2040 47 St. SE | Forest Lawn | Calgary

2040 47 Street | Forest Lawn

Beds
3 1
Baths
2.0
Sqft
1,049
Lot Sqft
6,609
Year Built
1959
Days Listed
64
Type
Detached
Status
Active
Garage
Yes
Foundation
Concrete
Condo Fee
No
Price Change
-$20k, 23-Jan

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!

MLS ® #: A2182979
Listing Office: Real Broker
Date Listed: December 19, 2024 - 65 days on site
Last Updated: Feb 22, 2025 01:36am MST

$625,000

Details

Style:
bungalow

Garage Size:
2

Interior:
ceiling fan(s), see remarks

Exterior:
other

Lot:
back lane, back yard, corner lot

Parking/Garage:
double garage detached, driveway, oversized

Frontage (feet):
54.01

Even More Details

Foundation:
poured concrete

Construction:
stucco,wood frame,wood siding

Flooring:
ceramic tile,hardwood,linoleum

Roof:
asphalt shingle

Heating:
forced air

Inclusions:
basement: refrigerator, electric stove, hood fan

Room Sizes

Kitchen

17`6" x 11`2"

Dining Room

9`8" x 8`7"

Living Room

13`6" x 12`4"

Kitchen

17`9" x 10`0"

Living Room

14`11" x 12`9"

Laundry

10`4" x 8`6"

Bedroom

14`0" x 9`11"

Bedroom

10`9" x 8`0"

Bedroom

10`3" x 8`8"

Bedroom

16`9" x 10`4"

4pc Bathroom

6`10" x 4`11"

4pc Bathroom

8`5" x 7`4"

Thoughtful | Loyal | Effective

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"The A-Team are masters of their craft" - Jeremy Stewart

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Real Broker

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