2040 47 ST SE Calgary, AB T2B 1L3
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,049 sqft
Price per Sqft $562
Subdivision Forest Lawn
MLS® Listing ID A2233702
Style Bungalow
Bedrooms 4
Full Baths 2
Year Built 1959
Annual Tax Amount $2,963
Tax Year 2025
Lot Size 6,609 Sqft
Acres 0.15
Property Sub-Type Detached
Source Calgary
Property Description
This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable.
Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality.
The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area.
Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don't miss this rare chance to secure a valuable piece of real estate with significant upside.
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction W
Rooms
Basement Separate/Exterior Entry, Full, Suite
Interior
Interior Features Ceiling Fan(s), See Remarks
Heating Forced Air
Cooling None
Flooring Ceramic Tile, Hardwood, Linoleum
Inclusions Basement: Refrigerator, Electric Stove, Hood Fan
Appliance Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Laundry In Basement
Exterior
Parking Features Double Garage Detached, Driveway, Oversized
Garage Spaces 2.0
Garage Description Double Garage Detached, Driveway, Oversized
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby
Roof Type Asphalt Shingle
Porch None
Lot Frontage 54.01
Total Parking Spaces 5
Building
Lot Description Back Lane, Back Yard, Corner Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 101175165
Ownership Private
Virtual Tour https://home.newlisting.io/204047stse/?mls