2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
2040 47 Street SE Calgary T2B 1L3 : Forest Lawn
- $590,000
- Prop. Type:
- Residential
- MLS® Num:
- A2233702
- Status:
- Active
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1959
Incredible Investment Opportunity on a Prime Corner Lot!
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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Suite - Illegal
- Home Style:
- Bungalow
- Total Living Area:
1,049 sq. ft.- Main Level Finished Area:
- 1,049 sq. ft.
- Below Grade Finished Area:
- 716 sq. ft.
- Acreage:
- No
- Lot Area:
- 6,609 sq. ft.
- Lot Frontage:
- 54'⅛"
- Front Exposure:
- West
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1959 (Age: 66)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 8779HP
- Heating:
- Forced Air
- Basement:
- Separate/Exterior Entry, Full, Suite
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame, Wood Siding
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Ceramic Tile, Hardwood, Linoleum
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Driveway, Oversized
- Parking Places:
- 5
- Parking Total/Covered:
- 5 / -
- Laundry Features:
- In Basement
- Forest Lawn
- Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
- Basement: Refrigerator, Electric Stove, Hood Fan
- None Known
- Floor
- Type
- Dimensions
- Other
- Main Floor
- Kitchen
- 17'6"
x
11'2"
- Main Floor
- Dining Room
- 9'8"
x
8'7"
- Main Floor
- Living Room
- 13'6"
x
12'4"
- Main Floor
- Bedroom
- 14'
x
9'11"
- Main Floor
- Bedroom
- 10'9"
x
8'
- Main Floor
- Bedroom
- 10'3"
x
8'8"
- Basement
- Kitchen
- 17'9"
x
10'
- Basement
- Living Room
- 14'11"
x
12'9"
- Basement
- Laundry
- 10'4"
x
8'6"
- Basement
- Bedroom
- 16'9"
x
10'4"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'11" x 6'10"
- Basement
- No
- 4
- 7'4" x 8'5"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Ceiling Fan(s), See Remarks
- Exterior Features:
- Other
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Back Yard, Corner Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- R-CG
- Listed Date:
- Jun 27, 2025
Listed by Real Broker
Data was last updated August 22, 2025 at 06:05 AM (UTC)
