2040 47 ST SE Active 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
Approx. Sqft 1049.0
Square Footage 1,049 sqft
Price per Sqft $562
Subdivision Forest Lawn
MLS Listing ID A2233702
Style Bungalow
Bedrooms 4
Full Baths 2
Year Built 1959
Lot Size 6,534 Sqft
Property Sub-Type Detached
Property Description
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.
Location
Province AB
County 0046
Community Park,Playground,Schools Nearby,Shopping Nearby
Zoning R-CG
Rooms
Basement Separate/Exterior Entry,Full,Suite
Interior
Interior Features Ceiling Fan(s),See Remarks
Heating Forced Air
Cooling None
Flooring Ceramic Tile,Hardwood,Linoleum
Inclusions Basement: Refrigerator, Electric Stove, Hood Fan
Laundry In Basement
Exterior
Exterior Feature Other
Parking Features Double Garage Detached,Driveway,Oversized
Garage Spaces 2.0
Fence Fenced
Community Features Park,Playground,Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Building
Lot Description Back Lane,Back Yard,Corner Lot
Dwelling Type House
Foundation Poured Concrete
New Construction No
Others
Virtual Tour https://home.newlisting.io/204047stse/?mls