1516 47 Street Se Calgary, Alberta T2A 1R4
$598,000
Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development. (id:57810)
Property Details
| MLS® Number | A2197631 |
| Property Type | Single Family |
| Neigbourhood | Forest Heights |
| Community Name | Forest Lawn |
| Amenities Near By | Park, Playground, Recreation Nearby, Schools |
| Features | See Remarks |
| Parking Space Total | 2 |
| Plan | 6933gl |
| Structure | None |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1959 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Laminate, Linoleum |
| Foundation Type | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 904 Ft2 |
| Total Finished Area | 904 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Recreation Nearby, Schools |
| Landscape Features | Landscaped |
| Size Depth | 36.57 M |
| Size Frontage | 15.24 M |
| Size Irregular | 557.00 |
| Size Total | 557 M2|4,051 - 7,250 Sqft |
| Size Total Text | 557 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 4pc Bathroom | 5.67 Ft x 6.42 Ft | ||
| Basement | Bedroom | 10.75 Ft x 11.50 Ft | ||
| Basement | Bedroom | 11.08 Ft x 9.00 Ft | ||
| Basement | Kitchen | 11.08 Ft x 10.25 Ft | ||
| Basement | Recreational, Games Room | 11.00 Ft x 14.50 Ft | ||
| Basement | Storage | 3.75 Ft x 2.67 Ft | ||
| Basement | Furnace | 10.67 Ft x 15.08 Ft | ||
| Main Level | 4pc Bathroom | 9.58 Ft x 5.08 Ft | ||
| Main Level | Bedroom | 10.00 Ft x 10.42 Ft | ||
| Main Level | Bedroom | 10.00 Ft x 8.00 Ft | ||
| Main Level | Foyer | 5.33 Ft x 4.25 Ft | ||
| Main Level | Kitchen | 9.58 Ft x 14.92 Ft | ||
| Main Level | Living Room | 13.42 Ft x 15.50 Ft | ||
| Main Level | Primary Bedroom | 9.58 Ft x 11.17 Ft | ||
| Main Level | Other | 3.00 Ft x 3.25 Ft | ||
| Main Level | Other | 3.00 Ft x 3.25 Ft |
https://www.realtor.ca/real-estate/27991486/1516-47-street-se-calgary-forest-lawn
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March 07 2025 01:00:25
Calgary Real Estate Board
Royal LePage Metro
