AB > Calgary > Forest Lawn
Calgary, AB T2A 1R4,1516 47 ST Southeast
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Calgary, AB T2A 1R4,1516 47 ST Southeast
Calgary, AB T2A 1R4,1516 47 ST Southeast
Calgary, AB T2A 1R4,1516 47 ST Southeast
Calgary, AB T2A 1R4,1516 47 ST Southeast
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Richard Amatokwu

Richard Amatokwu

+1(403) 669-8901
$ 598,000
Est. payment /mo
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1516 47 ST Southeast Calgary, AB T2A 1R4

5 Beds

2 Baths

904 SqFt

UPDATED:

03/07/2025 12:40 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 904 sqft

Price per Sqft $661

Subdivision Forest Lawn

MLS® Listing ID A2197631

Style Bungalow

Bedrooms 5

Full Baths 2

Year Built 1959

Lot Size 5,995 Sqft

Acres 0.14

Property Sub-Type Detached

Property 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.

Location

Province AB

County Calgary

Area Cal Zone E

Zoning R-CG

Direction W

Rooms

Basement Finished, Full

Interior

Interior Features See Remarks

Heating Forced Air, Natural Gas

Cooling None

Flooring Laminate, Linoleum

Inclusions NA

Appliance Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer

Laundry In Basement

Exterior

Exterior Feature None

Parking Features Double Garage Detached

Garage Spaces 2.0

Fence Fenced

Community Features Park, Playground, Pool, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch None

Lot Frontage 50.0

Total Parking Spaces 2

Building

Lot Description Landscaped, Low Maintenance Landscape, Rectangular Lot

Dwelling Type House

Foundation Brick/Mortar

Architectural Style Bungalow

Level or Stories One

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions None Known

Tax ID 95453220

Virtual Tour https://youriguide.com/1516_47_st_se_calgary_ab

Listed by Royal LePage METRO
agent

Richard Amatokwu

Broker Associate

+1(403) 669-8901

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1516 47 ST Southeast