Address
2622 42 Street Se, Calgary, AB
Price
$ 599,900
Property Attributes
- ID#A2335671
- TypeSingle Family
- Listing Status Active
- MunicipalityCalgary
- CityCalgary
- AreaForest Lawn
- NeighbourhoodForest Lawn
- Postal CodeT2B 1G7
- StyleBungalow
- Year Built1959
- Price$ 599,900
- Bedrooms3
- Bathrooms1
- Half Bathrooms0
- Sqr Footage991
Data Source:
Canadian Real Estate Association (CREA)
Property Description
An exceptional opportunity for developers, investors, and builders in a rapidly transforming inner-city corridor. Situated on a large 50' x 122' RC-G lot, this property comes with Development Permit (DP) approval from the City of Calgary for an 8-unit residential project, allowing you to fast-track your next development. This lot is exception for building as its a flat lot with no power poles and very few trees. The surrounding area is experiencing significant revitalization, with numerous newly completed and approved multi-family projects nearby, making this an outstanding investment in one of southeast Calgary's emerging redevelopment pockets.The existing bungalow offers excellent holding income while you plan your project, featuring 3 bedrooms on the main floor and a 2-bedroom illegal basement suite with a separate entrance. Recent updates include new shingles on both the house and detached garage as well as a new sewer line from the home to the city connection. The main floor showcases original hardwood flooring beneath the living room carpet, a cozy wood-burning fireplace, a spacious kitchen and dining area, three generous bedrooms, and a full bathroom. The basement includes a shared laundry area, full kitchen, large living room, two bedrooms, a 3-piece bathroom, and additional storage.Perfectly positioned at 2622 42 Street SE, this property offers exceptional convenience with schools, parks, playgrounds, public transit, and shopping all within walking distance. Residents will appreciate quick access to 17 Avenue SE (International Avenue), a vibrant destination known for its diverse restaurants, cafés, grocery stores, and everyday amenities. Major routes including Memorial Drive, Deerfoot Trail, and Stoney Trail provide easy commuting throughout Calgary, while downtown is just a short drive away.Whether you're looking to develop immediately with an approved 8-unit project, hold as an income-producing property, or renovate for future appreciation, opportu nities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location. (id:7434)
* Sold date and price as reported on the RAE's MLS® System.
General Features
| Features | See remarks, Back lane |
|---|---|
| Property Type | Single Family |
| Zoning Description | R-CG |
| CommunityName | Forest Lawn |
| Amenities | Park, Playground, Schools, Shopping |
| Building Appliances | Refrigerator, Oven, See remarks, Window Coverings, Washer & Dryer |
| Building Architectural Style | Bungalow |
| Building Basement Features | Separate entrance |
| Building Cooling Type | None |
| Parking Space Total | 2 |
| Foundation Type | Poured Concrete |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Construction Material | Wood frame |
| Construction Style Attachment | Detached |
| Flooring Type | Carpeted, Linoleum |
| Living Area Range | 991 |
| Bedrooms | 3 |
Exterior Features
| Land Amenities | Park, Playground, Schools, Shopping |
|---|---|
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | Main level | ||
| Bedroom | 7.33 Ft x 10.42 Ft | Main level | ||
| Dining room | 7.50 Ft x 11.92 Ft | Main level | ||
| Kitchen | 8.33 Ft x 11.92 Ft | Main level | ||
| Living room | 13.17 Ft x 13.00 Ft | Main level | ||
| Primary Bedroom | 10.92 Ft x 10.42 Ft | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T2B 1G7
Price
Year Built
In The Neighbourhood
Calgary
$ 499,900
- Type
- Single Family
- Size
- 974 SqFt
- Rooms
- 4 Beds + 2 Baths
Century 21 Bamber Realty LTD.
Calgary
$ 529,900
- Type
- Single Family
- Size
- 977 SqFt
- Rooms
- 5 Beds + 2 Baths
RE/MAX Real Estate (Mountain View)
Copyright 2026 by the REALTORS® Association of Edmonton. All rights reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of
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.
Last Updated: September 21, 2026 2:26 AM