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Cathy Gallagher 403-880-8299

SERVING YOUR CALGARY REAL ESTATE NEEDS



 
Data Last Updated June 27, 2026, 11:29 am

 
Courtesy of Real Estate Professionals Inc.

Forest Lawn Bungalow
Bedrooms 5 Bathrooms 2 Parking 1
No Floor Plan Available
$674,900
MLS® #:  A2324699
Address:  2024 43 Street
Size: 958 sq. ft.
Days On Website:  ACCESS Days on Website

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Descriptions:

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 suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home. The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage. Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking. The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above. Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one. Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside.

Status: Active
Includes: n/a
Site Influences:
Back Lane, Few Trees, Front Yard, Landscaped, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting
Legal Description:
ACCESS Legal Description
Location & Listing Info:
Zoning: R-CG
Neighbourhood: Forest Lawn
Lot Size: 0.14 sq.ft.
Lot Shape: Back Lane,Few Trees,Front Yard,Landscaped,Level,Low Maintenance Landscape,Rectangular Lot,Street Lighting
Zone: Zone E
County: Calgary
Property Info:
Property Type: Residential Detached Single Family
Home Style: Bungalow
Year Built: 1961
Total Floor Area: 958 sq. ft.
Brokerage: Real Estate Professionals Inc.
Construction Type: Wood Frame
Front Exposure: W
Exterior:
Exterior: Wood Frame
Construction: Wood Frame
Frontage: 15.20M 49`10"
Front Exposure: W
Roof: Asphalt Shingle
Financial & Possession:
Tax: ACCESS Taxes
Possession: ACCESS Possession
Occupancy: ACCESS Occupancy
Seller's Rights Reserved: ACCESS Seller's Rights Reserved
Rooms:
Total Bedrooms: 5  (Bedrooms Above: 3)
Bathrooms: Full: 2 / Half: 0
Rooms Above: 7
Ensuite: No
Parking Plan Type: Single Garage Detached
Garage: 1
Additional Info:
Heating: Forced Air, Natural Gas
Basement: Full
Basement Type: Full
Floor Finish: Carpet, Ceramic Tile, Laminate
Fireplace Details: For Sale
Parking: Single Garage Detached
Total Parking:
Restrictions: Contact for Restrictions
Heating Type: Forced Air,Natural Gas
Heating Fuel: Forced Air,Natural Gas
Restrictions: None Known
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Contact Cathy Gallagher -
100, 5810 - 2nd Street S.W., Calgary, Alberta, T2H 0H2
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Cathy Gallagher, Real Estate Professionals
100, 5810 - 2nd Street S.W., Calgary, Alberta T2H 0H2
Tel: 403-880-8299
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