pillar/IMG-A2330043_1.jpg
5 days on Market

2028 43 St, Calgary, Alberta T2B1H3

Detached
3
2
~1395.00 sqft
$639,900
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Detached
3
2
~1395.00 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$458/sqft

Monthly cost

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Description

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. 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, and strong rental and resale fundamentals. Joint venture opportunities are also available and open for discussion with qualified investors.


Property Details

Style3 Level Split
View-
Age of property1961
SqFt~1395.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2330043
Community NameForest Lawn
Data SourcePILLAR 9
Listing byURBAN-REALTY.ca

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished,None

Main Floor

Bonus Room

119`9" x 22`4"

Living Room

161`9" x 175`10"

Entrance

65`11" x 36`5"

Kitchen

103`8" x 127`8"


Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property listed by URBAN-REALTY.ca, Brokerage
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Market Data - Forest Lawn

Geo Zone Map ThumbnailForest Lawn

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2025

22 days

2024

6 days

2023

33 days

New Listings

Past 30 days

8 listings

Compared to

2025

10 listings

2024

11 listings

2023

9 listings

Units sold

Past 30 days

6 units

Compared to

2025

3 units

2024

7 units

2023

6 units

Median Sold Price

Past 30 days

$510,000

Compared to

2025

$465,000

2024

$565,000

2023

$390,000


Population and Demographics

Overview

Total population 7270
Average household income $80,302

Age (%)

0 to 19
23%
20 to 34
20%
35 to 49
21%
50 to 64
24%
65 and plus
13%

Household composition (%)

Single family
50%
Single person
35%
Multi person
15%
Multi family
1%

Mother tongue (%)

English
72%
Vietnamese
7%
Tagalog (Pilipino, Filipino)
6%
Others
4%
Arabic
4%
Spanish
2%
French
1%

House tenancy (%)

Renters
62%
Owners
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget