2040 47 Street SE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2B1L3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,054 sqft
Price per Sqft $592
Subdivision Forest Lawn
MLS Listing ID A2209521
Style Bungalow
Bedrooms 4
Originating Board Calgary Real Estate Board
Year Built 1959
Lot Size 6,609 Sqft
Acres 6609.041
Property Sub-Type Freehold
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 (id:24570)
Location
Province AB
Rooms
Kitchen 1.0
Extra Room 1 Basement 17.67 Ft x 10.08 Ft Kitchen
Extra Room 2 Basement 14.92 Ft x 12.75 Ft Living room
Extra Room 3 Basement 10.33 Ft x 8.50 Ft Laundry room
Extra Room 4 Basement 12.42 Ft x 7.58 Ft Furnace
Extra Room 5 Basement 10.25 Ft x 8.75 Ft Bedroom
Extra Room 6 Basement 16.75 Ft x 10.25 Ft Bedroom
Interior
Heating Forced air,
Cooling None
Flooring Ceramic Tile,Hardwood
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Fence
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold