A rare FULL DUPLEX OPPORTUNITY with exceptional flexibility, multiple (FOUR) existing living spaces and incredible potential for an investor, multi-generational household, or owner looking to offset their mortgage with rental income. Offering over 3200sf above grade between both sides, this unique property provides a variety of possibilities both now and in the future.
One side features a spacious 1760sf TWO STOREY HOME WITH FULLY DEVELOPED BASEMENT. Keep the home as one large residence, live here while generating income from the neighbouring units, or explore the potential to create an additional basement suite with its own separate entrance (subject to city requirements). The two storey side does require some TLC, but its size and layout offer an excellent opportunity to renovate and add value.
The adjoining 1450sf BUNGALOW adds even more versatility. Its lower level already includes an EXISTING 1-BEDROOM LEGAL SUITE, along with an ADDITIONAL STUDIO STYLE LIVING SPACE with a kitchenette. The bungalow also benefits from an existing SEPARATE SIDE ENTRANCE, helping provide privacy and independence between living areas.
For an investor with vision, the property offers the potential for UP TO FIVE SELF-CONTAINED LIVING SPACES across the entire duplex (subject to city requirements). Alternatively, occupy one side and rent the other, accommodate extended family while maintaining separate spaces, or simply hold the property as a substantial full-duplex rental.
Outside, the property is already well designed for multiple households. The backyards are SEPARATELY FENCES, each with its own access to the EXPANSIVE REAR PARKING PAD spanning the width of the property. There is also significant potential to further develop the parking area with up to two garages or one oversized garage.
Big properties create big possibilities, and this one offers a combination of space, existing rental infrastructure and future value-add potential that is difficult to find. Whether your vision is a multi-unit investment, mortgage-helper setup, multi-generational property or renovation project, there is plenty here to work with.More details
Move-in ready home on an oversized lot (75 x 125) with over 9350 sq ft with unlimited development prospects AND STRONG REVENUE POTENTIAL; only about 10 mins from downtown Calgary. Total living space of over 2400 sq ft. Total of 6 Bedrooms. The home is also significantly renovated and ready for move-in.
The upper unit is bright and has total of 3 bedroom; the kitchen is freshly renovated, and the home is freshly painted. The kitchens have quartz countertop and brand-new cabinets as well. The back entrance gives you access to the 3-bedroom illegal basement suite on this walk-out lot. The mechanical room in the basement also has ample space for lots of storage. Total developed space of 1169 sq ft in the basement.
The home is very accessible – under 7 mins drive away from: train station (5 mins away), bus stops (one min away), schools (about 7 schools), library, multiple grocery stores, green spaces, parks, clinic and more. The police station and fire station is about 5 mins drive away.
This home is being sold “as is”. You can buy this as a rental property and rent as is or further develop it to build multi-family units on it subject to the required approvals – your great choices are endless.More details
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Incredible investment opportunity! This fully renovated home is perfect for investors or homeowners looking to offset their costs with potential strong rental income. This property offers the ideal setup to live comfortably. Extensively updated from top to bottom, the home features a brand-new roof, windows, kitchens, bathrooms, flooring, new deck, concrete sidewalks, and a brand-new hot water tank. The furnace is only 7 years old, providing added peace of mind. The basement includes a legal 1-bedroom suite currently rented and a secondary illegal studio. The double heated garage is a mechanic’s dream, complete with 220V wiring offering additional income potential. Outside, the large parking pad beside the garage provides enough space for two RV trailers. Furnace as is. Conveniently located within a 15-minute walk to the LRT and Marlborough Shopping Mall, this property combines excellent cash flow, extensive upgrades, and a prime location.More details
Click brochure link for more details** One of a Kind Professionally Renovated Top to Bottom 1150sq.ft. Main Floor: 2 Bedrooms, Forced Air Furnace + A/C Heat Pump, Double Oven, Side by Side Fridge, Dishwasher, Sounds Around System Throughout Interior and Exterior Deck, Large 2 -tier Deck, Eight Person Hot Tub With 82 jets, Gas Barbeque Hook up, Outdoor Pet Washing Area on Deck H/C Water, Alarm system, Central Vacuum System, Alarm System, Washer/Dryer, Kinetic Soft Water System. -Basement: Legal Secondary Suite $1300 per month, Private Entrance, 1 Bedroom With Walk in Closet, Soundproofing Ceiling With Flush Mounted Pot Lights Throughout, Full Kitchen, With All Appliances Four Piece Bathroom, Stackable Washer and Dryer, Alarm System -Land: Fenced 6' High, Custom Gates, Underground Sprinklers, 8'x10' Garden Shed. Garage: Triple Car Garage 850 sq. ft., With 13' Ceiling, Car Lift Ready, in Floor Heating + Overhead Gas Furnace, 80 Gallon Compressor Plumbed to all Interior Walls, Checker Plated Work Benches Both With Solid Oak Tops, Floor to Ceiling Storage Racks, 30' Full Length Mezzanine on Single Garage Door Side, Stereo System and Speakers, Privacy Wall for RV Parking With a 30 Amp RV Plug 10 Min. From City Centre, 20 min. to Airport
2211 45 Street SE Calgary AlbertaMore details
RARE APPROVED 8-UNIT DEVELOPMENT SITE | 50' x 122' R-CG | FOREST LAWN | READY TO ADVANCE TOWARD CONSTRUCTION
Investors and developers — this is an opportunity to acquire an already-approved multi-family infill project and bypass much of the time, cost and uncertainty normally associated with starting a new development.
