2040 47 Street Se Calgary, Alberta T2B 1L3
$625,000
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:57810)
Property Details
| MLS® Number | A2209521 |
| Property Type | Single Family |
| Neigbourhood | Eastfield |
| 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 |
Building
| 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 | 1,054 Ft2 |
| 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 | Length | Width | 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 |
https://www.realtor.ca/real-estate/28187542/2040-47-street-se-calgary-forest-lawn
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April 18 2025 06:05:47
Calgary Real Estate Board
Cir Realty
