NEW PRICE! ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional M-C1 development opportunity in the heart of Forest Lawn, offered together with adjacent 1831 43 Street SE for a total package price of $1,150,000. Together, the properties create a rare 100' x 122' land assembly totaling over 12,000 sq.ft., just one block from International Avenue (17 Ave SE).
The assembly sits roughly 150m from the 44 St SE MAX Purple BRT station and benefits from a transit-supportive 25% parking stall reduction for multi-residential development under Calgary's Land Use Bylaw. No relaxation application is required based on the site's proximity to transit, which can materially improve site efficiency and future development potential.
Zoned M-C1 and unaffected by the recent citywide rezoning repeal, this site offers continued flexibility for builders and investors seeking multi-residential development potential in an established inner-city location. Large M-C1 development sites with 100 feet of combined frontage are increasingly difficult to find.
The existing structure at 1827 is not habitable and is being sold for land value only. Adjacent 1831 43 Street SE contains a livable owner-occupied bungalow that may provide holding value while redevelopment plans are pursued.
Minutes from downtown Calgary, transit, shopping, restaurants, schools and major commuter routes.
PROPERTY MUST BE PURCHASED TOGETHER WITH 1831 43 STREET SE. TOTAL ASSEMBLY PRICE: $1,150,000.
Data was last updated August 20, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$546,000
Min list price:
$99,900
Max list price:
$749,900
Avg days on market:
31
Min days on market:
3
Max days on market:
104
Avg price per sq.ft.:
$518.48
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.