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$625,000

1827 43 Street SE

Forest Lawn, Calgary, Alberta

1 bed·1 bath·Detached·MLS® A2322853·2mo ago

About this home

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional MC-1 development opportunity in the heart of Forest Lawn. This property is being offered together with adjacent 1831 43 Street SE, creating a rare 100' x 122' land assembly (over 12,000 sq.ft.) just one block from International Avenue (17 Ave SE). Surrounded by ongoing redevelopment and positioned within one of Calgary’s most active growth corridors, this site offers outstanding potential for future multi-residential development. The parcels are zoned MC-1 and are not affected by the recent citywide rezoning repeal, providing continued flexibility for builders and investors seeking density in an established inner-city location. The existing structure on this property is not habitable and is being sold for land value only. Adjacent 1831 43 Street SE contains a livable owner-occupied home that may provide holding value while redevelopment plans are pursued. Minutes from downtown Calgary, transit, shopping, restaurants, schools and major commuter routes. Large MC-1 development sites with 100 feet of combined frontage are increasingly difficult to find. PROPERTY MUST BE PURCHASED TOGETHER WITH 1831 43 STREET SE. Interior photos available upon request. (id:66681)

Property details

Bedrooms
1
Bathrooms
1
Half baths
0
Year built
1957
Property type
Residential
Community
Forest Lawn
MLS®
A2322853
Days on market
26

Location

Listing information last updated 2mo ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$125,000 (20%)

Base loan amount$500,000

$3,049 / month

First payment: $2,262 interest, $787 principal