Forest Lawn, Calgary

1827 39 Street SE, Calgary, Alberta, T2B 1A2

  • A2278020
  • MLS Number
  • 5
  • Bedrooms
  • 2
  • Bathrooms
  • 1063.44
  • sqft
  • 1958
  • Year Built
Property Description
KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is ideally located just steps from International Avenue (17 Ave SE), offering excellent access to transit, restaurants, and local services. Zoned MC-1, the property presents strong rental income today with future redevelopment potential including the opportunity to build up to 8-unit complex, as on similar nearby lots.The main floor features 3 bedrooms, a full bathroom, a spacious living room area, and a functional kitchen. The legal basement suite includes 2 bedrooms, kitchen, living space, and shared laundry. With the raised bungalow design, the lower level gets great light throughout. Both upper and lower units are tenant-occupied, generating immediate income while you plan updates or future permitting. A sunny west-facing backyard and single detached garage, all just minutes from downtown and major routes. A solid buy-and-hold, income-generating property in one of Calgary’s most active investment corridors.
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Property Details
  • Property Type Detached, Residential
  • MLS Number A2278020
  • Property Size 1063.44 sqft
  • Bedrooms 5
  • Bathrooms 2
  • Garage 1
  • Year Built 1958
  • Property Status Active
  • Parking 4
  • Brokerage name RE/MAX Complete Realty
Features & Amenities

Location

Lucas Ramage
Call 403-270-7007
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