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2040 47 Street Se, Calgary, Alberta T2B 1L3 New

MLS® # A2209521

$625,000

Property Size 1054
Bedrooms 4
Bathrooms 2
Year Built 1959
Garages 4

Description

Seize a remarkable opportunity in Forest Lawn with this strategically positioned corner lot bungalow, offering an impressive 2,000 square feet of living space on a substantial 54' x 120' R-CG zoned lot. This versatile property, one of the most affordable corner lots in the area, features a well-designed main floor with 3 bedrooms and a separate-entrance basement unit, generating potential rental income of $1,300 a month. Located just two blocks from vibrant International Avenue,, with schools, playgrounds, and grocery stores within walking distance, this property stands out with its ability to accommodate up to six vehicles in off-street parking. The R-CG zoning opens doors to multiple possibilities - perfect for first-time buyers seeking an affordable entry into homeownership, investors looking to maximize rental income (Potential of $$1800 for main floor and $1300 for the basement), or developers interested in multi-family row housing conversion (with proper permits). The property's strategic location, only 12 minutes drive to Downtown, combined with its development potential, generous lot size, and immediate income-generating capabilities, creates an unprecedented opportunity to secure a piece of Forest Lawn's promising future, making it an ideal investment whether you're starting your real estate journey, expanding your portfolio, or planning your next development project (id:53676)

PROPERTY FEATURES

  • MLS® Number A2209521
  • Price $625,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 1054 sqft
  • Property Type: House
  • Community Name: Forest Lawn
  • Amenities Near By Park, Playground, Schools, Shopping
  • Features Back Lane, No Neighbours Behind, No Animal Home, No Smoking Home, Level
  • Parking Space Total 4
  • Plan 8779hp
  • Structure None

Buildings

Bathroom Total 2 Bedrooms Above Ground 2
Bedrooms Below Ground 2 Bedrooms Total 4
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo Architectural Style Bungalow
Basement Features Suite Basement Type Full
Constructed Date 1959 Construction Material Wood Frame
Construction Style Attachment Detached Cooling Type None
Exterior Finish Stucco, Wood Siding Flooring Type Ceramic Tile, Hardwood
Foundation Type Poured Concrete Heating Fuel Natural Gas
Heating Type Forced Air Stories Total 1
Size Interior 1054 Sqft Total Finished Area 1053.89 Sqft
Type House

Parking

Detached Garage 2

Land

Acreage No Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping Size Depth 36.57 M
Size Frontage 16.46 M Size Irregular 614.00
Size Total 614 M2|4,051 - 7,250 Sqft Size Total Text 614 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Basement Kitchen 17.67 Ft x 10.08 Ft
Basement Living Room 14.92 Ft x 12.75 Ft
Basement Laundry Room 10.33 Ft x 8.50 Ft
Basement Furnace 12.42 Ft x 7.58 Ft
Basement Bedroom 10.25 Ft x 8.75 Ft
Basement Bedroom 16.75 Ft x 10.25 Ft
Basement 4pc Bathroom 8.42 Ft x 7.42 Ft
Main Level Eat In Kitchen 17.50 Ft x 9.67 Ft
Main Level Dining Room 9.92 Ft x 8.58 Ft
Main Level Living Room 13.50 Ft x 12.33 Ft
Main Level Primary Bedroom 13.92 Ft x 9.92 Ft
Main Level Bedroom 10.83 Ft x 7.92 Ft
Main Level 4pc Bathroom 6.92 Ft x 4.92 Ft

BROKERAGE

  • Office: Cir Realty

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