info@settlersrealty.ca
CONTACT
$599,900
4 beds 2 baths
955.6 Sq.Ft.
1316 38 Street SE, Forest Lawn, Calgary, Alberta, T2A1G5
MLS® Number: A2203298

Single Family House Bungalow for Sale in Street SE Forest Lawn Calgary

Property Information

Welcome to this beautifully updated home in the rapidly redeveloping community of Forest Lawn! Offering rental income potential of up to $3,700/month, this versatile property is perfect for homeowners looking to live upstairs and rent downstairs or for investors seeking strong cash flow. Sitting on a large lot with future multi-family development possibilities, this home presents an excellent opportunity in a thriving neighborhood. The main floor boasts a bright and inviting open-concept layout, where a stylish feature wall in the living area adds character and charm. The space flows seamlessly into the dining area and a modern kitchen equipped with sleek finishes and stainless steel appliances. Three spacious bedrooms provide comfortable living, including one with direct access to a large deck—perfect for relaxing or entertaining. A beautifully updated 4-piece bathroom completes this level. Another separate rear entrance leads to the common laundry area and an income-generating illegal basement suite. The illegal basement suite features a generous living and dining area, a full kitchen, and a 4-piece bath. The large bedroom has the potential to be converted into two bedrooms, further maximizing rental income. Additional highlights include an oversized detached garage plus two extra parking spots in the back, with plenty of street parking available. Located in a community undergoing significant redevelopment, this home is close to top amenities, schools, shopping, dining, and public transit, with easy access to downtown. With its strong rental potential, future redevelopment possibilities, and prime location, this property is a must-see! Book your showing today! (id:50315)

Property Summary
Property Type

Single Family

Building Type

Bungalow

Storey

Community Name

Subdivision Name

Forest Lawn

Title

 

Land Size
955.6Sq.Ft.
Built in
1958
Annual Property Taxes
$2792
Parking Type
Detached Garage, Parking Pad, Other
Published
10 days
Building
Bedrooms
Total
4
Below Grade
 
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included

Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer

Flooring

Tile, Laminate, Carpeted

Basement Features

Finished, Full, Separate entrance, Suite

Basement Type

Finished, Full, Separate entrance, Suite

Building Features
Features

See remarks, Other, Back lane, French door, Closet Organizers

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Wood frame

Floor Space
955.60Sq.Ft.
Total Finished Area
955.60Sq.Ft.
Structures
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Detached Garage, Parking Pad, Other
Total Parking Spaces
4
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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