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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$774/sqft
Monthly cost
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Description
Welcome to 2211 41 Street SE, a rare redevelopment and investment opportunity in the highly accessible southeast Calgary community of Forest Lawn. Situated on a generously sized lot on a mature, tree-lined street, this property offers exceptional potential for builders, investors, and developers looking to secure a prime inner-city redevelopment site with approved permits already in place for a 4-plex with 4 legal basement suites (8 units total). Surrounded by ongoing revitalization and redevelopment activity, this is an ideal opportunity to fast-track a high-demand multi-family project in an increasingly evolving neighbourhood. The existing bungalow is not currently livable and is being sold as-is, where-is, with the primary value centered in the land, redevelopment potential, and approved permits. With development approvals already secured, this property presents a significant opportunity for builders and investors looking to reduce entitlement timelines and accelerate project execution. The property features a large rear yard with excellent access, a detached garage, oversized rear parking area, mature trees, and strong lot functionality that supports the approved multi-family redevelopment. The approved 4-plex with 4 legal basement suites offers an attractive opportunity to capitalize on Calgary’s growing demand for well-located multi-family housing in established inner-city communities. Positioned near schools, parks, shopping, transit, and major commuter routes, this location offers exceptional convenience for future residents and strong long-term investment fundamentals. Multiple schools and green spaces are located nearby, adding to the area’s family-friendly appeal and future resale desirability. Whether you’re looking to build immediately or secure a redevelopment site with substantial upside potential, 2211 41 Street SE presents a compelling opportunity in an established Calgary neighbourhood.
Property Details
Interior
Features
Main Floor
4pc Bathroom
6`11" x 5`1"Bedroom
12`11" x 8`3"Dining Room
8`8" x 6`5"Kitchen
9`4" x 14`7"Exterior
Parking
Garage spaces 1
Garage type -
Other parking spaces 3
Total parking spaces 4
Property History
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