New Listing
1509 38 Street Se, Calgary
$550,888 - 4 Beds, 2 Baths, 905 Sf
MLS® # A2213203
eXp Realty
1516 47 Street Se, Calgary
$598,000
5 Beds
2 Baths
904 Sqft
.14 Acres
2 Garages
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.
Essential Information
MLS® #A2197631
Price$598,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage904
Acres0.14
Year Built1959
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address1516 47 Street Se
SubdivisionForest Lawn
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2A 1R4
Amenities
Parking Spaces2
ParkingDouble Garage Detached
# of Garages2
Interior
Interior FeaturesSee Remarks
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFinished, Full
Appliances
Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer
Exterior
Exterior FeaturesNone
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationBrick/Mortar
Lot Description
Landscaped, Low Maintenance Landscape, Rectangular Lot
Additional Information
ZoningR-CG
Listing Details
OfficeRoyal LePage METRO
LISTING MAP
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Real Broker
CIR Realty
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