Data was last updated 2025-04-21 at 13:35:04 GMT
$625,000

2040 47 Street SE   Calgary, Alberta

MLS®: A2209521
URL:    
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

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
4
Full Bathrooms:
2
Neighbourhood:
Forest Lawn
Area:
Calgary
Province:
Alberta
MLS® Number:
A2209521
Listing Price:
$625,000

General Information

Year Built:
1959
Total Square Feet:
1054ft2

Additional Information

Basement Dev:
Full, Suite
Parking:
Double Garage Detached

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Location


Bryan Logel
RE/MAX Real Estate (central)
206, 2411 4th St NW, Calgary, Alberta
Office: 403-216-1600
Mobile: 403-803-5740
Fax: 403-284-4923
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.