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Home AB Greater Calgary Calgary Forest Lawn
2040 47 Street SE
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2040 47 Street SE $590,000
$590,000
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2040 47 Street SE
Calgary, Alberta T2B1L3

MLS® Number: A2233702
3 + 1
Bedrooms
2
Bathrooms
1049
Square Feet

Listing Description

Incredible Investment Opportunity on a Prime Corner Lot!This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable.Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality.The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area.Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside. (30763097)

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
$2,963
Parking Type
Detached Garage (2), Oversize
Time on REALTOR.ca
36 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, Window Coverings
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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