At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.
2622 42 Street SE, CALGARY
2026-08-10
Quick Summary
- Location
- 2622 42 Street SE, CALGARY, Alberta T2B1G7
- Price
- $624,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 991 sqft
- Bedrooms:
- 3
- Bathrooms:
- 1
- Garages:
- 2
- Year of Construction:
- 1959
MLS®#A2335671
Property 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, opportu nities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Playground, Schools, Shopping
Building
- Appliances: Refrigerator, Oven, See remarks, Window Coverings, Washer & Dryer
- Architectural Style: Bungalow
- Basement Development: Finished
- Basement Features: Separate entrance
- Basement Type: Full (Finished)
- Construction Style: Detached
- Cooling Type: None
- Fireplace: No
- Flooring Type: Carpeted, Linoleum
- Interior Size: 991 sqft
- Building Type: House
- Stories: 1
Features
- Feature: See remarks, Back lane
Land
- Land Size: 6100 sqft|4,051 - 7,250 sqft
Ownership
- Type: Freehold
Zoning
- Description: R-CG
Information entered by Real Broker
Listing information last updated on: 2026-08-09 03:59:12
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How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
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One Percent Realty's top FAQs
For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.
Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.
Learn more about the One Percent Realty Deal
April Isaac Associate
- Phone:
- 403-888-4003
- Email:
- aprilonepercent@gmail.com
- Support Area:
- CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON
23 YRS EXPER, 1300+ SALES, NEGOTIATION EXPERT AND BUYERS REPRESENTATIVE EXPERT, marketing savv ...
Full ProfileAnna Madden Associate
- Phone:
- 587-830-2405
- Email:
- anna.madden05@gmail.com
- Support Area:
- Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills
Experienced Residential Realtor serving Calgary and surrounding communities. I have knowledge in buy ...
Full ProfileDabs Fashola Associate
- Phone:
- 403-619-0621
- Email:
- homesbydabs@gmail.com
- Support Area:
- Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds, Cochrane
REAL ESTATE NEGOTIATION EXPERT (RENE)Your Trusted and Experienced Realtor | Turning Real E ...
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