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2401 40 Street SE
Forest Lawn Calgary T2B 1C1

$599,900
Residential beds: 5 baths: 2.0 1,333 sq. ft. built: 1959

Main Photo: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 1: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 2: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 3: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 4: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 5: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 6: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 7: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 8: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 9: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 10: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 11: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 12: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 13: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 14: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 15: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 16: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 17: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 18: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 19: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 20: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 21: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 22: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 23: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 24: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 25: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 26: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 27: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 28: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 29: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 30: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 31: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 32: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 33: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 34: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Photo 35: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2202406
Bedrooms:
5
Bathrooms:
2
Year Built:
1959
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'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 Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,333.18 sq. ft.
Lot Area:
6,307 sq. ft.
Lot Frontage:
50'
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
8
Year built:
1959 (Age: 66)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7379HJ
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Metal
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Forest Lawn
Built-In Oven, Built-In Refrigerator, Dishwasher, Electric Cooktop, Oven, Refrigerator, Washer/Dryer, Window Coverings
NA
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
33'1" × 30'11"
Main Floor
Bedroom
30'11" × 29'6"
Main Floor
Kitchen
62'7" × 33'1"
Main Floor
Living Room
43'6" × 31'9"
Main Floor
Living Room
56'4" × 42'5"
Main Floor
Office
61'6" × 27'1"
Main Floor
Bedroom - Primary
39'4" × 32'10"
Main Floor
Sunroom/Solarium
23' × 21'7"
Basement
Bedroom
39'1" × 37'2"
Basement
Kitchen
39'1" × 38'
Basement
Laundry
32'7" × 18'10"
Basement
Game Room
49'6" × 39'1"
Basement
Storage
27'4" × 8'9"
Basement
Bedroom
31'9" × 29'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
24'1" x 21'4"
Basement
No
4
19'11" x 21'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Lane, Corner Lot, Level
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-CG
Listed Date:
Mar 14, 2025
  • Photo 1: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
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  • Photo 2: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    126x50' CORNER LOT
  • Photo 3: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    CORNER LOT
  • Photo 4: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    126 x 50 Feet
  • Photo 5: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    Frontage
  • Photo 6: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    From Corner
  • Photo 7: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    Alley
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  • Photo 11: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    Kitchen
  • Photo 12: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    Sunroom
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  • Photo 32: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    5 min Walk to Middle School, Ian Bazalgette
  • Photo 33: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    5 Minb walk to Elementry, Valley View School
  • Photo 34: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    Main Floorplan
  • Photo 35: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
    Basement Floorplan
Listed by Keller Williams BOLD Realty
Data was last updated May 2, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$591,000
Min list price:
$157,000
Max list price:
$764,999
Avg days on market:
38
Min days on market:
3
Max days on market:
580
Avg price per sq.ft.:
$568.1
These statistics are generated based on the current listing's property type and located in Forest Lawn. Average values are derived using median calculations.
DIANE RICHARDSON
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.