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Home Communities Forest Lawn 2028 43 Street SE
$639,900 Active
2028 43 Street SE · Calgary · T2B1H3
3 bd 2.0 ba 1,395 sqft $459/sqft Built 1961
MLS® A2330043 · Listed Jul 16, 2026
Listed by URBAN-REALTY.ca — Aisha Alrazi
By the numbers

How this listing measures up

$/sqft $459
vs Forest Lawn median +42% community avg $452K
Sqft per bedroom 465
Year built 1961
Annual taxes $2,865 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Forest Lawn

Of 25 active residential listings in Forest Lawn, this property at $459/sqft sits in the $450–500 range.
$150–$200/sqft · 2 listings $200–$250/sqft · 0 listings $250–$300/sqft · 1 listing $300–$350/sqft · 0 listings $350–$400/sqft · 2 listings $400–$450/sqft · 1 listing $450–$500/sqft · 4 listings $500–$550/sqft · 6 listings $550–$600/sqft · 4 listings $600–$650/sqft · 1 listing $650–$700/sqft · 2 listings $700–$750/sqft · 2 listings $150 $250 $350 $450 $550 $650 $750 This · $459
Other active listings This listing's price range This listing

About this property

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.

Property details

Bedrooms3
Bathrooms2.0
Style3 Level Split
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Hardwood,Laminate,Tile
Levels3 Level Split
BasementFull
Basement developmentFinished
Interior featuresStorage,Vinyl Windows
AppliancesElectric Stove,Microwave,Refrigerator,Washer/Dryer
InclusionsNA
LaundryIn Basement
Lot size6092.00 sqft
Frontage15.24 ft
Lot featuresBack Lane,Back Yard,Front Yard
Exterior featuresNone
FencingFenced
PatioNone
Year built1961
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Detached
Garage spaces2
Parking total2
Annual taxes$2,865
Tax year2025
PossessionImmediate,Negotiable
ZoningMC-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodForest Lawn
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
List AORCalgary

Location

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About Forest Lawn

AI-generated summary

One of Calgary's most culturally diverse and unpretentious communities, Forest Lawn has a gritty, working-class character with a vibrant multicultural energy centred along International Avenue (17th Avenue SE).

International Avenue (17th Ave SE) is recognised as one of Canada's most ethnically diverse commercial strips
Forest Lawn was an independent town before being annexed by Calgary in 1961
Elliston Park hosts the annual GlobalFest fireworks festival each summer
Housing
Predominantly post-war bungalows and modest single-family homes, with a growing number of infill developments and affordable multi-family properties.
Transit
Well-served by Calgary Transit bus routes along International Avenue, with reasonable access to the CTrain network; the area is moderately walkable for daily errands.
Amenities
International Avenue offers an eclectic mix of ethnic restaurants, grocery stores, independent shops, and services representing dozens of cultures, alongside Elliston Park and the Calgary Farmers' Market East.
Who lives here
A vibrant mix of new Canadians, long-time working-class families, and budget-conscious residents drawn by affordability and community diversity.
Full Forest Lawn community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: URBAN-REALTY.ca — Aisha Alrazi.