2401 40 Street Se, Calgary, Alberta T2B 1C1

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$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:55577)

Property Features

  • MLS® Number A2202406
  • Price $599,900
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1333 sqft
  • Property Type: House
  • 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

Buildings

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 1333 Sqft 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 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

Agents and Offices

  • Tisha McKenna
  • Office: Keller Williams Bold Realty

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