2028 43 Street SE - Photo 1 of 3, Calgary, Alberta
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$624,900

2028 43 Street SE — Calgary, Alberta

T2B1H3

URBAN-REALTY.ca
3Beds
2Baths
1,395Sq Ft
2Parking
1961Built
6,092Lot Sq Ft

About This Property

An exceptional permit-ready infill development opportunity in Calgary's rapidly revitalizing Forest Lawn corridor. This 50' x 122' R-CG lot includes a fully approved Development Permit for two modern duplexes featuring eight self-contained residential units, plus four detached garages. With Calgary’s citywide rezoning repeal taking effect Aug. 2026, this property’s already-approved Development Permit for eight residential units provides a significant advantage in today’s more restrictive development environment.Each duplex offers approximately 1,270 sq. ft. above grade with an additional 500 sq. ft. of developed legal basement space, maximizing rental income potential and long-term value. Approved building plans and DSSP are included, allowing the new owner to move directly toward construction.All major City approvals have been secured, eliminating entitlement and rezoning risk while significantly reducing project timelines, consultant fees, and soft costs. The purchaser only needs to obtain a partial Building Permit before commencing construction. To facilitate a seamless transition, the seller will assist with obtaining both the Demolition Permit and the partial Building Permit.Strategically located just minutes from International Avenue (17th Avenue SE), public transit, schools, shopping, parks, and major commuter routes, this property benefits from strong neighbourhood revitalization, increasing demand, and excellent long-term growth potential.This opportunity is ideally suited for: Build-to-sell developers seeking attractive resale margins. Long-term investors expanding their rental portfolio. Developers pursuing a CMHC MLI Select financing strategy. Investors looking for a shovel-ready, high-density infill project in one of Calgary's most active redevelopment corridors.With approvals already in place, this is a rare opportunity to acquire a construction-ready multi-family development site offering substantial time savings, reduced development risk, a nd strong rental and resale fundamentals.Joint venture opportunities are also available and open for discussion with qualified investors. (id:63357)

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Property Location

Map

Property Details

Property Type
Detached
Bedrooms
3
Bathrooms
2
Half Baths
0
Living Area
1,395 sqft
Above Grade Area
1,395 sqft
Year Built
1961
Status
Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Price History

$624,900

Aug 21, 2026

$5,000

-0.8%

$629,900

Aug 7, 2026

$10,000

-1.6%

Calgary Market Snapshot

6,712

Active Listings

$570K

MLS® HPI Benchmark

Source: Calgary Real Estate Board, August 2026.

Last updated: Aug 20, 2026

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$624,900
Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

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