info@settlersrealty.ca
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$590,000
4 beds 2 baths
1049 Sq.Ft.
2040 47 Street SE, Forest Lawn, Calgary, Alberta, T2B1L3
MLS® Number: A2233702

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

Property Information

Incredible Investment Opportunity on a Prime Corner Lot!This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable.Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality.The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area.Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside. (id:50315)

Property Summary
Property Type

Single Family

Building Type

Bungalow

Storey

1

Community Name

Subdivision Name

Forest Lawn

Title

 

Land Size
1049Sq.Ft.
Built in
1959
Annual Property Taxes
$2963
Parking Type
Detached Garage, Oversize
Published
13 days
Building
Bedrooms
Total
4
Below Grade
 
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings

Flooring

Hardwood, Ceramic Tile, Linoleum

Basement Features

Full, Separate entrance, Suite

Basement Type

Full, Separate entrance, Suite

Building Features
Features

See remarks, Back lane

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Wood frame

Floor Space
1049.00Sq.Ft.
Total Finished Area
1049.00Sq.Ft.
Structures
Stucco, Wood siding
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Wood siding
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Detached Garage, Oversize
Total Parking Spaces
5
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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