info@settlersrealty.ca
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$474,900
3 beds 2 baths
850 Sq.Ft.
1816 42 Street SE, Forest Lawn, Calgary, Alberta, T2B1E9
MLS® Number: A2285724

Single Family House Bungalow for Sale in Street SE Forest Lawn Calgary

Property Information

CHECK OUT OUR 24/7 VIRTUAL OPEN HOUSE!Investors and savvy buyers—this is a rare inner-city opportunity with M-C1 zoning, offering long-term redevelopment potential (multi-residential density, up to 4 storeys, subject to city approval). Pair that with an existing legal up/down suite, and you’ve got the best of both worlds: income today + upside tomorrow.This beautifully maintained bungalow features 2 bedrooms and a 4-piece bath on the main level, plus a legal 1-bedroom basement suite with a 3-piece bath—ideal for investors, multi-generational living, downsizers, or owner-occupants wanting a reliable mortgage helper.The main floor has been tastefully refreshed with warm vinyl plank flooring, fresh paint and trim, and refurbished kitchen cabinets, creating a bright and welcoming space. Downstairs, the fully finished legal suite offers excellent flexibility for rental income or extended family.Outside, you’ll appreciate the large, level lot with extra rear/side parking (perfect for a boat or small RV), plus a double garage off the back lane for secure parking and storage. Added bonus: a new roof on both the house and garage (2024) for peace of mind.Centrally located close to Deerfoot Tr, shopping, schools, and public transit make this home perfect for any family at any stage of life. Whether you’re building your portfolio, planning future redevelopment, or looking for a home that helps pay for itself, this one checks all the boxes. (id:50315)

Property Summary
Property Type

Single Family

Building Type

Bungalow

Storey

1

Community Name

Subdivision Name

Forest Lawn

Title

 

Land Size
850Sq.Ft.
Built in
1959
Annual Property Taxes
$3087
Parking Type
Detached Garage, Parking Pad, RV
Published
3 days
Building
Bedrooms
Total
3
Below Grade
 
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included

Washer, Refrigerator, Range - Electric, Dryer, Hood Fan, Window Coverings, Garage door opener

Flooring

Laminate, Linoleum, Vinyl Plank

Basement Features

Finished, Full, Separate entrance, Suite

Basement Type

Finished, Full, Separate entrance, Suite

Building Features
Features

See remarks, Back lane

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Wood frame

Floor Space
850.00Sq.Ft.
Total Finished Area
850.00Sq.Ft.
Structures
Brick, Stucco, Vinyl siding
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air
Exterior Features
Exterior Finish
Brick, Stucco, Vinyl siding
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Detached Garage, Parking Pad, RV
Total Parking Spaces
2
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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