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Forest Lawn
1516 47 Street SE
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1516 47 Street SE $598,000
$598,000
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1516 47 Street SE
Calgary, Alberta T2A1R4

MLS® Number: A2197631
3 + 2
Bedrooms
2
Bathrooms
904
Square Feet

Listing Description

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. (30189117)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
904 sqft
Community Name
Forest Lawn
Subdivision Name
Forest Lawn
Title
Freehold
Land Size
557 m2|4,051 - 7,250 sqft
Built in
1959
Annual Property Taxes
$2,918
Parking Type
Detached Garage (2)
Time on REALTOR.ca
16 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer
Flooring
Laminate, Linoleum
Basement Type
Full (Finished)
Building Features
Features
See remarks
Foundation Type
Brick
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Structures
None
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
Park, Playground, Recreation Nearby, Schools
Parking
Parking Type
Detached Garage (2)
Total Parking Spaces
2

Measurements

Square Footage
904 sqft
Total Finished Area
904 sqft

Rooms

MetricImperial
Main level
4pc Bathroom
Bedroom
Bedroom
Foyer
Kitchen
Living room
Primary Bedroom
Other
Other
Basement
4pc Bathroom
Bedroom
Bedroom
Kitchen
Recreational, Games room
Storage
Furnace

Land

Lot Features
Fencing
Fence
Frontage
15.24 m
Land Depth
36.57 m
Landscape Features
Landscaped
Other Property Information
Zoning Description
R-CG
Data provided by: Pillar 9™
Stan Sandhu
Associate
587-223-7653
403-400-4343
Email
Book showing
Royal LePage METRO
35 McTavish Place NE
CALGARY, Alberta T2E7J7
403-400-0000
403-400-4343

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