Two modern duplexesEight self-contained residential unitsFour detached garages
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.
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Zillow last checked:
Listing updated:
Listed by:
Aisha Alrazi, Associate,
Urban-Realty.Ca
Source: courtesy of Pillar9 System,MLS®#: A2330043Originating MLS®#: Calgary
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Bedroom
Level: Second
Dimensions: 95`6" x 121`1"
Bedroom
Level: Second
Dimensions: 111`3" x 87`7"
Other
Level: Second
Dimensions: 137`2" x 111`3"
Other
Level: Basement
Dimensions: 73`6" x 46`3"
Other
Level: Second
Dimensions: 97`1" x 75`6"
Bonus room
Level: Main
Dimensions: 119`9" x 22`4"
Dining room
Level: Main
Dimensions: 87`7" x 98`9"
Other
Level: Main
Dimensions: 65`11" x 36`5"
Game room
Level: Basement
Dimensions: 198`2" x 190`0"
Kitchen
Level: Main
Dimensions: 103`8" x 127`8"
Laundry
Level: Basement
Dimensions: 140`5" x 49`6"
Living room
Level: Main
Dimensions: 161`9" x 175`10"
Mud room
Level: Main
Dimensions: 81`0" x 102`0"
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: Electric Stove, Microwave, Refrigerator, Washer/Dryer
Laundry: In Basement
Features
Storage
Flooring: Carpet, Hardwood, Laminate, Tile
Windows: Vinyl Windows
Basement: Full
Has fireplace: No
Interior area
Total interior livable area: 1,395 sqft
Property
Parking
Total spaces: 2
Parking features: Double Garage Detached
Garage spaces: 2
Features
Levels: 3 Level Split
Stories: 1
Patio & porch: None
Exterior features: None
Fencing: Fenced
Frontage length: 4.64M 15`3"
Lot
Size: 6,098 Square Feet
Features: Back Lane, Back Yard, Front Yard
Details
Parcel number: 112124945
Zoning: MC-1
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Stucco, Wood Frame
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
New construction: No
Year built: 1961
Community & HOA
Community
Features: Park, Playground, Sidewalks, Street Lights
Subdivision: Forest Lawn
HOA
Has HOA: No
Location
Region: Calgary
Financial & listing details
Price per square foot: C$459/sqft
Date on market: 7/17/2026
Inclusions: NA
Aisha Alrazi, Associate
Aisha Alrazi, Associate
(403) 590-2233
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