2040 47 Street Se, Calgary, Alberta T2B 1L3

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$645,000

POTENTIAL, POTENTIAL, POTENTIAL! This massive corner lot is a prime investment opportunity with so much potential. This classic bungalow boasts nearly 2,000 sq ft of developed living space with a lot that’s over 50 feet wide. Located conveniently close to downtown and numerous amenities, this property offers unparalleled versatility for homeowners and investors alike.The home features a spacious main floor and a large illegal basement suite, perfect for those looking to maximize rental income. You can live upstairs while renting out the basement, or rent both units and create an opportunity to generate cash flow. The double detached garage adds further value and convenience.For developers, the potential is even greater. With proper permits, you can choose to transform this property into multi-family row housing – an ideal investment opportunity where you can choose to sell or rent the units. The huge lot and prime location make this property a rare find with significant future upside.Don't miss out on this exceptional property with so many possibilities. Whether you're looking to invest, develop, or create your dream home, this corner lot is full of opportunities! (id:55577)

Property Features

  • MLS® Number A2182979
  • Price $645,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 1049 sqft
  • Property Type: House
  • Community Name: Forest Lawn
  • Amenities Near By Park, Playground, Schools, Shopping
  • Features See Remarks, Back Lane
  • Parking Space Total 5
  • Plan 8779hp
  • Structure None

Buildings

Bathroom Total 2 Bedrooms Above Ground 3
Bedrooms Below Ground 1 Bedrooms Total 4
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo Architectural Style Bungalow
Basement Features Separate Entrance, Suite Basement Type Full
Constructed Date 1959 Construction Material Wood Frame
Construction Style Attachment Detached Cooling Type None
Exterior Finish Stucco, Wood Siding Flooring Type Ceramic Tile, Hardwood, Linoleum
Foundation Type Poured Concrete Heating Type Forced Air
Stories Total 1 Size Interior 1049 Sqft
Total Finished Area 1049 Sqft Type House

Parking

Detached Garage 2
Oversize

Land

Acreage No Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping Size Depth 36.61 M
Size Frontage 16.46 M Size Irregular 614.00
Size Total 614 M2|4,051 - 7,250 Sqft Size Total Text 614 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Basement Kitchen 17.75 Ft x 10.00 Ft
Basement Living Room 14.92 Ft x 12.75 Ft
Basement Laundry Room 10.33 Ft x 8.50 Ft
Basement Bedroom 16.75 Ft x 10.33 Ft
Basement 4pc Bathroom 8.42 Ft x 7.33 Ft
Main Level Kitchen 17.50 Ft x 11.17 Ft
Main Level Dining Room 9.67 Ft x 8.58 Ft
Main Level Living Room 13.50 Ft x 12.33 Ft
Main Level Bedroom 14.00 Ft x 9.92 Ft
Main Level Bedroom 10.75 Ft x 8.00 Ft
Main Level Bedroom 10.25 Ft x 8.67 Ft
Main Level 4pc Bathroom 6.83 Ft x 4.92 Ft

Agents and Offices

  • Dusko Sremac
  • Tim Murfin
  • Office: Real Broker

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