$ 624,900

2024 43 Street Se, Calgary

Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage.Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above released March 2026 . Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside. (id:1945)
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Property details for 2024 43 Street Se, Calgary

Type
Residential
Style
Bungalow
Bedrooms
5
Bathrooms
2
Living Area
958 square feet
Lot Size
566.00
Stories
1
Basement
Finished, Full, Separate entrance, Suite
Parking
Detached Garage
Heating
Forced air, Natural gas
Cooling
None
Ownership
Freehold
Annual Taxes
$3,258 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 2024 43 Street Se

Active Listings
21
Min Price
$480,000
Max Price
$624,900
Avg Price
$546,714
Days on Market
43
days
Sold Listings
10
Min Sold Price
$425,000
Max Sold Price
$644,900
Avg Sold Price
$551,950
Days until Sold
70
days

Neighbourhood Census Data

Calgary, Alberta

Population
394
Median Age
44
Median Income
$26,133
Dwelling Value
$324,755

Housing Tenure

Owners 54%
Renters 50%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 2,855.1/km²
Avg Shelter Cost: $1,158/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 50%
Tenants Spending 30%+: 42.9%
English only: 91%
English and French: 3.8%
Neither: 5.1%
Median Household Income: $55,680
Median Employment Income: $29,984

Price History

Listed
June 26, 2026
by Real Estate Professionals Inc.
Current Price
$624,900
-3.8% from last change
Type
Residential
For Sale
Price Changes
2
Date Price Change
Current $624,900 $25,000 (-3.8%)
Jul 20, 2026 $649,900 $25,000 (-3.7%)
Jul 9, 2026 $674,900 Listed

Contact Agent Get in touch about 2024 43 Street Se, Calgary

Katrina Watycha
Katrina Watycha
Real Estate Professionals Inc.