2401 40 Street SE Calgary AB T2B1C1 MLS #A2202406

2401 40 Street SE
Calgary, AB, T2B1C1
$584,900
5 Beds
2 Baths
1,333 SqFt
0.14 Acres
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MLS #A2202406 image #0
An incredible opportunity for investors, builders, and developers, this rare RC-G zoned CORNER LOT with a back lane spans 50 x 126 feet, offering the potential to develop a 4-plex with legal suites for up to eight units, subject to city approval. Located on a quiet street just a few blocks from schools, the property features a fully fenced oversized lot. The main floor includes two bedrooms, a full bathroom, a large living room, a sitting room, and a bright solarium overlooking the backyard. Basement features a separate entrance, with a kitchen, two bedrooms and bath. A single detached garage and ample street parking add convenience, while the surrounding area continues to grow with new developments along 17 Ave SE. Whether you&#39're looking to build now or hold for future development, this property presents an exceptional chance to live, rent, and invest, with a long-term tenant already in place. Don’t miss out on this prime development opportunity with endless potential—act now!

Property Details

Price:
$584,900
MLS #:
A2202406
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Dec 16, 2025
Finished Sq Ft:
1,333
Lot Size:
6,307 sqft / 0.14 acres (approx)
Year Built:
1959
Forest LawnSeparate/exterior Entry,finished,fullBack Lane,corner Lot,level

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Schools

Interior

Appliances
Built- In Oven, Built- In Refrigerator, Dishwasher, Electric Cooktop, Oven, Refrigerator, Washer/Dryer, Window Coverings
Basement
Separate/Exterior Entry, Finished, Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Corner Lot, Level
Parking Features
Double Garage Detached
Parking Total
2
Patio And Porch Features
None
Roof
Metal

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Dec 19, 2025
31,023
Single Family Listed
10
Avg DOM
461
Avg $ / SqFt
$768,907
Avg List Price

Property Summary

    Located in the Forest Lawn subdivision, 2401 40 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2B1C1. It is listed for $584,900 and features 5 beds, 2 baths, and has approximately 1,333 square feet of living space, and was originally constructed in 1959. The current price per square foot is $439. The average price per square foot for Single Family listings in Calgary is $461. The average listing price for Single Family in Calgary is $768,907. To schedule a showing of MLS#a2202406 at 2401 40 Street SE in Calgary, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.

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2401 40 Street SE
Calgary, AB
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