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$590,000
13 Days On Site

2040 47 Street SE
Calgary, AB T2B 1L3

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,049
SqFt
$562
/SqFt
1959
Built
Subdivision:
Forest Lawn
County:
Calgary

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2040 47 Street SE2040 47 Street SE2040 47 Street SE2040 47 Street SE
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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.

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Listing Snapshot
Price 
$590,000
Days On Site 
13 Days
Bedrooms 
4
Inside Area (SqFt) 
1,049 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1959
MLS® Number 
A2233702
Status 
Active
Property Tax 
$2,963
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.15
Direction Faces 
West
Garage 
Yes
Garage Spaces 
2
Parking Spaces 
5
Property Sub Type 
Single Family Residence
SqFt Below 
716
Stories 
One
Style 
Bungalow
Zoning 
R-CG
Interior Features
Appliances 
DishwasherDryerElectric CooktopMicrowaveWasher
Basement 
Full
Cooling 
Ceiling Fan(s)
Flooring 
Ceramic TileTileHardwood
Heating 
Forced Air
Laundry Features 
In Basement
Window Features 
Window Coverings
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Exterior Features
Construction Details 
StuccoWood Siding
Fencing 
Fenced
Frontage 
16.46M 54`0"
Lot Features 
Corner Lot
Roof 
AsphaltShingle
Windows/Doors 
Window Coverings
Listing courtesy of Dusko Sremac of Real Broker

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Alberta One Realty Listing Services (Pillar 9)
Last checked 2025-07-11 01:07 PM UTC

Neighborhood & Commute
Source: Walkscore
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