AB > Calgary > Forest Lawn
Calgary, AB T2B 1L3,2040 47 ST Southeast
Calgary, AB T2B 1L3,2040 47 ST Southeast
Calgary, AB T2B 1L3,2040 47 ST Southeast
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$625,000
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4 Beds
2 Baths
1,053 SqFt
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2040 47 ST Southeast Calgary, AB T2B 1L3

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Sarabjeet Singh

Sarabjeet Singh

+1(437) 986-2246

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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

Listed by CIR Realty

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agent

Sarabjeet Singh

Agent

+1(437) 986-2246

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2040 47 ST Southeast