2040 47 Street SE Calgary

2040 47 Street SE, Calgary, Alberta

$625,000

  • 4 Beds
  • 2 Baths
  • 1,054 Square Feet

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:59963)

  • Listing ID: A2209521
  • Property Type: Single Family
  • Year Built: 1959

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Rooms

LevelTypeDimensions
Kitchen Basement 17.67 Ft x 10.08 Ft
Living room Basement 14.92 Ft x 12.75 Ft
Laundry room Basement 10.33 Ft x 8.50 Ft
Furnace Basement 12.42 Ft x 7.58 Ft
Bedroom Basement 10.25 Ft x 8.75 Ft
Bedroom Basement 16.75 Ft x 10.25 Ft
4pc Bathroom Basement 8.42 Ft x 7.42 Ft
Eat in kitchen Main level 17.50 Ft x 9.67 Ft
Dining room Main level 9.92 Ft x 8.58 Ft
Living room Main level 13.50 Ft x 12.33 Ft
Primary Bedroom Main level 13.92 Ft x 9.92 Ft
Bedroom Main level 10.83 Ft x 7.92 Ft
4pc Bathroom Main level 6.92 Ft x 4.92 Ft

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Park, Playground, Schools, Shopping
  • Features: Back lane, No neighbours behind, No Animal Home, No Smoking Home, Level
  • Ownership: Freehold
  • Parking Spaces: 4
  • Plan: 8779HP
  • Structure: None
  • Transaction: For sale
  • Zoning Description: R-CG

Building

  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
  • Architectural Style: Bungalow
  • BasementType: Full
  • Basement Features: Suite
  • Bedrooms Main Level: 2
  • Bedrooms Lower Level: 2
  • Constructed Date: 1959
  • Constructed Material: Wood frame
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Stucco, Wood siding
  • Fireplace Present: False
  • Flooring: Ceramic Tile, Hardwood
  • Foundation: Poured Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1054 sqft
  • Stories Total: 1
  • Total Finished Area: 1053.89 sqft
  • Type: House

Land

  • Amenities: Park, Playground, Schools, Shopping
  • Fence: Fence
  • Size Frontage: 16.46 m
  • Size Irregular: 614.00
  • Size Total: 614 m2|4,051 - 7,250 sqft
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Listing provided by CIR Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2040 47 Street SE in Calgary Ontario. It was last modified on April 18th, 2025. Contact the Jobbagy Stephen & Associates Real Estate to schedule a viewing or to discover other Calgary real estate for sale.

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