2040 47 Street Se Calgary, Alberta T2B 1L3

4 Bedroom 2 Bathroom 1,049 ft2
Bungalow None Forced Air

$590,000

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. (id:60626)

Property Details

MLS® Number A2233702
Property Type Single Family
Neigbourhood Forest Heights
Community Name Forest Lawn
Amenities Near By Park, Playground, Schools, Shopping
Features See Remarks, Back Lane
Parking Space Total 5
Plan 8779hp
Structure None

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings
Architectural Style Bungalow
Basement Features Separate Entrance, Suite
Basement Type Full
Constructed Date 1959
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Wood Siding
Flooring Type Ceramic Tile, Hardwood, Linoleum
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 1
Size Interior 1,049 Ft2
Total Finished Area 1049 Sqft
Type House

Parking

Detached Garage 2
Oversize

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Size Depth 36.61 M
Size Frontage 16.46 M
Size Irregular 614.00
Size Total 614 M2|4,051 - 7,250 Sqft
Size Total Text 614 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Basement Kitchen 17.75 Ft x 10.00 Ft
Basement Living Room 14.92 Ft x 12.75 Ft
Basement Laundry Room 10.33 Ft x 8.50 Ft
Basement Bedroom 16.75 Ft x 10.33 Ft
Basement 4pc Bathroom 8.42 Ft x 7.33 Ft
Main Level Kitchen 17.50 Ft x 11.17 Ft
Main Level Dining Room 9.67 Ft x 8.58 Ft
Main Level Living Room 13.50 Ft x 12.33 Ft
Main Level Bedroom 14.00 Ft x 9.92 Ft
Main Level Bedroom 10.75 Ft x 8.00 Ft
Main Level Bedroom 10.25 Ft x 8.67 Ft
Main Level 4pc Bathroom 6.83 Ft x 4.92 Ft

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