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2401 40 Street Se Calgary, Alberta T2B 1C1

$584,900

MLS® Number: A2202406 Bedrooms: 5 Bathrooms: 2 Square Footage: 1333 sqft Community: Forest Lawn
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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! (id:37074)

Property Features

Style: Bungalow Cooling: None Heating: Forced Air

Property Details

MLS® Number A2202406
Property Type Single Family
Neigbourhood Forest Lawn - Forest Heights
Community Name Forest Lawn
Amenities Near By Park, Playground, Schools, Shopping
Features See Remarks, Back Lane, Level
Parking Space Total 2
Plan 7379hj
Structure None

Parking

Detached Garage 2

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Refrigerator, Cooktop - Electric, Dishwasher, Oven, Oven - Built-in, Window Coverings, Washer & Dryer
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type Full (finished)
Constructed Date 1959
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Vinyl Siding
Flooring Type Carpeted, Ceramic Tile, Laminate, Linoleum
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 1
Size Interior 1,333 Ft2
Total Finished Area 1333.18 Sqft
Type House

Rooms

Level Type Dimensions
Basement 4pc Bathroom 6.50 M x 6.08 M
Basement Bedroom 11.92 M x 11.33 M
Basement Kitchen 11.92 M x 11.58 M
Basement Laundry Room 9.92 M x 5.75 M
Basement Recreational, Games Room 11.92 M x 15.08 M
Basement Storage 8.33 M x 2.67 M
Basement Bedroom 9.67 M x 8.92 M
Main Level 4pc Bathroom 6.50 M x 7.33 M
Main Level Bedroom 9.42 M x 10.08 M
Main Level Bedroom 9.42 M x 9.00 M
Main Level Kitchen 10.08 M x 19.08 M
Main Level Living Room 13.25 M x 9.67 M
Main Level Living Room 12.92 M x 17.17 M
Main Level Office 18.75 M x 8.25 M
Main Level Primary Bedroom 10.00 M x 12.00 M
Main Level Sunroom 7.00 M x 6.58 M

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Size Depth 38.44 M
Size Frontage 15.24 M
Size Irregular 586.00
Size Total 586 M2|4,051 - 7,250 Sqft
Size Total Text 586 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.

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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.

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