$ 599,900
2622 42 Street Se
Kitchen - 2622 42 Street Se, Calgary, AB T2B1G7 Photo 1
47 Photos
Dining room - 2622 42 Street Se, Calgary, AB T2B1G7 Photo 2
Living room - 2622 42 Street Se, Calgary, AB T2B1G7 Photo 3
Bedroom - 2622 42 Street Se, Calgary, AB T2B1G7 Photo 6 4pc Bathroom - 2622 42 Street Se, Calgary, AB T2B1G7 Photo 7 2622 42 Street Se, Calgary, AB T2B1G7 Photo 8 2622 42 Street Se, Calgary, AB T2B1G7 Photo 9 2622 42 Street Se, Calgary, AB T2B1G7 Photo 10 2622 42 Street Se, Calgary, AB T2B1G7 Photo 11 2622 42 Street Se, Calgary, AB T2B1G7 Photo 12 2622 42 Street Se, Calgary, AB T2B1G7 Photo 13 2622 42 Street Se, Calgary, AB T2B1G7 Photo 14 2622 42 Street Se, Calgary, AB T2B1G7 Photo 15 2622 42 Street Se, Calgary, AB T2B1G7 Photo 16 2622 42 Street Se, Calgary, AB T2B1G7 Photo 17 2622 42 Street Se, Calgary, AB T2B1G7 Photo 18 2622 42 Street Se, Calgary, AB T2B1G7 Photo 19 2622 42 Street Se, Calgary, AB T2B1G7 Photo 20 2622 42 Street Se, Calgary, AB T2B1G7 Photo 21 2622 42 Street Se, Calgary, AB T2B1G7 Photo 22 2622 42 Street Se, Calgary, AB T2B1G7 Photo 23 2622 42 Street Se, Calgary, AB T2B1G7 Photo 24 2622 42 Street Se, Calgary, AB T2B1G7 Photo 25 2622 42 Street Se, Calgary, AB T2B1G7 Photo 26 2622 42 Street Se, Calgary, AB T2B1G7 Photo 27 2622 42 Street Se, Calgary, AB T2B1G7 Photo 28 2622 42 Street Se, Calgary, AB T2B1G7 Photo 29 2622 42 Street Se, Calgary, AB T2B1G7 Photo 30 2622 42 Street Se, Calgary, AB T2B1G7 Photo 31 2622 42 Street Se, Calgary, AB T2B1G7 Photo 32 2622 42 Street Se, Calgary, AB T2B1G7 Photo 33 2622 42 Street Se, Calgary, AB T2B1G7 Photo 34 2622 42 Street Se, Calgary, AB T2B1G7 Photo 35 2622 42 Street Se, Calgary, AB T2B1G7 Photo 36 2622 42 Street Se, Calgary, AB T2B1G7 Photo 37 2622 42 Street Se, Calgary, AB T2B1G7 Photo 38 2622 42 Street Se, Calgary, AB T2B1G7 Photo 39 2622 42 Street Se, Calgary, AB T2B1G7 Photo 40 2622 42 Street Se, Calgary, AB T2B1G7 Photo 41 2622 42 Street Se, Calgary, AB T2B1G7 Photo 42 2622 42 Street Se, Calgary, AB T2B1G7 Photo 43 2622 42 Street Se, Calgary, AB T2B1G7 Photo 44 2622 42 Street Se, Calgary, AB T2B1G7 Photo 45 2622 42 Street Se, Calgary, AB T2B1G7 Photo 46 2622 42 Street Se, Calgary, AB T2B1G7 Photo 47

2622 42 Street Se, Calgary

An exceptional opportunity for developers, investors, and builders in a rapidly transforming inner-city corridor. Situated on a large 50' x 122' RC-G lot, this property comes with Development Permit (DP) approval from the City of Calgary for an 8-unit residential project, allowing you to fast-track your next development. This lot is exception for building as its a flat lot with no power poles and very few trees. The surrounding area is experiencing significant revitalization, with numerous newly completed and approved multi-family projects nearby, making this an outstanding investment in one of southeast Calgary's emerging redevelopment pockets.The existing bungalow offers excellent holding income while you plan your project, featuring 3 bedrooms on the main floor and a 2-bedroom illegal basement suite with a separate entrance. Recent updates include new shingles on both the house and detached garage as well as a new sewer line from the home to the city connection. The main floor showcases original hardwood flooring beneath the living room carpet, a cozy wood-burning fireplace, a spacious kitchen and dining area, three generous bedrooms, and a full bathroom. The basement includes a shared laundry area, full kitchen, large living room, two bedrooms, a 3-piece bathroom, and additional storage.Perfectly positioned at 2622 42 Street SE, this property offers exceptional convenience with schools, parks, playgrounds, public transit, and shopping all within walking distance. Residents will appreciate quick access to 17 Avenue SE (International Avenue), a vibrant destination known for its diverse restaurants, cafés, grocery stores, and everyday amenities. Major routes including Memorial Drive, Deerfoot Trail, and Stoney Trail provide easy commuting throughout Calgary, while downtown is just a short drive away.Whether you're looking to develop immediately with an approved 8-unit project, hold as an income-producing property, or renovate for future appreciation, opportu nities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location. (id:1945)
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Property details for 2622 42 Street Se, Calgary

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
1
Living Area
991 square feet
Lot Size
6100.00
Stories
1
Basement
Finished, Full, Separate entrance
Parking
Detached Garage
Heating
Forced air
Cooling
None
Ownership
Freehold
Annual Taxes
$3,272 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 2622 42 Street Se

Active Listings
21
Min Price
$54,900
Max Price
$599,900
Avg Price
$280,867
Days on Market
55
days
Sold Listings
2
Min Sold Price
$92,000
Max Sold Price
$399,900
Avg Sold Price
$245,950
Days until Sold
48
days

Neighbourhood Census Data

Calgary, Alberta

Population
441
Median Age
40.4
Median Income
$34,112
Dwelling Value
$324,048

Housing Tenure

Owners 63%
Renters 37%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.5
Pop. Density: 4,184.1/km²
Avg Shelter Cost: $1,055/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 22.7%
Tenants Spending 30%+: 25%
English only: 93.2%
English and French: 5.7%
Neither: 2.3%
Median Household Income: $62,336
Median Employment Income: $37,632

Price History

Listed
August 9, 2026
by Real Broker
Current Price
$599,900
-4% from last change
Type
Residential
For Sale
Price Changes
1
Date Price Change
Current $599,900 $25,000 (-4%)
Sep 2, 2026 $624,900 Listed

Contact Agent Get in touch about 2622 42 Street Se, Calgary

Robby Khun Khun
Real Broker

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