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Home AB Greater Calgary Calgary Forest Lawn
2040 47 Street SE
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2040 47 Street SE $645,000
2 days ago
$645,000
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2040 47 Street SE
Calgary, Alberta T2B1L3

MLS® Number: A2182979
3 + 1
Bedrooms
2
Bathrooms
1049
Square Feet

Listing Description

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! (29931083)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1049 sqft
Community Name
Forest Lawn
Subdivision Name
Forest Lawn
Title
Freehold
Land Size
614 m2|4,051 - 7,250 sqft
Built in
1959
Annual Property Taxes
$2,717
Parking Type
Detached Garage (2), Oversize
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
Flooring
Ceramic Tile, Hardwood, Linoleum
Basement Features
Separate entrance, Suite
Basement Type
Full
Building Features
Features
See remarks, Back lane
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Structures
None
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Wood siding
Neighbourhood Features
Amenities Nearby
Park, Playground, Schools, Shopping
Parking
Parking Type
Detached Garage (2), Oversize
Total Parking Spaces
5

Measurements

Square Footage
1049 sqft
Total Finished Area
1049 sqft

Rooms

MetricImperial
Main level
Kitchen
Dining room
Living room
Bedroom
Bedroom
Bedroom
4pc Bathroom
Basement
Kitchen
Living room
Laundry room
Bedroom
4pc Bathroom

Land

Lot Features
Fencing
Fence
Frontage
16.46 m
Land Depth
36.61 m
Other Property Information
Zoning Description
R-CG
Data provided by: Pillar 9™

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