing, Traditional purchase, Other mutually acceptable transaction structures.

About This Listing

MLS® #A2330043

Welcome to the vibrant Forest Lawn community, located in Calgary, T2B1H3.

Interested in learning more about homes for sale in Forest Lawn? Read more information about MLS® Number #A2330043 here!

Do you want to learn more about MLS® Number #A2330043? Mehr Realty is committed to providing an outstanding service to our clients. Our REALTORS® are dedicated to helping you find the perfect home.

Ready to see it?+1 403 700 1375and one of our agents will get back to you ASAP!

Contact Agent

Hardeep Sohee
License #: [Add RECA / license number]
Mehr Realty Logo
Headshot of Hardeep Sohee, real estate agent
Call +1 403 700 1375
Request Showing
info@mehrrealty.ca

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Appliances

RefrigeratorStoveMicrowaveWasher & Dryer

Interior

HeatingForced air, Natural gas
CoolingNone
BasementFinished, Full
FireplaceNo
FlooringTile, Hardwood, Laminate, Carpeted
Bedrooms Above Grade3
Bedrooms Below Grade0

Exterior

Exterior FeaturesStucco
Lot FeaturesBack lane, PVC window
Lot Size6,092 sqft
ConstructionWood frame

Parking

Detached Garage

Room Dimensions

Bonus Room
Main level
6.80 M x 36.50 M
Living room
Main level
53.60 M x 49.30 M
Bedroom
Second level
36.90 M x 29.10 M
3pc Bathroom
Basement
14.10 M x 22.40 M
Other
Main level
11.10 M x 20.10 M
Bedroom
Second level
26.70 M x 33.90 M
Laundry room
Basement
15.10 M x 42.80 M
Kitchen
Main level
38.90 M x 31.60 M
4pc Bathroom
Second level
23.00 M x 29.60 M
Recreational, Games room
Basement
57.90 M x 60.40 M
Other
Main level
31.10 M x 24.70 M
Dining room
Main level
30.10 M x 26.70 M
Primary Bedroom
Second level
33.90 M x 41.80 M

Tax Information

Annual Tax$2,864.57
Tax Year2025

Monthly Payment Estimator

Estimate your monthly payment including mortgage, estimated insurance, and property taxes based on past rates.

Estimated Monthly Principal & Interest (P & I)
$3,045
Auto-filled from listing
Total$3,694/month
Principal & Interest
$3,045
Taxes
$239
Insurance
$410
Total / month$3,694

Estimated only. Actual payments vary based on lender, credit score, taxes, and insurance.

Walkability Score

Nearby Schools

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