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Welcome to 2211 41 Street SE, a rare redevelopment and investment opportunity in the highly accessible southeast Calgary community of Forest Lawn. Situated on a generously sized lot on a mature, tree-lined street, this property offers exceptional potential for builders, investors, and developers looking to secure a prime inner-city redevelopment site with approved permits already in place for a 4-plex with 4 legal basement suites (8 units total). Surrounded by ongoing revitalization and redevelopment activity, this is an ideal opportunity to fast-track a high-demand multi-family project in an increasingly evolving neighbourhood. The existing bungalow is not currently livable and is being sold as-is, where-is, with the primary value centered in the land, redevelopment potential, and approved permits. With development approvals already secured, this property presents a significant opportunity for builders and investors looking to reduce entitlement timelines and accelerate project execution. The property features a large rear yard with excellent access, a detached garage, oversized rear parking area, mature trees, and strong lot functionality that supports the approved multi-family redevelopment. The approved 4-plex with 4 legal basement suites offers an attractive opportunity to capitalize on Calgary's growing demand for well-located multi-family housing in established inner-city communities. Positioned near schools, parks, shopping, transit, and major commuter routes, this location offers exceptional convenience for future residents and strong long-term investment fundamentals. Multiple schools and green spaces are located nearby, adding to the area's family-friendly appeal and future resale desirability. Whether you're looking to build immediately or secure a redevelopment site with substantial upside potential, 2211 41 Street SE presents a compelling opportunity in an established Calgary neighbourhood.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 5/23/2026 |
|---|---|---|---|
| TRACT | Forest Lawn | YEAR BUILT | 1958 |
| COUNTY | Calgary | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Other |
| BASEMENT | Finished, Full, Yes |
| CONSTRUCTION | Frame, Stucco |
| EXTERIOR | Other |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | See Remarks |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Forest Lawn |
| TAXES | 2747 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Real Broker
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Data last updated 5/24/26 9:34 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
