1827 43 Street Se, Calgary, Alberta T2B 1H1

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$575,000

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. (id:55577)

Property Features

  • MLS® Number A2330250
  • Price $575,000
  • Bedrooms: 1
  • Bathrooms: 1
  • Square Footage: 857 sqft
  • Property Type: House
  • Community Name: Forest Lawn
  • Amenities Near By Playground, Schools, Shopping
  • Features Back Lane, No Smoking Home
  • Parking Space Total 3
  • Plan 1883gr
  • Structure Deck

Buildings

Bathroom Total 1 Bedrooms Above Ground 1
Bedrooms Total 1 Appliances None
Architectural Style Bungalow Basement Development Unfinished
Basement Type Full (unfinished) Constructed Date 1957
Construction Style Attachment Detached Cooling Type None
Exterior Finish Vinyl Siding Foundation Type Poured Concrete
Heating Type Forced Air Stories Total 1
Size Interior 857 Sqft Total Finished Area 857.34 Sqft
Type House

Parking

Detached Garage 3

Land

Acreage No Fence Type Fence
Land Amenities Playground, Schools, Shopping Landscape Features Landscaped
Size Depth 37.18 M Size Frontage 15.27 M
Size Irregular 566.00 Size Total 566 M2|4,051 - 7,250 Sqft
Size Total Text 566 M2|4,051 - 7,250 Sqft Zoning Description M-c1

Rooms

Level Type Dimensions
Basement Laundry Room 10.08 Ft x 8.00 Ft
Main Level Bedroom 11.33 Ft x 12.08 Ft
Main Level 3pc Bathroom 4.92 Ft x 7.75 Ft

Agents and Offices

  • Ryan Stulp
  • Office: The Real Estate District

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