MLS®: A2334579 - Forest Lawn Bungalow $599,900

  • Address: 1502 40 Street
  • Size: 940 sq.ft.
  • 5
  • 2
  • 2

SHOWS 10/10! ATTENTION FIRST-TIME HOMEBUYERS, BUILDERS AND DEVELOPERS! This property IS A CORNET LOT HOME and presents an outstanding opportunity in a growing area with excellent access to transit, schools, parks, and shopping. EXPLORE THE POTENTIAL FOR FUTURE MULTI-UNIT REDEVELOPMENT, including a 4-plex, subject to City of Calgary approval and all applicable regulations. Welcome to this WELL-MAINTAINED BUNGALOW situated on a large lot in a convenient SE Calgary location. Offering over 1,700 SQ. FT. OF DEVELOPED LIVING SPACE, this property features 5 BEDROOMS, 2 FULL BATHROOMS, BASEMENT SUITE (Illegal), AND A MASSIVE OVERSIZED DOUBLE DETACHED GARAGE, making it an excellent opportunity for homeowners, multi-generational families, or savvy investors. The main floor offers approximately 880 SQ. FT. ABOVE GRADE and showcases a bright and spacious living room highlighted by a cozy fireplace, a functional kitchen with ample cabinetry and dining space, a generous PRIMARY BEDROOM, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement features a SEPARATE ENTRANCE, its own kitchen, a large recreation/living area, 2 ADDITIONAL BEDROOMS, a 3-piece bathroom, laundry area, and plenty of storage space—providing excellent flexibility for extended family living or mortgage-helper potential. Recent upgrades include an UPGRADED WASHER AND DRYER and a NEWER HOT WATER TANK, offering added value and peace of mind. Additional conveniences include a CENTRAL VACUUM SYSTEM and a WHOLE-HOUSE WATER FILTRATION SYSTEM, enhancing everyday comfort and functionality. Outside, you'll appreciate the beautifully maintained yard, LARGE PRIVATE BACKYARD, expansive patio area, and an impressive OVERSIZED DOUBLE DETACHED GARAGE with approximately 597 SQ. FT. OF SPACE, perfect for vehicles, tools, hobbies, workshop use, or additional storage. Ample off-street parking further adds to the property's appeal. Ideally located close to schools, shopping, public transit, parks, playgrounds, major roadways, and downtown Calgary, this property offers the perfect blend of convenience, versatility, and income potential. Whether you're looking to live up and rent down, accommodate a growing or multi-generational family, or add a solid revenue property to your investment portfolio, this home delivers exceptional value and endless possibilities. DON'T MISS THIS INCREDIBLE OPPORTUNITY!

MLS®: A2334579 - Forest Lawn Bungalow $599,900

  • Address: 1502 40 Street
  • Size: 940 sq.ft.
  • 5
  • 2
  • 2

Includes: NONE

Site Influences: Back Lane, Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Standard Shaped Lot, Street Lighting, Treed

Property Information

Property Type: Residential Detached Single Family

Home Style: Bungalow

Year Built: 1958

Total Floor Area: 940 sq. ft.

Brokerage: CIR Realty

Listed Date: Please login or create an account

Community Information

City/Town: Calgary

Community: Forest Lawn

Exterior

Lot Size: 0.12 sq.ft.

Lot Shape: Back Lane,Back Yard,Corner Lot,Front Yard,Garden,Landscaped,Lawn,Standard Shaped Lot,Street Lighting,Treed

Exterior: Brick

Construction: Brick

Frontage: 15.24M 50`0"

Front Exposure: W

Roof: Shingle

Parking: Double Garage Detached, Off Street

Total Parking: 4

Interior

Heating: Central, Mid Efficiency, Forced Air, Natural Gas

Basement: Full

Floor Finish: Laminate

Fireplace Details: For Sale

Rooms

Total Bedrooms: 5 (Bedrooms Above: 3)

Bathrooms: Full: 2 / Half: 0

Above Grade: 6

Legal, Financial & Possession

Zoning: R-CG

Legal Description: Lot/Unit: Lot/Unit:,Plan: 7113GW,Block:

Tax: 3268.00

Possession: Immediate

Occupancy: Vacant

Restrictions: None Known

Listing Courtesy of CIR Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®: A2334579 - Forest Lawn Bungalow $599,900

  • Address: 1502 40 Street
  • Size: 940 sq.ft.
  • 5
  • 2
  • 2

Listing Courtesy of CIR Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.