2040 47 Street Se, Calgary, Alberta

$645,000

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4

Beds

2

Baths

1,049

Square feet

0.15

Acres

About 2040 47 Street Se

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!

Features of 2040 47 Street Se

MLS® # A2182979
Price $645,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,049
Acres 0.15
Year Built 1959
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 2040 47 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2B 1L3

Amenities

Parking Spaces 5
Parking Double Garage Detached, Driveway, Oversized
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), See Remarks
Appliances Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Heating Forced Air
Cooling None
Fireplace No
Has Basement Yes
Basement Exterior Entry, Full, Suite

Exterior

Exterior Features Other
Lot Description Back Lane, Back Yard, Corner Lot
Roof Asphalt Shingle
Construction Stucco, Wood Frame, Wood Siding
Foundation Poured Concrete

Additional Information

Date Listed December 19th, 2024
Days on Market 7
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map