Located in Calgary's Forest Lawn redevelopment corridor, this 50' x 122' R-CG site has an APPROVED Development Permit for TWO DUPLEXES containing EIGHT self-contained residential units**, plus FOUR detached garages. 8 UNITS. APPROVED DESIGN. SIGNIFICANT TIME SAVINGS.
The approved project provides approximately:
8 self-contained residential units, approximately 1,270 sq. ft. above grade per unit, approximately 500 sq. ft. of developed legal basement space/ unit, 4 detached garages, 2 modern duplex buildings, Approved Development Permit, DSSP approval, Building plans available, Demolition process underway.
This is not a speculative rezoning play. The development entitlement is already substantially advanced, allowing the next owner to focus on financing, Building Permit completion and construction rather than starting the planning process from zero.
BUILT FOR INVESTORS AND DEVELOPERS
The property offers multiple potential exit strategies:
BUILD & SELL: Construct and sell the completed units individually, subject to market conditions and applicable requirements.
BUILD & HOLD: Retain the completed units as a multi-family rental portfolio and build long-term equity and rental income.
DEVELOP & PARTNER: A qualified investor or developer can potentially structure a joint venture using the approved development as the foundation for the project.
FINANCING STRATEGY: The approved eight-unit configuration may be suitable for financing strategies available to qualifying multi-family projects, including potential CMHC programs, subject to current program requirements, lender approval and project eligibility.
The purchaser acquires an opportunity with an approved Development Permit, approved development configuration and supporting plans already in place, creating a substantially shorter path toward construction.
The seller is also prepared to assist with the applicable partial Building Permit process, subject to City requirements and mutually agreed transaction terms.
The location provides convenient access to established amenities while offering exposure to ongoing infill and redevelopment activity in the surrounding area.
FLEXIBLE DEAL STRUCTURES AVAILABLE (Qualified purchasers are invited to discuss): Joint-venture opportunities, Vendor-take-back financing, Traditional purchase, Other mutually acceptable transaction structures.More details
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, opportunities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location.More details
Developers Alert! , very good mc1 zoning potential for mufti family 3-4 stories apartments , 3 bedrooms , 1 full bath , near city bus corridor , renovated kitchen very good size deck , very near to all the shopping. back alley and side alley , good rental property or development property , whole block has multi story apartments building.More details
Click brochure link for more details** RENOVATED 6-BEDROOM HOME + LEGAL SUITE — AMAZING VALUE!
An incredible opportunity for homeowners and investors! This beautifully renovated bi-level offers 3 bedrooms + 2 bathrooms upstairs and a LEGAL 3-bedroom basement suite with its own private entrance and separate laundry.
The bright upper level features an open-concept kitchen with quartz countertops, large island, stainless steel appliances, updated cabinetry, renovated bathrooms and modern flooring throughout.
The legal basement suite is ideal for rental income, extended family, or helping offset your mortgage.
Outside you’ll find a large fenced yard, detached garage and ample parking. Conveniently located near schools, shopping, transit and major routes.
