UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 906 sqft
Price per Sqft $656
Subdivision Forest Lawn
MLS® Listing ID A2204145
Style Bungalow
Bedrooms 4
Full Baths 2
Originating Board Calgary
Year Built 1959
Annual Tax Amount $2,587
Tax Year 2024
Lot Size 6,092 Sqft
Acres 0.14
Property Sub-Type Detached
Property Description
This fantastic home offers incredible income potential with a LEGAL basement suite featuring a separate entrance for privacy and convenience. Upstairs, you'll find a spacious 2-bedroom, 1-bathroom layout, while the lower level offers a fully self-contained 2-bedroom, 1-bathroom —ideal for tenants or guests. Both units share access to a laundry area, adding extra convenience for the tenants.
Enjoy the bright and welcoming sunroom, perfect for year-round relaxation, and a large, beautifully landscaped yard providing plenty of space for outdoor activities. The oversized, heated garage offers additional storage or workspace.
The potential is limitless – you can apply for a Development Permit (DP) to build a 4-plex with legal suites, offering a total of 8 units (subject to City of Calgary approval). The location is prime, just 1 block from 17 Ave, putting you in the heart of a vibrant neighborhood with close access to public transit, schools, restaurants, and shopping.
With huge growth potential and the opportunity for strong rental income, this is a fantastic buy, rent, and hold opportunity. Don't wait—secure your future development project in this prime area today!
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction N
Rooms
Basement Finished, Full, Suite
Interior
Interior Features See Remarks
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Ceramic Tile, Hardwood
Inclusions Appliances in suite
Appliance Dryer, Refrigerator, Stove(s), Washer, Window Coverings
Laundry In Basement
Exterior
Parking Features Additional Parking, See Remarks, Single Garage Detached
Garage Spaces 1.0
Garage Description Additional Parking, See Remarks, Single Garage Detached
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 49.97
Exposure N
Total Parking Spaces 4
Building
Lot Description Back Lane, Corner Lot, Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame,Wood Siding
Others
Restrictions Airspace Restriction
Tax ID 95197733
Ownership Private
Virtual Tour https://listings.quiksell.ca/sites/rxammow/unbranded
MORTGAGE CALCULATOR
MARKET SNAPSHOT
(MAR 03, 2025 - APR 02, 2025)
MARKET SNAPSHOT
REVIEWS
- I met with the realtor Ahmed Arshad through Houseful online agency. He was very polite gentleman who knows his job and in very professional manner he sold our house in three days for very good price. Later he guided us to buy a new house. And he showed us how to be careful about some missing, or bad things in the houses we looked at. It was a very exciting adventure working with Mr Ahmed Arshad and for very short time we found and bought the house were now we live in. Thankful Kiro and LidijaKiro Seremetkoski
- Definitely will recommend to those who is looking for their new home.Jeric Salazar
- Erica Salazar
Our Team
1301 8th Street SW, Calgary, AB, Canada