5203 Memorial Drive SE | Forest Heights | Calgary

Reduced

Reduced

5203 Memorial Drive | Forest Heights

Beds
3 2
Baths
2.0
Sqft
1,051
Lot Sqft
5,500
Year Built
1968
Days Listed
52
Type
Detached
Status
Active
Garage
No
Foundation
Concrete
Condo Fee
No
Price Change
-$25k, 01-Jul

Welcome to this beautifully renovated bungalow in the established community of Forest Heights, offering a great opportunity for homeowners, investors, or multi-generational living. With 3 bedrooms up, an illegal 2-bedroom basement suite, and completely updated throughout, this home blends modern comfort with functional versatility in a mature, convenient location. Step inside to discover a bright and inviting main floor featuring updated flooring, newer windows, stylish light fixtures, and a fresh contemporary feel from top to bottom. The spacious living area is filled with natural light and flows seamlessly into the renovated kitchen, complete with modern cabinetry, updated countertops, and plenty of prep and storage space. The adjoining dining area creates an ideal setup for both everyday living and entertaining. Three well-sized bedrooms and an updated full bathroom complete the upper level. The fully developed lower level features a thoughtfully designed illegal 2-bedroom suite with its own renovated kitchen, updated bathroom, spacious living area, and separate sleeping quarters—perfect for extended family, guests, or potential rental income. The lower level continues the same updated aesthetic found upstairs, making the entire home feel cohesive and move-in ready. Outside, the sunny south-facing backyard offers a private outdoor space with plenty of room to relax, garden, or entertain. The yard is fully fenced, making it ideal for kids and pets, while the large rear parking pad provides ample off-street parking for multiple vehicles. Whether you’re looking for a comfortable family home or an investment property with income potential, this property checks all the boxes. Located close to schools, parks, shopping, transit, and major commuter routes, this is a fantastic opportunity to own a turnkey home in an established southeast Calgary neighbourhood. Stylishly updated, well maintained, and offering outstanding flexibility, this bungalow is ready for its next chapter. (Please note all photos are AI staged )

MLS ® #: A2310753
Listing Office: RE/MAX First
Date Listed: May 13, 2026 - 53 days on site
Last Updated: Jul 05, 2026 05:05am MST

$499,900

Details

Style:
bungalow

Interior:
kitchen island, low flow plumbing fixtures, quartz counters, soaking tub, storage

Exterior:
storage

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

Parking/Garage:
alley access, parking pad

Frontage (feet):
49.97

Even More Details

Taxes:
$0

Foundation:
poured concrete

Construction:
brick,stucco,wood frame

Flooring:
laminate,tile,vinyl

Roof:
asphalt shingle

Heating:
forced air,natural gas

Inclusions:
basement: fridge, stove, hood fan

Room Sizes

Bedroom - Primary

11`1" x 11`6"

Bedroom

11`2" x 8`8"

Bedroom

12`6" x 8`0"

4pc Bathroom

11`0" x 4`11"

Kitchen

11`5" x 16`2"

Living Room

13`10" x 14`3"

Furnace/Utility Room

12`8" x 16`3"

4pc Bathroom

7`10" x 6`11"

Game Room

12`10" x 21`7"

Kitchen

12`10" x 4`0"

Bedroom

12`10" x 11`10"

Bedroom

12`7" x 10`1"

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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“[Breanna] told me with 100% confidence and certainty she could get the job done and that’s exactly what happened.”.
 
- Channing Pass
“Breanna was a dream to work with - knowledgeable, attentive, professional and organized. I really appreciate how she and Tom operate their business - 'integrity' is the word that comes to mind.”.
 
- Michele Hannay
“She was extremely professional, knowledgeable, transparent and reliable through the whole process. It truly felt like having a friend on the "inside" working for us.”.
 
- Kevin and Sandie

Breanna
Albrecht