Calgary Real Estate East
2040 47 Street SE
Forest Lawn
Calgary
T2B 1L3
$645,000
Residential
beds: 4
baths: 2.0
1,049 sq. ft.
built: 1959
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2182979
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1959
- Photos (24)
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POTENTIAL, POTENTIAL, POTENTIAL! This massive corner lot is a prime investment opportunity with so much potential. This classic bungalow boasts nearly 2,000 sq ft of developed living space with a lot that’s over 50 feet wide. Located conveniently close to downtown and numerous amenities, this property offers unparalleled versatility for homeowners and investors alike.
The home features a spacious main floor and a large illegal basement suite, perfect for those looking to maximize rental income. You can live upstairs while renting out the basement, or rent both units and create an opportunity to generate cash flow. The double detached garage adds further value and convenience.
For developers, the potential is even greater. With proper permits, you can choose to transform this property into multi-family row housing – an ideal investment opportunity where you can choose to sell or rent the units. The huge lot and prime location make this property a rare find with significant future upside.
Don't miss out on this exceptional property with so many possibilities. Whether you're looking to invest, develop, or create your dream home, this corner lot is full of opportunities!
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Suite - Illegal
- Home Style:
- Bungalow
- Total Living Area:
- 1,049 sq. ft.97.5 m2
- Main Level Finished Area:
- 1,049 sq. ft.97.5 m2
- Below Grade Finished Area:
- 716 sq. ft.66.5 m2
- Lot Area:
- 6,609 sq. ft.614 m2
- Lot Frontage:
- 54'⅛"16.5 m
- Front Exposure:
- West
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1959 (Age: 65)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 8779HP
- Heating:
- Forced Air
- Basement:
- Separate/Exterior Entry, Full, Suite
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame, Wood Siding
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Ceramic Tile, Hardwood, Linoleum
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Driveway, Oversized
- Parking Places:
- 5.0
- Parking Total/Covered:
- 5 / -
- Laundry Features:
- In Basement
- Forest Lawn
- Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
- Basement: Refrigerator, Electric Stove, Hood Fan
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 17'6"5.33 m × 11'2"3.40 m
- Main Floor
- Dining Room
- 9'8"2.95 m × 8'7"2.62 m
- Main Floor
- Living Room
- 13'6"4.11 m × 12'4"3.76 m
- Main Floor
- Bedroom
- 14'4.27 m × 9'11"3.02 m
- Main Floor
- Bedroom
- 10'9"3.28 m × 8'2.44 m
- Main Floor
- Bedroom
- 10'3"3.12 m × 8'8"2.64 m
- Basement
- Kitchen
- 17'9"5.41 m × 10'3.05 m
- Basement
- Living Room
- 14'11"4.55 m × 12'9"3.89 m
- Basement
- Laundry
- 10'4"3.15 m × 8'6"2.59 m
- Basement
- Bedroom
- 16'9"5.11 m × 10'4"3.15 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'11" x 6'10"
- Basement
- No
- 4
- 7'4" x 8'5"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Ceiling Fan(s), See Remarks
- Exterior Features:
- Other
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Back Yard, Corner Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- R-CG
- Listed Date:
- Dec 19, 2024
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Listed by Real Broker
Data was last updated December 22, 2024 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $422,000
- Min list price:
- $157,000
- Max list price:
- $900,000
- Avg days on market:
- 44
- Min days on market:
- 2
- Max days on market:
- 448
- Avg price per sq.ft.:
- $537.67
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations.
- Robert Hinsperger
- Urban Real Estate Services Ltd.
- 1 (403) 860-2107
- roberthinsperger@gmail.com
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.