Property Attributes
- ID#A2324699
- TypeSingle Family
- Listing Status Active
- CityCalgary
- AreaCAL Zone E
- NeighbourhoodForest Lawn
- Postal CodeT2B 1H4
- StyleBungalow
- Year Built1961
- Price$ 624,900
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage958
- Lot Size0.139853 Acres
Data Source:
Pillar 9 Technologies
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.
| Price History | |
|---|---|
| 6/26/2026 | Listed $674,900 |
| 7/9/2026 | 4$649,900 |
| 7/20/2026 | 4$624,900 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | None |
| Roof | Asphalt Shingle |
| Appliances | Dishwasher,Refrigerator,Stove(s),Washer/Dryer,Window Coverings |
| Zoning | R-CG |
| Number of Garage Spaces | 1 |
| Restrictions | None Known |
| Year Built | 1961 |
| Architectural Style | Bungalow |
| Community Features | Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights |
| Levels | One |
| Property Subtype | Detached |
| Transaction Type | For Sale |
| County | Calgary |
| Property Type | Residential |
| Subdivision Name | Forest Lawn |
| Parking Total | 1 |
| Construction Materials | Wood Frame |
| District | CAL Zone E |
| Full Baths | 2 |
| Status | Active |
| City | Calgary |
| Basement Development | Finished |
| Structure Type | House |
| Standard Status | Active |
| Condo Type | Not a Condo |
| Suite | Yes |
Interior Features
| Interior Features | No Animal Home,Sump Pump(s),Vinyl Windows |
|---|---|
| Basement | Full |
| Flooring | Carpet,Ceramic Tile,Laminate |
| Basement Features | Separate/Exterior Entry |
| Bedrooms Above Grade | 3 |
| Rooms Above Grade | 7 |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 861.00 |
| Below Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 2 |
| Laundry Features | Common Area,In Basement |
| Main Level Finished Area | 958.00 |
| Main Level Finished Area Metres | 89.00 |
| Main Level Finished Area SF | 958.00 |
| Main Level Finished Area Srch Sq | 958.00 |
| Main Level Areas | SquareFeet |
Exterior Features
| Exterior Features | Private Entrance,Private Yard |
|---|---|
| Lot Features | Back Lane,Few Trees,Front Yard,Landscaped,Level,Low Maintenance Landscape,Rectangular Lot,Street Lighting |
| Fencing | Fenced |
| Inclusions | n/a |
| Parking Features | Single Garage Detached |
| Frontage Length | 15.20M 49`10 |
| Foundation | Poured Concrete |
| Lot Size Acres | 0.14 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 6092 |
| Frontage Ft | 49.87 |
| Patio And Porch Features | Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- 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
$ 315,000
- Type
- Single Family
- Size
- 1,205 SqFt
- Rooms
- 3 Beds + 1.5 Baths
Calgary
$ 529,900
- Type
- Single Family
- Size
- 977 SqFt
- Rooms
- 5 Beds + 2 Baths
Calgary
$ 429,999
- Type
- Single Family
- Size
- 889 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.