8 Units DP approved of this prime location, just moments from International Ave (17 Ave SE). With convenient access to transit and downtown, this property is a fantastic investment opportunity. The lot features a home with a illegal basement suite, offering immediate rental income or a solid foundation for future development. Whether you choose to buy and hold, renovate, or explore infill development, this property presents limitless possibilities. Don’t miss your chance to turn this space into your next great project! Sold as is.More details
LEGAL/Beautiful Basement Secondary SUITE # 00896). Unique - this is not commonly found but will impress you as it is meticulously maintained!! Fantastic opportunity to live upstairs in a beautiful bungalow and rent down!! RARE TRIPLE DETACHED GARAGE with 8 ft. high doors (a dream for toys, workshop, hobbies) with approximately 12 ft. ceilings and overhead mezzanine for storage, heated slab with a boiler & overhead gas furnace, air lines throughout with an 80 gal. upright compressor and separate electrical panel, stereo system. ALL SHELVING AND WORKBENCHES STAY!! Additional suite/RV/boat parking on South side of garage with a privacy wall so that you can enjoy the fabulous yard. Gorgeous curb appeal! Main floor has two bedrooms, living (A/C heat pump for cooling upstairs), kitchen with white cabinetry (sleek appliances including double ovens) has access to West back yard with two tiered deck/hot tub, dining, 4-piece bath. Vinyl plank, hardwood and porcelain flooring throughout! The stairway to basement which has laundry (front load washer/dryer) and utility room/water softener & lots of storage is dedicated space for the main floor residents. LEGAL BASEMENT SUITE with separate outside entrance is beautiful with living room, bedroom/walk-in closet, kitchen, 4-piece bathroom and convenient stacked washer/dryer. Yard is fully fenced and has shed & gravel dog area. Hot/cold taps on deck with drain for dog paws. CT cameras inside and out. FULL SECURITY SYSTEM!! Located minutes from downtown and with close proximity to all amenities, shopping, restaurants, schools, parks, transit, airport and all major transportation. PRIDE OF OWNERSHIP & GREAT QUALITY WORKMANSHIP!! Don't miss this opportunity to own and have some revenue at the same time, have a family member close to you or whatever suits!! Worth seeing - Own and pay off your mortgage, at the same time.More details
This is an incredible opportunity for investors, developers, and builders. This rare RC-G zoned, CORNER LOT with a back-lane. The lot measuring 55X120 feet, over 6598 square feet, offering great opportunity to develop a 4-plex, or 8 units, two duplexes with legal suite, row townhouse, and more. This is a prime location, minutes away to International Ave (17 Ave SE) and very close proximity to downtown. Whether, you are looking for a potential build now or hold for future development, this property offers an exceptional chance to live, rent, or invest. This property is a fantastic investment opportunity for developers, investors and builders, whether you are planning to buy, hold, renovate, or explore future infill development, this property gives you a limitless possibilities. Further, this lot features a home with a legal suite, offering immediate rental revenue, rent upstairs, and basement separately. The main floor includes three bedrooms, a full bathroom, a large living room, and basement features a separate entrance, with a kitchen, a one-bedroom, full bathroom, and large flex room. Further, the lot features a single detached garage, fenced backyard, and ample street parking. Don't miss your chance to capitalize on this amazing opportunity, book your showing Now.More details
Attention Developers and builders. 55 x 120 ft Corner lot HGO zoning 5 row homes with 5 legal suites and detached garage. with Approved Development permit. This sleek contemporary looking 5 plex is designed by Faas Architecture. House is currently rented to one tenant. Call for more informationMore details
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 projectMore details
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 details
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. Viewings are subject to an accepted offer. Don’t miss out on this prime development opportunity with endless potential—act now!More details
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 details
Attention investors and developers! This property is being sold together with 1516 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a LEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright white kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed legal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and one bedroom. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional.More details
Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development.More details
Situated on the quiet part of Forest Lawn, this home is just steps away from Elliston Park, offering you access to green space, walking trails, and recreational areas. Plus, it’s conveniently located near schools, shopping, and public transit.
Upon entering, you’ll be greeted by a spacious living room with large windows that flood the space with natural light. The real wood fireplace adds a touch of warmth and charm, becoming a rare commodity in today’s homes. It’s the perfect spot to unwind during those colder months. Perhaps you want to watch TV and wind down before bed, you can do that in the primary suite with a designated living area before entering your master bedroom.
The well-appointed kitchen features modern appliances, ample cabinetry, and plenty of counter space. With three generously sized bedrooms, this home provides ample space for family and guests. The updated bathrooms offer sleek finishes and a clean, modern feel.
One of the standout features of this property is the separate basement entrance, providing great potential for a rental from the existing illegal suite to generate revenue and help pay the mortgage. This added flexibility makes the home a smart investment for anyone looking for a secondary income stream.
The property also boasts new landscaping and drainage work, ensuring water is properly diverted away from the house. The large backyard is a private oasis, featuring a concrete terrace perfect for outdoor entertaining, a storage shed, and additional storage space beside the HEATEAD garage, which could easily be converted into a small RV parking spot. The front yard and backyards are fully fenced, offering a secure space for children or pets – especially ideal if you have a dog.
Key upgrades include a new roof and hot water tank, both just two years old, as well as brand new vinyl flooring throughout, making this home move-in ready and low-maintenance.
Don’t miss out on this fantastic opportunity to own a well-maintained home with incredible potential. Schedule your private viewing today!More details
***Open house Thursday April 24th 10-3pm and Friday April 25th 3-8pm***
Looking for move-in ready with room to grow and the potential for rental income? This beautifully renovated bungalow in SE Calgary checks every box—with a fully finished legal suite, an oversized heated garage, and an expansive 50’ x 126’ M-CG zoned lot offering flexibility for multi-generational living, future development, or smart investing.
Highlights You’ll Love:
Complete Renovation: Thoughtfully upgraded throughout with newer windows (all but two in the basement), new doors, tankless hot water, high-efficiency furnace, central air conditioning, upgraded electrical, and a newer roof (35-year shingles on the house, 25-year on the garage).
Spacious Main Floor: Featuring a 225 sq ft primary bedroom, a second bedroom, renovated full bath, and a bright, open kitchen with upgraded stainless steel appliances—ideal for everyday living and entertaining.
Versatile Basement: Includes a legal suite (formerly permitted for Airbnb, permit recently expired) complete with two generously sized bedrooms, a large rec/living area, 220 wiring, and plenty of flexibility for guests, extended family, or rental income.
Outdoor Space That Stands Out: The fully fenced, low-maintenance yard includes a concrete RV pad with 30amp hookup, a pergola (included), and plenty of space to relax, garden, or gather with friends.
Incredible Garage: A true mechanic’s dream—oversized 25’ x 22’, fully heated, and ready to handle your hobbies or projects.
Location Perks: Walk to schools, transit, and shops. Quick access to downtown means less time commuting and more time enjoying your home.
This is the kind of property that doesn’t come along often—upgraded, low-maintenance, and full of potential. Whether you’re starting your next chapter or investing in your future, this home is ready for you.
Call your favourite Realtor to book your showing today—you won’t want to miss it!More details
Data was last updated April 24, 2025 at 04:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.