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2040 47 Street SE, Calgary, Alberta

$625,000

4 Beds
2 Baths
1,054 Square Feet

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:23309)

Listing ID: A2209521
Property Type: Single Family
Year Built: 1959

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Rooms

Level	Type	Dimensions
Kitchen	Basement	17.67 Ft x 10.08 Ft
Living room	Basement	14.92 Ft x 12.75 Ft
Laundry room	Basement	10.33 Ft x 8.50 Ft
Furnace	Basement	12.42 Ft x 7.58 Ft
Bedroom	Basement	10.25 Ft x 8.75 Ft
Bedroom	Basement	16.75 Ft x 10.25 Ft
4pc Bathroom	Basement	8.42 Ft x 7.42 Ft
Eat in kitchen	Main level	17.50 Ft x 9.67 Ft
Dining room	Main level	9.92 Ft x 8.58 Ft
Living room	Main level	13.50 Ft x 12.33 Ft
Primary Bedroom	Main level	13.92 Ft x 9.92 Ft
Bedroom	Main level	10.83 Ft x 7.92 Ft
4pc Bathroom	Main level	6.92 Ft x 4.92 Ft

Details

Architectural Style: Bungalow
Amenities Nearby: Park, Playground, Schools, Shopping
Features: Back lane, No neighbours behind, No Animal Home, No Smoking Home, Level
Ownership: Freehold
Parking Spaces: 4
Plan: 8779HP
Structure: None
Transaction: For sale
Zoning Description: R-CG

Building

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
Architectural Style: Bungalow
BasementType: Full
Basement Features: Suite
Bedrooms Main Level: 2
Bedrooms Lower Level: 2
Constructed Date: 1959
Constructed Material: Wood frame
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Stucco, Wood siding
Fireplace Present: False
Flooring: Ceramic Tile, Hardwood
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1054 sqft
Stories Total: 1
Total Finished Area: 1053.89 sqft
Type: House

Land

Amenities: Park, Playground, Schools, Shopping
Fence: Fence
Size Frontage: 16.46 m
Size Irregular: 614.00
Size Total: 614 m2|4,051 - 7,250 sqft

Listing provided by CIR Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2040 47 Street SE in Calgary Ontario. It was last modified on April 18th, 2025. Contact Muhammad Bilal to schedule a viewing or to discover other Calgary real estate for sale.

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