55 m
Distance
An exceptional opportunity for developers, investors, and builders in a rapidly transforming inner-city corridor. Situated on a large 50' x 122' RC-G lot, this property comes with Development Permit (DP) approval from the City of Calgary for an 8-unit residential project, allowing you to fast-track your next development. This lot is exception for building as its a flat lot with no power poles and very few trees. The surrounding area is experiencing significant revitalization, with numerous newly completed and approved multi-family projects nearby, making this an outstanding investment in one of southeast Calgary's emerging redevelopment pockets. The existing bungalow offers excellent holding income while you plan your project, featuring 3 bedrooms on the main floor and a 2-bedroom illegal basement suite with a separate entrance. Recent updates include new shingles on both the house and detached garage as well as a new sewer line from the home to the city connection. The main floor showcases original hardwood flooring beneath the living room carpet, a cozy wood-burning fireplace, a spacious kitchen and dining area, three generous bedrooms, and a full bathroom. The basement includes a shared laundry area, full kitchen, large living room, two bedrooms, a 3-piece bathroom, and additional storage. Perfectly positioned at 2622 42 Street SE, this property offers exceptional convenience with schools, parks, playgrounds, public transit, and shopping all within walking distance. Residents will appreciate quick access to 17 Avenue SE (International Avenue), a vibrant destination known for its diverse restaurants, cafs, grocery stores, and everyday amenities. Major routes including Memorial Drive, Deerfoot Trail, and Stoney Trail provide easy commuting throughout Calgary, while downtown is just a short drive away. Whether you're looking to develop immediately with an approved 8-unit project, hold as an income-producing property, or renovate for future appreciation, opportunities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.
69/100
Somewhat Walkable
Walk Score ®
51/100
Good Transit
Transit Score ®
54/100
Bikable
Bike Score ®
Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
9 nearby routes: 9 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 46/100, Bike Score: 59/100.
Source: Realty.com
2622 42 Street SE, Calgary, AB T2B 1G7 in Forest Lawn, Calgary, AB T2B 1G7 is a single family residence listed at $599,900. Highlights include 3 bedrooms, 1 bathroom, 92 sq. ft., built in 1959, 0.14 acre lot, $6,516 per sq. ft.. Realty.ca has 47 photos, sales history, school insights, and mortgage tools for this lis...
Realty.com has 47 photos of 2622 42 Street SE.
Our records indicate that 2622 42 Street SE was built in 1959.
The full address for this home is 2622 42 Street SE, Calgary, AB T2B 1G7.
2622 42 Street SE has been listed on Realty.com since Sat August 08, 2026
Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 46/100, Bike Score: 59/100.
Listing provided courtesy of:
Real Broker
(tel: 855-623-6900)
Listing agent:
Robby Khun Khun
(tel: 403-669-6360)
This content last refreshed on 2026-09-27 22:06:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.