Property Details

2040 47 Street SE
Calgary (A2233702)

$590,000
4
2
1,049 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Incredible Investment Opportunity on a Prime Corner Lot! This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable. Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality. The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area. Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside.

Property details

Basic Info

MLS® #
A2233702
Property Type:
Residential
Subtype:
Detached
Subdivision:
Forest Lawn
Price
$590,000
Sale/Lease:
For Sale
Size:
1,049 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1959 (66 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached, Driveway, Oversized
Fence:
Fenced
Basement:
Separate/Exterior Entry, Full, Suite
Features:
Ceiling Fan(s), See Remarks
Inclusions:
Basement: Refrigerator, Electric Stove, Hood Fan
Appliances:
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Laundry:
In Basement
Exterior Features:
Other
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.15 acres
Lot Features:
Back Lane, Back Yard, Corner Lot
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco,Wood Frame,Wood Siding
Floors:
Ceramic Tile, Hardwood, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
Negotiable
Days on Market:
31
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Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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