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Active
$575,000
1831 43 Street SE
Forest Lawn, Calgary
MLS® #A2330249
- 1 Beds
- 2 Baths
- 840 Sqft
- 566 square meters
- Built 1953
- Single Family
- ✓ Air Conditioning
- ✓ Real Lot Size Listed
NEW PRICE! ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare opportunity to acquire this M-C1 zoned parcel together with adjacent 1827 43 Street SE for a total package price of $1,150,000. Combined, the properties create an impressive 100′ x 122′ land assembly totaling over 12,000 sq.ft. in the heart of Forest Lawn.Located directly on 17 Ave SE (International Avenue) and roughly 150m from the 44 St SE MAX Purple BRT station, the assembly 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 assembly provides flexibility for builders and investors seeking multi-residential development potential in an established inner-city location. Combined frontage of approximately 100 feet is increasingly difficult to find along this corridor.1831 contains an existing owner-occupied bungalow that may provide interim holding value while development plans are pursued. Adjacent 1827 43 Street SE is being marketed strictly for land value.Minutes from schools, shopping, restaurants, transit, downtown and major commuter routes.PROPERTY MUST BE PURCHASED TOGETHER WITH 1827 43 STREET SE. TOTAL ASSEMBLY PRICE: $1,150,000. (id:66619)
Features
Interior
1 bedrooms, 2 bathrooms, 840 sqft
Lot
566 square meters
Parking
1 spaces
Heating
Forced air, Natural gas
Cooling
None
Year Built
1953
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.