All East Calgary Homes For Sale
2028 43 Street SE
Forest Lawn
Calgary
T2B 1H3
$614,900
Residential
beds: 3
baths: 2.0
1,395 sq. ft.
built: 1961
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2330043
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1961
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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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- 3 Level Split
- Total Living Area:
- 1,395 sq. ft.130 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
- Signup
- Acreage:
- No
- Lot Area:
- 6,092 sq. ft.566 m2
- Lot Frontage:
- 15'2⅞"4.65 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Front Exposure:
- West
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- 3 Level Split
- Total Rooms Above Grade:
- 7
- Year built:
- 1961 (Age: 65)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms On Main:
- 0
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Num Ensuite Baths:
- 0
- Plan:
- 9027GU
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, None
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Hardwood, Laminate, Tile
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement
- Southeast
- Forest Lawn
- Electric Stove, Microwave, Refrigerator, Washer/Dryer
- NA
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bonus Room
- 119'9"36.50 m × 22'4"6.81 m
- Main Floor
- Living Room
- 175'10"53.60 m × 161'9"49.30 m
- Main Floor
- Entrance
- 65'11"20.10 m × 36'5"11.10 m
- Main Floor
- Kitchen
- 127'8"38.90 m × 103'8"31.60 m
- Main Floor
- Mud Room
- 102'31.10 m × 81'24.70 m
- Main Floor
- Dining Room
- 98'9"30.10 m × 87'7"26.70 m
- 2nd Floor
- Bedroom
- 121'1"36.90 m × 95'6"29.10 m
- 2nd Floor
- Bedroom
- 111'3"33.90 m × 87'7"26.70 m
- 2nd Floor
- Bedroom - Primary
- 137'2"41.80 m × 111'3"33.90 m
- Basement
- Laundry
- 140'5"42.80 m × 49'6"15.10 m
- Basement
- Game Room
- 198'2"60.40 m × 190'57.90 m
- Floor
- Ensuite
- Pieces
- Other
- 2nd Floor
- No
- 4
- 75'6" x 97'1"
- Basement
- No
- 3
- 46'3" x 73'6"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Interior Features:
- Storage, Vinyl Windows
- Exterior Features:
- None
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Back Yard, Front Yard
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- MC-1
- Listed Date:
- Jul 16, 2026
- Days on Mkt:
- Signup
Larger map options:
Listed by URBAN-REALTY.ca
Data was last updated October 7, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $549,000
- Min list price:
- $138,000
- Max list price:
- $809,900
- Avg days on market:
- 63
- Min days on market:
- 2
- Max days on market:
- 151
- Avg price per sq.ft.:
- $492.71
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- RYAN TORRIS
- Blackrock Real Estate Group & CIR REALTY
- (403) 710-7653
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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