Active

FOREST LAWN

2028 43 Street Se, Calgary, AB

$629,900

Residential · MLS® A2288729
3Bedrooms
2Bathrooms
1,395Sq Ft
2Garage
1961Year Built
02 / Overview

PROPERTY OVERVIEW

Turnkey multi-residential development opportunity in Calgary’s rapidly intensifying Forest Lawn corridor.

This 50’ x 122’ RCG lot comes with a fully approved Development Permit for two duplexes (8 rentable units) plus 4 detached garages, with building plans available. Eliminate entitlement risk and significantly reduce your project timeline — DSSP in process, proceed directly toward building permit and construction.

DP approved – no rezoning risk, Plans available – reduced soft costs & consultant timelines,Strong infill activity and area revitalization

Located minutes from International Avenue,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,395 sq ft
Lot Size6,092 sq ft
ZoningMC-1
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built1961
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$277After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-2.6%With 20% down payment
Est. Monthly Rent$2,591Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FOREST LAWN

Moderate Investment
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Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Aisha Alrazi · URBAN-REALTY.ca