Property Attributes
- ID#A2324699
- TypeSingle Family
- Listing Status Active
- MunicipalityCalgary
- CityCalgary
- AreaForest Lawn
- NeighbourhoodForest Lawn
- Postal CodeT2B 1H4
- StyleBungalow
- Year Built1961
- Price$ 624,900
- Bedrooms3+2
- Bathrooms2
- Half Bathrooms0
- Sqr Footage958
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage.Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above released March 2026 . Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside. (id:7434)
General Features
| Features | Back lane, PVC window, No Animal Home, Level |
|---|---|
| Property Type | Single Family |
| Zoning Description | R-CG |
| CommunityName | Forest Lawn |
| Amenities | Park, Playground, Schools, Shopping |
| Building Appliances | Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer |
| Building Architectural Style | Bungalow |
| Building Basement Features | Separate entrance, Suite |
| Building Cooling Type | None |
| Parking Space Total | 1 |
| Foundation Type | Poured Concrete |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Construction Material | Wood frame |
| Construction Style Attachment | Detached |
| Flooring Type | Carpeted, Ceramic Tile, Laminate |
| Living Area Range | 958 |
| Bedrooms | 3+2 |
Exterior Features
| Land Amenities | Park, Playground, Schools, Shopping |
|---|---|
| Landscape Features | Landscaped |
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 4pc Bathroom | 8.00 Ft x 5.00 Ft | Main level | ||
| Bedroom | 11.50 Ft x 8.00 Ft | Main level | ||
| Dining room | 7.00 Ft x 6.00 Ft | Main level | ||
| Family room | 14.42 Ft x 11.67 Ft | Basement | ||
| Foyer | 4.00 Ft x 4.00 Ft | Main level | ||
| Furnace | 11.00 Ft x 7.00 Ft | Basement | ||
| Kitchen | 8.00 Ft x 8.00 Ft | Main level | ||
| Laundry room | 7.50 Ft x 3.50 Ft | Basement | ||
| Living room | 15.75 Ft x 15.25 Ft | Main level | ||
| Other | 3.00 Ft x 3.00 Ft | Main level | ||
| Pantry | 3.25 Ft x 2.58 Ft | Main level | ||
| Primary Bedroom | 11.67 Ft x 11.00 Ft | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T2B 1H4
In The Neighbourhood
Calgary
$ 499,900
- Type
- Single Family
- Size
- 974 SqFt
- Rooms
- 4 Beds + 2 Baths
Calgary
$ 529,900
- Type
- Single Family
- Size
- 977 SqFt
- Rooms
- 5 Beds + 2 Baths