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$630,000
17 Days On Site

1502 40 Street SE
Calgary, AB T2A 1K2

For Sale|Single Family Residence|Active
5
Beds
2
Total Baths
2
Full Baths
940.46
SqFt
$670
/SqFt
1958
Built
Subdivision:
Forest Lawn
County:
Calgary

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403-775-6950
1502 40 Street SE1502 40 Street SE1502 40 Street SE1502 40 Street SE
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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, AN ILLEGAL BASEMENT SUITE, 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!

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Listing Snapshot
Price 
$630,000
Days On Site 
17 Days
Bedrooms 
5
Inside Area (SqFt) 
940.46 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1958
MLS® Number 
A2323322
Status 
Active
Property Tax 
$3,268
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $630,000
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.12
Foundation 
Brick/Mortar
Garage 
Yes
Garage Spaces 
2
Parking 
Off StreetGarage
Parking Spaces 
4
Property Sub Type 
Single Family Residence
SqFt Above 
940.46
SqFt Below 
896.19
Style 
Bungalow
Zoning 
R-CG
Interior Features
Appliances 
Electric CooktopElectric OvenRange HoodRefrigeratorWasher/Dryer
Basement 
FullFinishedExterior Entry
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
2
Flooring 
Laminate
Heating 
CentralForced AirNatural Gas
Interior 
Ceiling Fan(s)Central VacuumSee RemarksStorage
Laundry Features 
Laundry Room
3pc Bathroom 
Dimensions - 7`1" x 6`5"Level - Basement
4pc Bathroom 
Dimensions - 10`10" x 5`2"Level - Main
Bedroom 
Dimensions - 10`8" x 10`4"Level - Main
Bedroom - Primary 
Dimensions - 12`2" x 11`10"Level - Main
Furnace/Utility Room 
Dimensions - 1`10" x 1`5"Level - Basement
Game Room 
Dimensions - 13`0" x 10`6"Level - Basement
Hall 
Dimensions - 9`10" x 3`0"Level - Main
Kitchen 
Dimensions - 10`4" x 8`1"Level - Basement
Kitchen With Eating Area 
Dimensions - 13`5" x 12`1"Level - Main
Laundry 
Dimensions - 12`7" x 7`3"Level - Basement
Living Room 
Dimensions - 15`10" x 14`3"Level - Main
Storage 
Dimensions - 7`8" x 3`8"Level - Basement
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Exterior Features
Construction Details 
Brick
Exterior 
GardenPrivate Yard
Fencing 
Fenced
Frontage 
15.24M 50`0"
Lot Features 
Back YardCorner LotFront YardGardenLandscapedWooded
Patio And Porch 
Patio
Roof 
Shingle
Community Features
Community Features 
ParkPlaygroundSidewalksStreet Lights
Listing courtesy of Peter Pasion of CIR Realty

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 2026, Alberta One Realty Listing Services (Pillar 9)
Last checked 2026-07-11 01:35 AM UTC

Neighborhood & Commute
Source: Walkscore
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