Skip to Content

Real estate on your terms®


Property Description

An exceptional permit-ready infill development opportunity in Calgary's rapidly revitalizing Forest Lawn corridor. This 50' x 122' R-CG lot includes a fully approved Development Permit for two modern duplexes featuring eight self-contained residential units, plus four detached garages.Each duplex offers approximately 1,270 sq. ft. above grade with an additional 500 sq. ft. of developed legal basement space, maximizing rental income potential and long-term value. Approved building plans and DSSP are included, allowing the new owner to move directly toward construction.All major City approvals have been secured, eliminating entitlement and rezoning risk while significantly reducing project timelines, consultant fees, and soft costs. The purchaser only needs to obtain a partial Building Permit before commencing construction. To facilitate a seamless transition, the seller will assist with obtaining both the Demolition Permit and the partial Building Permit.Strategically located just minutes from International Avenue (17th Avenue SE), public transit, schools, shopping, parks, and major commuter routes, this property benefits from strong neighbourhood revitalization, increasing demand, and excellent long-term growth potential.This opportunity is ideally suited for: Build-to-sell developers seeking attractive resale margins. Long-term investors expanding their rental portfolio. Developers pursuing a CMHC MLI Select financing strategy. Investors looking for a shovel-ready, high-density infill project in one of Calgary's most active redevelopment corridors.With approvals already in place, this is a rare opportunity to acquire a construction-ready multi-family development site offering substantial time savings, reduced development risk, and strong rental and resale fundamentals.Joint venture opportunities are also available and open for discussion with qualified investors. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
3 Level
Year Built:
1961
Bedrooms:
3
Bathrooms (total):
2.0
Basement:
Finished, Full

Finished Areas

Interior Size (Total):
1395 square feet
Above Grade:
1395 square feet

Interior

Flooring:
Tile, Hardwood, Laminate, Carpeted
Appliances:
Refrigerator, Stove, Microwave, Washer & Dryer

Parking

Spaces:
2
Features:
Detached Garage

Lot / Land

Lot Size:
6092.0 square feet
Frontage:
4.64 meters
Lot Features:
Back lane, PVC window

Exterior

Exterior Features:
Stucco
Construction:
Wood frame
Foundation:
Poured Concrete
Fencing:
Fence

Utilities & Mechanical

Heating:
Forced air, Natural gas
Cooling:
None

Fees & Dates

Property Taxes:
$2,865
Tax Year:
2025
Last Modified:
08/07/2026 12:20:02 PM
Status Change:
08/07/2026 12:16:54 PM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Bonus Room Main level 6.80 M x 36.50 M
Living room Main level 53.60 M x 49.30 M
Bedroom Second level 36.90 M x 29.10 M
3pc Bathroom Basement 14.10 M x 22.40 M
Other Main level 11.10 M x 20.10 M
Bedroom Second level 26.70 M x 33.90 M
Laundry room Basement 15.10 M x 42.80 M
Kitchen Main level 38.90 M x 31.60 M
4pc Bathroom Second level 23.00 M x 29.60 M
Recreational, Games room Basement 57.90 M x 60.40 M
Other Main level 31.10 M x 24.70 M
Dining room Main level 30.10 M x 26.70 M
Primary Bedroom Second level 33.90 M x 41.80 M

Location

Click and drag to explore the area
Listing offered by: URBAN-REALTY.ca

Data is supplied by Pillar 9 MLS® System. Pillar 9 is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.