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2028 43 Street SE, Calgary

Forest Lawn
NewMLS® A2352090· 5 days on market
$599,000
$429 per sq ft (asking)
Was $614,900 · reduced $15,900 (2.6%) on Oct 25, 2026
3
Bedrooms
2
Bathrooms
1,395
Sq ft
1961
Year built
$2,865
Property tax (2025)
2
Garage
6,092
Lot sq ft
CalgaryListings Insight
Welcome to 2028 43 Street SE — a 3-bedroom home built in 1961, featuring 2 bathrooms in the community of Forest Lawn, with 1,395 sq ft of living space above grade. This home also offers a fully finished basement, a double garage, and hardwood flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. The recent price adjustment may change how this property compares with nearby active listings. MLS® A2352090.

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About this property

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.
Property Taxes
$2,864.57/yr (2025)
Original Price
$614,900

Listing Information

MLS® NumberA2352090
StatusActive
List Price$599, 000
Original Price$614, 900
Days on Market5 days
OccupancyVacant

Property Details

Property TypeDetached
Architectural Style3 Level Split
ZoningMC-1
Above-Grade Sq Ft1, 395 sq ft
Year Built1961
Bedrooms3
Full Bathrooms2
Total Bathrooms2

Interior

BasementFull, Finished, None
FlooringCarpet, Hardwood, Laminate, Tile
Fireplaces0
HeatingForced Air, Natural Gas
Air ConditioningNone

Exterior & Parking

ExteriorStucco, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking2
Patio / DeckNone

Site & Lot

Lot Size6, 092 sq ft
Lot Acres0.14 acres
Lot Width15.24
Lot FeaturesBack Lane, Back Yard, Front Yard
Legal Description9027GU

Inclusions

Electric Stove,Microwave,Refrigerator,Washer/Dryer

Room Dimensions

Main Level
Bonus Room119`9" × 22`4"
Living Room161`9" × 175`10"
Entrance65`11" × 36`5"
Kitchen103`8" × 127`8"
Mud Room81`0" × 102`0"
Dining Room87`7" × 98`9"
Second Level
Bedroom95`6" × 121`1"
Bedroom111`3" × 87`7"
4pc Bathroom97`1" × 75`6"
Bedroom - Primary137`2" × 111`3"
Basement Level
3pc Bathroom73`6" × 46`3"
Laundry140`5" × 49`6"
Game Room198`2" × 190`0"

Listing Office

URBAN-REALTY.ca
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

What did similar homes here actually sell for?

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What stands out about this listing

  • Price changeAsking $599,000, down from $614,900 (2.6% lower). We have tracked it since 2026-10-20.
  • Time on marketOn the market 5 days. Detached homes that sold in Forest Lawn over October 2025 – September 2026 averaged 41 days.
  • Price per sq ft$429 per sq ft above grade at asking, about 22% below the $549 per sq ft median across 14 comparable active detached homes in Forest Lawn.

Worked out from this MLS® record, our published community data and the other active listings in Forest Lawn. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Where this price sits in Forest Lawn

Asking $599,000. That is about 20% above the $500,000 median sale price for detached homes in Forest Lawn over October 2025 – September 2026, across 42 recorded sales. Those sales took 41 days on the market on average. Across all home types, sellers in Forest Lawn got 96.8% of their asking price on average and the community was carrying 4.4 months of supply.

Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Forest Lawn High SchoolPublic (CBE) · Unknown · 448 m · about 1 min by carSchool website
  • Patrick Airlie SchoolPublic (CBE) · Elementary · 499 m · about 1 min by carSchool website
  • Holy Cross SchoolCatholic (CCSD) · Elementary/Junior High · 1.1 km · about 4 mins by carSchool website
  • Sir Wilfrid Laurier SchoolPublic (CBE) · Elementary/Junior High · 1.6 km · about 5 mins by carSchool website

Distances and drive times are measured from the centre of Forest Lawn, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Forest Lawn

DestinationBy carBy transit
Downtown Calgary15 mins30 mins
University of Calgary20 mins51 mins
Foothills Medical Centre19 mins1 hour 5 mins
Mount Royal University17 mins52 mins
Calgary International Airport15 mins50 mins
Westside Recreation Centre22 mins54 mins

Off-peak estimates measured from the centre of Forest Lawn, not from this address. Live traffic varies.

Who lives in Forest Lawn

  • 7,230Population
  • 2.4Average household size
  • 32%Owner-occupied households
  • $58KMedian household income
  • 17%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Forest Lawn census profile →

Questions about this home

Is 2028 43 Street SE for sale?

Yes. 2028 43 Street SE in Forest Lawn is an active MLS® listing (MLS® A2352090). It has been on the market 5 days. Listing data last updated 2026-10-25.

What is the asking price of 2028 43 Street SE?

2028 43 Street SE in Forest Lawn is listed at $599,000.

How many bedrooms and bathrooms does 2028 43 Street SE have?

2028 43 Street SE in Forest Lawn has 3 bedrooms and 2 bathrooms. The listing records 1,395 sq ft above grade. It is a detached house.

How does the asking price of 2028 43 Street SE compare with the Forest Lawn market?

Its $599,000 asking price is about 20% above the $500,000 median sale price for detached homes in Forest Lawn (October 2025 – September 2026, 42 sales). Medians are not adjusted for size, age or condition.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

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