2040 47 ST Southeast new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2B 1L3
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,053 sqft
Price per Sqft $593
Subdivision Forest Lawn
MLS Listing ID A2209521
Style Bungalow
Bedrooms 4
Full Baths 2
Year Built 1959
Lot Size 6,609 Sqft
Acres 0.15
Property Sub-Type Detached
Property Description
Seize a remarkable opportunity in Forest Lawn with this strategically positioned corner lot bungalow, offering an impressive 2,000 square feet of living space on a substantial 54' x 120' R-CG zoned lot. This versatile property, one of the most affordable corner lots in the area, features a well-designed main floor with 3 bedrooms and a separate-entrance basement unit, generating potential rental income of $1,300 a month. Located just two blocks from vibrant International Avenue,, with schools, playgrounds, and grocery stores within walking distance, this property stands out with its ability to accommodate up to six vehicles in off-street parking. The R-CG zoning opens doors to multiple possibilities - perfect for first-time buyers seeking an affordable entry into homeownership, investors looking to maximize rental income (Potential of $$1800 for main floor and $1300 for the basement), or developers interested in multi-family row housing conversion (with proper permits). The property's strategic location, only 12 minutes drive to Downtown, combined with its development potential, generous lot size, and immediate income-generating capabilities, creates an unprecedented opportunity to secure a piece of Forest Lawn's promising future, making it an ideal investment whether you're starting your real estate journey, expanding your portfolio, or planning your next development project
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction W
Rooms
Basement Full,Suite
Interior
Interior Features No Animal Home,No Smoking Home
Heating Forced Air,Natural Gas
Cooling None
Flooring Ceramic Tile,Hardwood
Inclusions none
Appliance Dishwasher,Dryer,Electric Stove,Microwave Hood Fan,Refrigerator,Washer
Laundry Common Area,In Basement
Exterior
Exterior Feature Other
Parking Features Double Garage Detached
Garage Spaces 2.0
Carport Spaces 2
Fence Fenced
Community Features Park,Playground,Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Porch None
Lot Frontage 54.0
Total Parking Spaces 4
Building
Lot Description Back Lane,Back Yard,Corner Lot,Level,No Neighbours Behind,Rectangular Lot
Dwelling Type House
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 95236771