info@settlersrealty.ca
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$625,000
4 beds 2 baths
1053.89 Sq.Ft.
2040 47 Street SE, Forest Lawn, Calgary, Alberta, T2B1L3
MLS® Number: A2209521

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

Property Information

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:50315)

Property Summary
Property Type

Single Family

Building Type

Bungalow

Storey

1

Community Name

Subdivision Name

Forest Lawn

Title

 

Land Size
1053.89Sq.Ft.
Built in
1959
Annual Property Taxes
$2717
Parking Type
Detached Garage
Published
1 days
Building
Bedrooms
Total
4
Below Grade
 
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo

Flooring

Hardwood, Ceramic Tile

Basement Features

Full, Suite

Basement Type

Full, Suite

Building Features
Features

Back lane, No neighbours behind, No Animal Home, No Smoking Home, Level

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Wood frame

Floor Space
1053.89Sq.Ft.
Total Finished Area
1053.89Sq.Ft.
Structures
Stucco, Wood siding
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air, Natural gas
Exterior Features
Exterior Finish
Stucco, Wood siding
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Detached Garage
Total Parking Spaces
4
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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