Dedication | Focus | Loyalty
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Active
$575,000
1827 43 Street SE
Forest Lawn, Calgary
MLS® #A2330250
- 1 Beds
- 1 Baths
- 857 Sqft
- 566 square meters
- Built 1957
- Single Family
- ✓ 3+ Parking Spaces
- ✓ Air Conditioning
- ✓ Real Lot Size Listed
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:66619)
Features
Interior
1 bedrooms, 1 bathrooms, 857 sqft
Lot
566 square meters
Parking
3 spaces
Heating
Forced air
Cooling
None
Year Built
1957
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.