2028 43 Street Se, Calgary, AB, T2B1H3

$614,900

3

Beds

2

Baths

1,395

Square feet

0.14

Acres

RARE APPROVED 8-UNIT DEVELOPMENT SITE | 50' x 122' R-CG | FOREST LAWN | READY TO ADVANCE TOWARD CONSTRUCTION Investors 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 DEVELOPERS The 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 approved 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.

Features of 2028 43 Street Se, Calgary

MLS® # A2330043
Price $614,900
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,395
Acres 0.14
Year Built 1961
Type Residential
Sub-Type Detached
Style 3 Level Split
Status Active
Community Information
Address 2028 43 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2B1H3
Zone Zone E

Amenities at 2028 43 Street Se, Calgary, AB

Parking Spaces 2
Parking Double Garage Detached
# of Garages 2
Is Waterfront No
Has Pool No
Suite No
Interior
Interior Features Storage, Vinyl Windows
Appliances Electric Stove, Microwave, Refrigerator, Washer/Dryer
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Full
Exterior
Exterior Features None
Lot Description Back Lane, Back Yard, Front Yard
Roof Asphalt Shingle
Construction Stucco, Wood Frame
Foundation Poured Concrete
Additional Information
Date Listed July 16th, 2026
Days on Market 92
Zoning MC-1
Foreclosure No
Short Sale No
RE / Bank Owned No

2028 43 Street Se, Calgary Listing Details

OfficeURBAN-REALTY.ca
WebsiteTo see this home contact Chamberlain Real Estate Group to Schedule your tour.

More About 2028 43 Street Se, Calgary, AB

2028 43 Street Se Calgary is located in the neighbourhood of Forest Lawn. The community of Forest Lawn has 28 available properties. Forest Lawn makes up 0.42% of the 6,693 total properties listed in Calgary. Homes in Forest Lawn are listed for an average price of $498,671. That is 28.28% lower than the average asking price of $695,273 found across all Calgary properties for sale. If you would like to see other homes like 2028 43 Street Se Calgary please reach out to us 403-879-4145. Properties like 2028 43 Street Se can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 2028 43 Street Se Calgary or another home like it in the future. Get directions to 2028 43 Street Se Calgary.

2028 43 Street Se, Calgary, Alberta Map

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