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2040 47 Street SE
Forest Lawn Calgary T2B 1L3

$645,000
Residential beds: 4 baths: 2.0 1,049 sq. ft. built: 1959

Main Photo: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Photo 1: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Photo 2: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Photo 3: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Photo 4: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Photo 5: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
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Photo 22: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Photo 23: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Photo 24: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2182979
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2182979
Bedrooms:
4
Bathrooms:
2
Year Built:
1959
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!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,049 sq. ft.
Main Level Finished Area:
1,049 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
716 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,609 sq. ft.
Lot Frontage:
54'⅛"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
West
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
6
Year built:
1959 (Age: 66)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8779HP
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Hardwood, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Driveway, Oversized
Parking Places:
5.0
Parking Total/Covered:
5 / -
Laundry Features:
In Basement
Forest Lawn
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Basement: Refrigerator, Electric Stove, Hood Fan
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
17'6" × 11'2"
Main Floor
Dining Room
9'8" × 8'7"
Main Floor
Living Room
13'6" × 12'4"
Main Floor
Bedroom
14' × 9'11"
Main Floor
Bedroom
10'9" × 8'
Main Floor
Bedroom
10'3" × 8'8"
Basement
Kitchen
17'9" × 10'
Basement
Living Room
14'11" × 12'9"
Basement
Laundry
10'4" × 8'6"
Basement
Bedroom
16'9" × 10'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 6'10"
Basement
No
4
7'4" x 8'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Ceiling Fan(s), See Remarks
Exterior Features:
Other
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Corner Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-CG
Listed Date:
Dec 19, 2024
Days on Mkt:
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Virtual Tour

Listed by Real Broker
Data was last updated January 14, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$434,500
Min list price:
$157,000
Max list price:
$699,900
Avg days on market:
48
Min days on market:
11
Max days on market:
472
Avg price per sq.ft.:
$591.83
These statistics are generated based on the current listing's property type and located in Forest Lawn. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706