1816 42 St. SE | Forest Lawn | Calgary

Pending

New

Pending

New

1816 42 Street | Forest Lawn

Beds
2 1
Baths
2.0
Sqft
850
Lot Sqft
5,306
Year Built
1959
Days Listed
13
Type
Detached
Status
Pending
Garage
Yes
Foundation
Concrete
Condo Fee
No
Price Change
None

CHECK OUT OUR 24/7 VIRTUAL OPEN HOUSE! Investors and savvy buyers—this is a rare inner-city opportunity with M-C1 zoning, offering long-term redevelopment potential (multi-residential density, up to 4 storeys, subject to city approval). Pair that with an existing legal up/down suite, and you’ve got the best of both worlds: income today + upside tomorrow. This beautifully maintained bungalow features 2 bedrooms and a 4-piece bath on the main level, plus a legal 1-bedroom basement suite with a 3-piece bath—ideal for investors, multi-generational living, downsizers, or owner-occupants wanting a reliable mortgage helper. The main floor has been tastefully refreshed with warm vinyl plank flooring, fresh paint and trim, and refurbished kitchen cabinets, creating a bright and welcoming space. Downstairs, the fully finished legal suite offers excellent flexibility for rental income or extended family. Outside, you’ll appreciate the large, level lot with extra rear/side parking (perfect for a boat or small RV), plus a double garage off the back lane for secure parking and storage. Added bonus: a new roof on both the house and garage (2024) for peace of mind. Centrally located close to Deerfoot Tr, shopping, schools, and public transit make this home perfect for any family at any stage of life. Whether you’re building your portfolio, planning future redevelopment, or looking for a home that helps pay for itself, this one checks all the boxes.

MLS ® #: A2285724
Listing Office: Real Broker
Date Listed: February 12, 2026 - 13 days on site
Last Updated: Feb 25, 2026 11:05am MST

$474,900

Details

Style:
bungalow

Garage Size:
2

Interior:
see remarks

Exterior:
none

Lot:
back lane, back yard, landscaped, low maintenance landscape, rectangular lot

Parking/Garage:
alley access, double garage detached, parking pad, rv access/parking

Frontage (feet):
43.51

Even More Details

Taxes:
$0

Foundation:
poured concrete

Construction:
brick,stucco,vinyl siding,wood frame

Flooring:
laminate,linoleum,vinyl plank

Roof:
asphalt shingle

Heating:
forced air

Inclusions:
n/a

Room Sizes

Living Room

14`1" x 18`3"

Kitchen

13`9" x 13`6"

Bedroom - Primary

12`0" x 10`6"

Bedroom

10`3" x 10`1"

4pc Bathroom

10`2" x 4`11"

Kitchen

12`4" x 8`5"

Dining Room

12`4" x 5`11"

Game Room

12`4" x 13`11"

Bedroom

12`7" x 9`0"

3pc Bathroom

5`3" x 5`7"

Furnace/Utility Room

12`5" x 9`10"

Thoughtful | Loyal | Effective

Loving this home?

Breanna will call to discuss.

"There was no stone left unturned and we felt very confident with our final decision" - Sydney Mills

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Yates Real Estate Ltd

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