2040 47 Street, Calgary

Detached Bungalow for Sale

2040 47 Street, Calgary, MLS® # A2209521
  • MLS®#: A2209521
  • Price: $625,000
  • Bedrooms: 4
  • Bathrooms: 2(full) 0(half)
  • Parking: 4
  • Status: Active
  • Year Built: 1959
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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

Contact Dan Salloum About MLS® A2209521

Required Field

Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4

property information

  • Property Type: Detached Home
  • MLS®#: A2209521
  • Style: Bungalow
  • Year Built: 1959
  • Lot Shape: Back Lane,Back Yard,Corner Lot,Level,No Neighbours Behind,Rectangular Lot
  • Total Floor Area: 1,054 sq.ft
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Community Information

  • Address: 2040 47 Street
  • Neighbourhood: Forest Lawn
  • City: Calgary
  • Postal Code: T2B 1L3
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interior

  • Included: none
  • Bedrooms: 4 (Bedrooms Above: 2)
  • Bathrooms: Full: 2
  • Rooms Above Grade: 5
  • Fireplace Details: For Sale
  • Basement: Full, Suite, Full, Suite
  • Floor Finish: Ceramic Tile, Hardwood
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exterior

  • Exterior Features: Back Lane, Back Yard, Corner Lot, Level, No Neighbours Behind, Rectangular Lot
  • Exterior Finish: Stucco, Wood Frame, Wood Siding
  • Construction: Stucco,Wood Frame,Wood Siding
  • Roof: Asphalt Shingle
  • Front Exposure: W
  • Frontage: 16.46M 54`0" metres
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services & amenities

  • Parking: Double Garage Detached (4 Total Parking Spaces, 2 Covered)
  • Heating: Forced Air,Natural Gas
  • Heating: Forced Air, Natural Gas
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$625,000

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Listing Courtesy of
CIR Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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