1527 49 St. SE | Forest Lawn | Calgary

Pending

Reduced

Pending

Reduced

1527 49 Street | Forest Lawn

Beds
2 1
Baths
2.0
Sqft
965
Lot Sqft
6,264
Year Built
1962
Days Listed
41
Type
Detached
Status
Pending
Garage
Yes
Foundation
Concrete
Condo Fee
No
Price Change
-$50k, 30-May

**Rare Opportunity with Massive Potential in an Unbeatable Location!** Properties like this are becoming increasingly hard to find. Located just steps from Ernie Starr Arena and Bob Bahan Aquatic & Fitness Centre, this property combines an exceptional location, oversized lot, abundant parking, and endless future potential — all at an attractive price point. Situated on a quiet wide street with convenient access to schools, libraries, recreation centres, parks, shopping, transit, and International Avenue SE, this is an incredible opportunity for first-time buyers, renovators, investors, or anyone looking to secure a property with long-term upside. The true showstopper is the **huge south-facing backyard** — a rare feature that provides all-day sunshine and an incredible amount of outdoor space to enjoy, garden, entertain, expand, or simply relax. Opportunities with this kind of yard space are becoming harder and harder to find in Calgary. Adding even more value is the **oversized garage**, rear **RV parking**, and additional front parking pad — perfect for hobbyists, mechanics, extra vehicles, trailers, toys, or future workshop possibilities. Inside, the home offers a fantastic canvas for someone with vision. While dated, it has solid fundamentals and tremendous potential to personalize, renovate, and build equity. The existing **hardwood floors** could be beautifully restored, adding warmth and character throughout the main level. The current layout features an oversized primary bedroom created by combining two bedrooms, but it can easily be converted back to a three-bedroom layout if desired — offering flexibility for growing families or future resale value. Major components such as the **roof, windows, and heating system appear to be in solid condition**, giving buyers added confidence as they plan cosmetic updates over time. The basement previously contained an illegal suite, presenting additional redevelopment or income potential in the future (subject to city approval and permitting). This is an **estate sale** being sold **“as is, where is,”** and the pricing reflects an outstanding opportunity for buyers who recognize value, space, and future potential when they see it. Whether you are looking for your first home, an investment project, or a property with room to grow, this home offers possibilities that are difficult to replicate at this price point. Opportunities like this do not come along often — especially with this much land, parking, sunlight, and potential in such a convenient location.

MLS ® #: A2306320
Listing Office: MaxWell Capital Realty
Date Listed: April 29, 2026 - 42 days on site
Last Updated: Jun 09, 2026 07:25am MST

$430,000

Details

Style:
bungalow

Garage Size:
2

Interior:
see remarks

Exterior:
other

Lot:
level, see remarks

Parking/Garage:
carport, double garage detached, rv access/parking

Frontage (feet):
49.15

Even More Details

Taxes:
$0

Foundation:
poured concrete

Construction:
stucco,wood frame

Flooring:
carpet,ceramic tile,hardwood

Roof:
asphalt shingle

Heating:
forced air,natural gas

Inclusions:
n/a

Room Sizes

4pc Bathroom

3pc Bathroom

Bedroom - Primary

18`4" x 11`0"

Bedroom

9`9" x 8`6"

Bedroom

11`6" x 10`11"

Living Room

13`10" x 13`6"

Dining Room

7`3" x 11`5"

Kitchen

8`8" x 11`5"

Pantry

1`7" x 0`11"

Entrance

3`3" x 7`9"

Kitchen

8`8" x 11`0"

Family Room

25`6" x 11`0"

Office

8`9" x 10`11"

Laundry

10`1" x 11`2"

Thoughtful | Loyal | Effective

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"This what made this experience exceptional: I wasn't dealing with a REALTOR®️ , I was working with family" - Waseem Khourieh

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