LOADING

1527 46 Street Se Calgary, Alberta T2A 1N7

5 Bedroom 2 Bathroom 976 sqft
Bungalow None Forced Air

$599,900

Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail (id:59954)

Property Details

MLS® Number A2321172
Property Type Single Family
Community Name Forest Lawn
AmenitiesNearBy Park, Playground, Schools, Shopping
Features Back Lane
ParkingSpaceTotal 3
Plan 452gj
Structure Deck

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Appliances Washer, Refrigerator, Stove, Dryer, Window Coverings
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Separate Entrance, Suite
BasementType Full (finished)
ConstructedDate 1961
ConstructionMaterial Wood Frame
ConstructionStyleAttachment Detached
CoolingType None
FlooringType Hardwood, Laminate
FoundationType Poured Concrete
HeatingType Forced Air
StoriesTotal 1
SizeInterior 976 Sqft
TotalFinishedArea 975.53 Sqft
Type House

Parking

Parking Pad
Detached Garage 1

Land

Acreage No
FenceType Fence
LandAmenities Park, Playground, Schools, Shopping
SizeFrontage 15 M
SizeIrregular 557.00
SizeTotal 557 M2|4,051 - 7,250 Sqft
SizeTotalText 557 M2|4,051 - 7,250 Sqft
ZoningDescription R-cg

Rooms

LevelTypeDimensions
Basement Laundry Room 5.92 Ft x 7.17 Ft
Basement Kitchen 11.08 Ft x 15.00 Ft
Basement Living Room 11.50 Ft x 12.92 Ft
Basement Bedroom 14.58 Ft x 8.58 Ft
Basement Bedroom 10.58 Ft x 12.83 Ft
Basement 4pc Bathroom 7.92 Ft x 8.50 Ft
Main Level Living Room 15.25 Ft x 10.17 Ft
Main Level Kitchen 7.83 Ft x 15.92 Ft
Main Level Dining Room 7.75 Ft x 5.83 Ft
Main Level Foyer 5.17 Ft x 3.67 Ft
Main Level Primary Bedroom 11.50 Ft x 11.75 Ft
Main Level Bedroom 7.92 Ft x 11.50 Ft
Main Level Bedroom 11.58 Ft x 8.17 Ft
Main Level 4pc Bathroom 7.75 Ft x 4.83 Ft

https://www.realtor.ca/real-estate/29934602/1527-46-street-se-calgary-forest-lawn