2401 40 St, Calgary, Alberta T2B1C1
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$449/sqft
Est. Mortgage$2,576/mo
Tax Amount (2024)$2,814/yr
Days On Market21 days
Description
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. Viewings are subject to an accepted offer. Don’t miss out on this prime development opportunity with endless potential—act now!
Property Details
Interior
Features
Main Floor
Bedroom
30`11" x 33`1"Bedroom - Primary
32`10" x 39`4"Sunroom/Solarium
23`0" x 21`7"4pc Bathroom
21`4" x 24`1"Exterior
Parking
Garage spaces 2
Garage type -
Other parking spaces 0
Total parking spaces 2
Property History

