2040 47 ST SE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2B 1L3
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,049 sqft
Price per Sqft $614
Subdivision Forest Lawn
MLS Listing ID A2182979
Style Bungalow
Bedrooms 4
Full Baths 2
Originating Board Calgary
Year Built 1959
Annual Tax Amount $2,717
Tax Year 2024
Lot Size 6,609 Sqft
Acres 0.15
Property 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!
Location
State AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction W
Rooms
Basement Separate/Exterior Entry,Full,Suite
Interior
Interior Features Ceiling Fan(s),See Remarks
Heating Forced Air
Cooling None
Flooring Ceramic Tile,Hardwood,Linoleum
Inclusions Basement: Refrigerator, Electric Stove, Hood Fan
Appliance Dishwasher,Dryer,Electric Stove,Microwave Hood Fan,Refrigerator,Washer
Laundry In Basement
Exterior
Parking Features Double Garage Detached,Driveway,Oversized
Garage Spaces 2.0
Garage Description Double Garage Detached,Driveway,Oversized
Fence Fenced
Community Features Park,Playground,Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Porch None
Lot Frontage 54.01
Total Parking Spaces 5
Building
Lot Description Back Lane,Back Yard,Corner Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 95236771
Ownership Private