Forest Lawn Homes For Sale $500001-$600000
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901 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2208968
901 38 Street SE Calgary T2A 1G1 
$600,000Residential- Status:
- Active
- MLS® Num:
- A2208968
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,036 sq. ft.
Hello Developers, Investors and Builders! This expansive 51.5' x 126' corner lot offers incredible potential for development. The site design allows for a corner row home layout featuring four main building units (2 stories, 3 bedrooms each) and four legal secondary suites (1 bedroom each), along with four single-car garages. The property is also eligible for H-GO rezoning, offering the option to build a 5+5 structure if desired. The current home includes 3 bedrooms and 1 bath on the upper floor, plus an illegal basement suite with 2 bedrooms and 1 bath, accessible via a separate back entrance. A double detached garage, driveway, and storage shed complete the property. The lot offers quick access to Memorial Drive and International Avenue, making it a prime location for development. Please note, the property is boarded up and ready for demolition. It is being sold as-is. Don’t miss this incredible opportunity to build for rental income or resale! More detailsListed by Synterra Realty- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
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2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
2401 40 Street SE Calgary T2B 1C1
$599,900Residential- Status:
- Active
- MLS® Num:
- A2202406
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,333 sq. ft.
An incredible opportunity for investors, builders, and developers, this rare RC-G zoned CORNER LOT with a back lane spans 50 x 126 feet, offering the potential to develop a 4-plex with legal suites for up to eight units, subject to city approval. Located on a quiet street just a few blocks from schools, the property features a fully fenced oversized lot. The main floor includes two bedrooms, a full bathroom, a large living room, a sitting room, and a bright solarium overlooking the backyard. Basement features a separate entrance, with a kitchen, two bedrooms and bath. A single detached garage and ample street parking add convenience, while the surrounding area continues to grow with new developments along 17 Ave SE. Whether you're looking to build now or hold for future development, this property presents an exceptional chance to live, rent, and invest, with a long-term tenant already in place. Don’t miss out on this prime development opportunity with endless potential—act now! More detailsListed by Keller Williams BOLD Realty- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
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1316 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2203298
1316 38 Street SE Calgary T2A 1G5
$599,900Residential- Status:
- Active
- MLS® Num:
- A2203298
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 956 sq. ft.
Welcome to this beautifully updated home in the rapidly redeveloping community of Forest Lawn! Offering rental income potential of up to $3,700/month, this versatile property is perfect for homeowners looking to live upstairs and rent downstairs or for investors seeking strong cash flow. Sitting on a large lot with future multi-family development possibilities, this home presents an excellent opportunity in a thriving neighborhood. The main floor boasts a bright and inviting open-concept layout, where a stylish feature wall in the living area adds character and charm. The space flows seamlessly into the dining area and a modern kitchen equipped with sleek finishes and stainless steel appliances. Three spacious bedrooms provide comfortable living, including one with direct access to a large deck—perfect for relaxing or entertaining. A beautifully updated 4-piece bathroom completes this level. Another separate rear entrance leads to the common laundry area and an income-generating illegal basement suite. The illegal basement suite features a generous living and dining area, a full kitchen, and a 4-piece bath. The large bedroom has the potential to be converted into two bedrooms, further maximizing rental income. Additional highlights include an oversized detached garage plus two extra parking spots in the back, with plenty of street parking available. Located in a community undergoing significant redevelopment, this home is close to top amenities, schools, shopping, dining, and public transit, with easy access to downtown. With its strong rental potential, future redevelopment possibilities, and prime location, this property is a must-see! Book your showing today! More detailsListed by Real Broker- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
Data was last updated May 12, 2025 at 08:05 PM (UTC)
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