$599,000
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2028 43 Street Se, Calgary, AB T2B1H3

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3 Beds
2 Baths
130 Sq Ft

RARE APPROVED 8-UNIT DEVELOPMENT SITE | 50' x 122' R-CG | FOREST LAWN | READY TO ADVANCE TOWARD CONSTRUCTION Investors and developers this is an opportunity to acquire an already-approved multi-family infill project and bypass much of the time, cost and uncertainty normally associated with starting a new development. Located in Calgary's Forest Lawn redevelopment corridor, this 50' x 122' R-CG site has an APPROVED Development Permit for TWO DUPLEXES containing EIGHT self-contained residential units**, plus FOUR detached garages. 8 UNITS. APPROVED DESIGN. SIGNIFICANT TIME SAVINGS. The approved project provides approximately: 8 self-contained residential units, approximately 1, 270 sq. ft. above grade per unit, approximately 500 sq. ft. of developed legal basement space/ unit, 4 detached garages, 2 modern duplex buildings, Approved Development Permit, DSSP approval, Building plans available, Demolition process underway. This is not a speculative rezoning play. The development entitlement is already substantially advanced, allowing the next owner to focus on financing, Building Permit completion and construction rather than starting the planning process from zero. BUILT FOR INVESTORS AND DEVELOPERS The property offers multiple potential exit strategies: BUILD & SELL: Construct and sell the completed units individually, subject to market conditions and applicable requirements. BUILD & HOLD: Retain the completed units as a multi-family rental portfolio and build long-term equity and rental income. DEVELOP & PARTNER: A qualified investor or developer can potentially structure a joint venture using the approved development as the foundation for the project. FINANCING STRATEGY: The approved eight-unit configuration may be suitable for financing strategies available to qualifying multi-family projects, including potential CMHC programs, subject to current program requirements, lender approval and project eligibility. The purchaser acquires an opportunity with an approved Development Permit, approved development configuration and supporting plans already in place, creating a substantially shorter path toward construction. The seller is also prepared to assist with the applicable partial Building Permit process, subject to City requirements and mutually agreed transaction terms. The location provides convenient access to established amenities while offering exposure to ongoing infill and redevelopment activity in the surrounding area. FLEXIBLE DEAL STRUCTURES AVAILABLE (Qualified purchasers are invited to discuss): Joint-venture opportunities, Vendor-take-back financing, Traditional purchase, Other mutually acceptable transaction structures.

Listing By: Aisha Alrazi - URBAN-REALTY.ca cnpilar Realty.com
  • MLS® A2352090
  • Date Listed10/20/2026
  • Days on Realty 16 Days
  • Bedrooms 3
  • Bathrooms 2 Full baths
  • Lot Size 0.14 acres (6,092 sq. ft)
  • Subdivision Forest Lawn
  • County Calgary
  • Year Built 1961
  • Square Feet 130 sq. ft
  • Price Per Sq. Ft $4621.91

Interior Features

  • Appliances Electric Stove, Microwave, Refrigerator, Washer/ Dryer
  • Flooring Carpet, Hardwood, Laminate, Tile
  • Cooling None
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior None
  • Roof Shingle
  • Lot Size Acres 0.14
  • Lot Size SQFT 6,092.00
  • Lot Features Back Lane, Back Yard, Front Yard

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T2B1H3

Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.

Walkability in AB / T2B1H3

Source: Walk Score

52/100

Somewhat Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

61/100

Bikable

Bike Score ®

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 47/100, Bike Score: 61/100.

Points of Interest near 2028 43 Street SE, Calgary, AB T2B1H3

Frequently Asked Questions for 2028 43 Street SE

Source: Realty.com

2028 43 Street SE, Calgary, AB T2B1H3 in Forest Lawn, Calgary, AB T2B1H3 is a single family residence listed at $599,000. Highlights include 3 bedrooms, 2 bathrooms, 130 sq. ft., built in 1961, 0.14 acre lot, $4,622 per sq. ft.. Realty.ca has 3 photos, sales history, school insights, and mortgage tools for this list...

Realty.com has 3 photos of 2028 43 Street SE.

Our records indicate that 2028 43 Street SE was built in 1961.

The full address for this home is 2028 43 Street SE, Calgary, AB T2B1H3.

2028 43 Street SE has been listed on Realty.com since Tue October 20, 2026

The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 47/100, Bike Score: 61/100.

Listing provided courtesy of: URBAN-REALTY.ca (tel: 403-590-2233)
Listing agent: Aisha Alrazi (tel: 403-590-2233)

This content last refreshed on 2026-11-05 07:41:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.