PRIME ROSSCARROCK REDEVELOPMENT — DP-APPROVED & READY TO BUILD! Exceptional opportunity for builders, developers, and investors in one of Calgary's fastest-evolving inner-city communities. Development Permit approved for a striking 2-storey semi-detached infill featuring 3 bedrooms per side, PLUS 2-bedroom legal secondary suites and detached garages — delivering over 2,000 sq ft above grade per side (subject to City/Municipality approvals and permitting). Skip years of planning and step directly into a shovel-ready project on an affordable inner-city lot.
HOLD NOW, BUILD LATER: The existing home generates immediate income with a 2-bedroom main floor and a 1-bedroom basement suite (illegal) — a perfect mortgage helper while you finalize your build plans. Recent updates include roof (2019) and hot water tank (2024).
UNBEATABLE LOCATION: Walk to public and Catholic schools, Westbrook Mall (Walmart, Safeway & more), and transit including Westbrook LRT and 45 Street LRT — putting downtown, University of Calgary, SAIT, Mount Royal University, and the vibrant 17th Avenue shops and restaurants just minutes away. Opportunities like this — location, approvals, and holding income in one package — don't come often.
Address
1610 40 Street SW
List Price
$679,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary W
Sub-Area
Rosscarrock
Bedrooms
3
Bathrooms
2
Floor Area
738 Sq. Ft.
Lot Size
5382 Sq. Ft.
Year Built
1951
MLS® Number
A2335944
Listing Brokerage
eXp Realty
Basement Area
Full
Postal Code
T3C 1W9
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Walking/Bike Paths, Playground, Rectangular Lot, Sidewalks, Street Lights