Active

FOREST LAWN

2024 43 Street Se, Calgary, AB

$674,900

Residential · MLS® A2324699
5Bedrooms
2Bathrooms
958Sq Ft
1Garage
1961Year Built
02 / Overview

PROPERTY OVERVIEW

Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.

A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area958 sq ft
Lot Size6,092 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Detached
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1961
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$105After mortgage & expenses
Cap Rate4.7%Based on market rents
Cash on Cash Return0.9%With 20% down payment
Est. Monthly Rent$3,200Based 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 Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Katrina Watycha · Real Estate Professionals Inc.