1527 46 St. SE | Forest Lawn | Calgary

1527 46 Street | Forest Lawn

Beds
3 2
Baths
2.0
Sqft
975
Lot Sqft
5,995
Year Built
1961
Days Listed
41
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 - 42 days on site
Last Updated: Jul 31, 2026 07:05am 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.

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

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