Save
Ask
Tour
Hide
Share
$584,900
22 Days On Site

2401 40 Street SE
Calgary, AB T2B 1C1

For Sale|Single Family Residence|Pending
5
Beds
2
Total Baths
2
Full Baths
1,333.18
SqFt
$439
/SqFt
1959
Built
Subdivision:
Forest Lawn
County:
Calgary

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

2401 40 Street SE2401 40 Street SE2401 40 Street SE2401 40 Street SE
Save
Ask
Tour
Hide
Share

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!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$584,900
Days On Site 
22 Days
Bedrooms 
5
Inside Area (SqFt) 
1,333.18 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1959
MLS® Number 
A2232544
Status 
Pending
Property Tax 
$3,077
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Pending
3 weeks agoListing first seen on site
General Features
Acres 
0.14
Direction Faces 
East
Garage 
Yes
Garage Spaces 
2
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Stories 
One
Style 
Bungalow
Zoning 
R-CG
Interior Features
Appliances 
OvenRefrigeratorDishwasherElectric CooktopWasherDryer
Basement 
FinishedFull
Flooring 
Ceramic TileCarpetLaminateTile
Heating 
Forced Air
Laundry Features 
In Basement
Window Features 
Window Coverings
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
StuccoVinyl Siding
Fencing 
Fenced
Frontage 
15.24M 50`0"
Lot Features 
Corner LotLevel
Roof 
Metal
Windows/Doors 
Window Coverings
Listing courtesy of Tisha McKenna of Keller Williams BOLD Realty

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Alberta One Realty Listing Services (Pillar 9)
Last checked 2025-07-11 11:47 AM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share