6 Bedrooms • 3 Bathrooms • Legal Suite • Separate Laundry • Detached Garage • Renovated & Move-In Ready
Now $585,000 — exceptional value for a home with this much space and income potential. Quick possession available!More details
SHOWS 10/10! ATTENTION FIRST-TIME HOMEBUYERS, BUILDERS AND DEVELOPERS! This property is a CORNER LOT HOME and presents an outstanding opportunity in a growing area with excellent access to transit, schools, parks, and shopping. EXPLORE THE POTENTIAL FOR FUTURE MULTI-UNIT REDEVELOPMENT, including a 4-plex, subject to City of Calgary approval and all applicable regulations. Welcome to this WELL-MAINTAINED BUNGALOW situated on a large lot in a convenient SE Calgary location. Offering over 1,700 SQ. FT. OF DEVELOPED LIVING SPACE, this property features 5 BEDROOMS, 2 FULL BATHROOMS, BASEMENT SUITE (Illegal), AND A MASSIVE OVERSIZED DOUBLE DETACHED GARAGE, making it an excellent opportunity for homeowners, multi-generational families, or savvy investors. The main floor offers approximately 880 SQ. FT. ABOVE GRADE and showcases a bright and spacious living room highlighted by a cozy fireplace, a functional kitchen with ample cabinetry and dining space, a generous PRIMARY BEDROOM, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement features a SEPARATE ENTRANCE, its own kitchen, a large recreation/living area, 2 ADDITIONAL BEDROOMS, a 3-piece bathroom, laundry area, and plenty of storage space—providing excellent flexibility for extended family living or mortgage-helper potential. Recent upgrades include an UPGRADED WASHER AND DRYER and a NEWER HOT WATER TANK, offering added value and peace of mind. Additional conveniences include a CENTRAL VACUUM SYSTEM and a WHOLE-HOUSE WATER FILTRATION SYSTEM, enhancing everyday comfort and functionality. Outside, you'll appreciate the beautifully maintained yard, LARGE PRIVATE BACKYARD, expansive patio area, and an impressive OVERSIZED DOUBLE DETACHED GARAGE with approximately 597 SQ. FT. OF SPACE, perfect for vehicles, tools, hobbies, workshop use, or additional storage. Ample off-street parking further adds to the property's appeal. Ideally located close to schools, shopping, public transit, parks, playgrounds, major roadways, and downtown Calgary, this property offers the perfect blend of convenience, versatility, and income potential. Whether you're looking to live up and rent down, accommodate a growing or multi-generational family, or add a solid revenue property to your investment portfolio, this home delivers exceptional value and endless possibilities. DON'T MISS THIS INCREDIBLE OPPORTUNITY!More details
Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney TrailMore details
THIS IS IT! Ideal turnkey rental 5 bed/2 bath bungalow on a large lot, zoned RCG, with a legal suite, on a quiet street, perfect for investors or as a mortgage helper for first time buyers. The spacious main floor features large sunny windows, fresh paint & baseboards throughout, newer luxury vinyl plank flooring, updated white kitchen, 3 bedrooms & 4 pc bath. The lower level legal suite features low maintenance luxury vinyl plank throughout, a good sized main living area & kitchen, 2 bedrooms and a updated 4 pc bath. Other improvements include a newer vinyl glass slider upstairs, newer roof (2014), new eavestroughs (2026), furnace (2018 ) & hot water tank (2017), checking off some major components. The property is close to shopping, schools & playgrounds and a quick drive to the natural beauty & trails of Elliston Park. Don't miss this great opportunity! Book your showing today!More details
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Excellent opportunity to acquire an approximately 50' x 122' M-C1 zoned parcel in the heart of Forest Lawn, available for purchase individually or together with adjacent 1827 43 Street SE for an optional larger land assembly.
Located just off International Avenue and roughly 150m from the 44 St SE MAX Purple BRT station, the property benefits from a highly transit-accessible location and a transit-supportive parking reduction for qualifying multi-residential development.
The property contains an existing owner-occupied bungalow that may provide interim holding value while future plans are considered. The adjacent property at 1827 43 Street SE is also available separately, giving a purchaser the option to assemble approximately 100' x 122' and over 12,000 sq.ft. of land.
Zoned M-C1 and located minutes from downtown Calgary, transit, shopping, restaurants, schools and major commuter routes. Purchase this parcel on its own or explore the opportunity to acquire both.More details
Data was last updated October 2, 2026 at 08:05 PM (UTC)
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