2401 40 Street Se, Calgary, Alberta

$599,900

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4

Beds

2

Baths

1,333

Square feet

0.14

Acres

About 2401 40 Street Se

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!

Features of 2401 40 Street Se

MLS® # A2202406
Price $599,900
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,333
Acres 0.14
Year Built 1959
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 2401 40 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2B1C1

Amenities

Parking Spaces 1
Parking Single Garage Detached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances Built-In Oven, Dishwasher, Electric Cooktop, Refrigerator, Washer/Dryer, Window Coverings, Built-In Refrigerator, Oven
Heating Forced Air
Cooling None
Fireplace No
Has Basement Yes
Basement Exterior Entry, Finished, Full

Exterior

Exterior Features None
Lot Description Back Lane, Corner Lot, Level
Roof Asphalt Shingle
Construction Stucco, Vinyl Siding, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed March 14th, 2025
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams BOLD Realty

Listing Map