1527 46 St. SE | Forest Lawn | Calgary

Reduced

Reduced

1527 46 Street | Forest Lawn

Beds
3 2
Baths
2.0
Sqft
975
Lot Sqft
5,995
Year Built
1961
Days Listed
21
Type
Detached
Status
Active
Garage
Yes
Foundation
Concrete
Condo Fee
No
Price Change
-$22k, 06-Jul

Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail

MLS ® #: A2321172
Listing Office: TREC The Real Estate Company
Date Listed: June 20, 2026 - 21 days on site
Last Updated: Jul 11, 2026 05:25am MST

$578,000

Details

Style:
bungalow

Garage Size:
1

Interior:
separate entrance

Exterior:
playground

Lot:
back lane, rectangular lot

Parking/Garage:
parking pad, single garage detached

Frontage (feet):
49.22

Even More Details

Taxes:
$0

Foundation:
poured concrete

Construction:
wood frame

Flooring:
hardwood,laminate

Roof:
asphalt shingle

Heating:
forced air

Inclusions:
none

Room Sizes

Living Room

15`3" x 10`2"

Kitchen

7`10" x 15`11"

Dining Room

7`9" x 5`10"

Laundry

5`11" x 7`2"

Foyer

5`2" x 3`8"

Kitchen

11`1" x 15`0"

Living Room

11`6" x 12`11"

Bedroom - Primary

11`6" x 11`9"

Bedroom

11`7" x 8`2"

Bedroom

14`7" x 8`7"

Bedroom

10`7" x 12`10"

4pc Bathroom

7`9" x 4`10"

4pc Bathroom

7`11" x 8`6"

Bedroom

7`11" x 11`6"

Thoughtful | Loyal | Effective

Loving this home?

Breanna will call to discuss.

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

Similar Properties

Reduced

259 Kingfisher Crescent

Kings Heights 3 Bed 2 Bath 2158sqft

Real Broker

46 Cityside Gardens

Cityscape 5 Bed 2.5 Bath 2453sqft

Royal LePage Blue Sky

New

71 Westmount Circle

Westmount_OK 3 Bed 2.5 Bath 2259sqft

2% Realty

379 Cimarron Blvd.

Cimarron 4 Bed 3.5 Bath 1995sqft

Real Broker

432 Rivercrest Road

Rivercrest 3 Bed 2.5 Bath 1889sqft

Royal LePage Benchmark

181 Panamount Hill

Panorama Hills 4 Bed 3 Bath 1631sqft

eXp Realty

New

304 Shawcliffe Circle

Shawnessy 4 Bed 3.5 Bath 1517sqft

The Real Estate District

133 Panamount Court

Panorama Hills 3 Bed 2.5 Bath 1738sqft

CIR Realty

68 Nolancrest Circle

Nolan Hill 3 Bed 2.5 Bath 1829sqft

KIC Realty

“A lot of people viewed the movie and pictures within the first 24 hours and I believe we had around 10 showings within the first two days.”.
 
- Gerald Lichti
“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) really did exactly what she promised to do. Thank you The A-Team for all your hard work and for making selling a home easy. ”.
 
- Rafal Wrobel

Breanna
Albrecht