2622 42 St Se, Calgary, AB

Name: 2622 42 St Se, For Sale in Calgary - eXp Realty
Brand: Real Broker
SKU: A2335671
Price: 624900 CAD

House

For Sale

Listed price in listed location currency (CAD).

$624,900

312

MLS® A2335671

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 991 sqft

Garage Yes

Taxes

Days Active 5

Lot Size 0.14 Acres

Approx. Age 1959

Avg. Price Per Sqft $630

MLS® Number A2335671

Property Address: 2622 42 St Se, Calgary, AB, T2B1G7

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity for developers, investors, and builders in a rapidly transforming inner-city corridor. Situated on a large 50' x 122' RC-G lot, this property comes with Development Permit (DP) approval from the City of Calgary for an 8-unit residential project, allowing you to fast-track your next development. This lot is exception for building as its a flat lot with no power poles and very few trees. The surrounding area is experiencing significant revitalization, with numerous newly completed and approved multi-family projects nearby, making this an outstanding investment in one of southeast Calgary's emerging redevelopment pockets. The existing bungalow offers excellent holding income while you plan your project, featuring 3 bedrooms on the main floor and a 2-bedroom illegal basement suite with a separate entrance. Recent updates include new shingles on both the house and detached garage as well as a new sewer line from the home to the city connection. The main floor showcases original hardwood flooring beneath the living room carpet, a cozy wood-burning fireplace, a spacious kitchen and dining area, three generous bedrooms, and a full bathroom. The basement includes a shared laundry area, full kitchen, large living room, two bedrooms, a 3-piece bathroom, and additional storage. Perfectly positioned at 2622 42 Street SE, this property offers exceptional convenience with schools, parks, playgrounds, public transit, and shopping all within walking distance. Residents will appreciate quick access to 17 Avenue SE (International Avenue), a vibrant destination known for its diverse restaurants, cafés, grocery stores, and everyday amenities. Major routes including Memorial Drive, Deerfoot Trail, and Stoney Trail provide easy commuting throughout Calgary, while downtown is just a short drive away. Whether you're looking to develop immediately with an approved 8-unit project, hold as an income-producing property, or renovate for future appreciation, opportunities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location.

MLS® NumberA2335671

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1959

BasementFull

DrivewayDouble Garage Detached

Garage Spaces

HeatForced Air

A/CNone

Extras

N/A

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 8, 2026List Date

$624,900List Price

Home Appraisal

This property is estimated to sell between: $449,000 and $713,000.

Similar properties in this area sold on average for: $449,109

Expected to sell in 38 days. Similar properties sold in 43 days. This home has been on eXp Realty for 5 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address

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