2040 47 Street SE Forest Lawn, Calgary, Alberta, CA

Address: 2040 47 Street SE, Calgary, Alberta

4 Beds2 Baths1049 sqftStatus: Buy
Price $645,000

Property Overview


POTENTIAL, POTENTIAL, POTENTIAL! This massive corner lot is a prime investment opportunity with so much potential. This classic bungalow boasts nearly 2,000 sq ft of developed living space with a lot that’s over 50 feet wide. Located conveniently close to downtown and numerous amenities, this property offers unparalleled versatility for homeowners and investors alike.The home features a spacious main floor and a large illegal basement suite, perfect for those looking to maximize rental income. You can live upstairs while renting out the basement, or rent both units and create an opportunity to generate cash flow. The double detached garage adds further value and convenience.For developers, the potential is even greater. With proper permits, you can choose to transform this property into multi-family row housing – an ideal investment opportunity where you can choose to sell or rent the units. The huge lot and prime location make this property a rare find with significant future upside.Don't miss out on this exceptional property with so many possibilities. Whether you're looking to invest, develop, or create your dream home, this corner lot is full of opportunities! (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1049 sqft
Community Name
Forest Lawn
Subdivision Name
Forest Lawn
Title
Freehold
Land Size
614 m2|4,051 - 7,250 sqft
Built in
1959
Parking Type
Detached Garage(2),Oversize
Building
Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
4
Interior Features
Appliances Included
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
Flooring
Ceramic Tile, Hardwood, Linoleum
Basement Features
Separate entrance, Suite
Basement Type
Full
Building Features
Features
See remarks, Back lane
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Square Footage
1049 sqft
Total Finished Area
1049 sqft
Structures
None
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Wood siding
Parking
Parking Type
Detached Garage(2),Oversize
Total Parking Spaces
5
Land
Lot Features
Fencing
Fence
Other Property Information
Zoning Description
R-CG
Level Rooms Dimensions
Basement Kitchen 17.75 Ft x 10.00 Ft
Living room 14.92 Ft x 12.75 Ft
Laundry room 10.33 Ft x 8.50 Ft
Bedroom 16.75 Ft x 10.33 Ft
4pc Bathroom 8.42 Ft x 7.33 Ft
Main level Kitchen 17.50 Ft x 11.17 Ft
Dining room 9.67 Ft x 8.58 Ft
Living room 13.50 Ft x 12.33 Ft
Bedroom 14.00 Ft x 9.92 Ft
Bedroom 10.75 Ft x 8.00 Ft
Bedroom 10.25 Ft x 8.67 Ft
4pc Bathroom 6.83 Ft x 4.92 Ft

Features
           See remarks            Back lane            Detached Garage(2)
           Oversize            Washer            Refrigerator
           Dishwasher            Stove            Dryer
           Microwave Range Hood Combo            Separate entrance            Suite
           None
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Your Home Finance Calculation

Property Price CA $645,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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