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1527 46 Se Street, Calgary, Alberta T2A 1N7

Forest Lawn, Calgary, Alberta T2A 1N7

$599,900

5

Bedrooms

2

Bathrooms

975.53

Sq Ft

1961

Year Built

About This Property

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

Essential Information

MLS®#A2321172
Price$599,900
Bedrooms5
Full Baths2
Square Footage975.53
Lot SQFT0.14
Year Built1961
Typesingle family
Sub-TypeDetached
StyleBungalow
Statusactive

Parking

ParkingParking Pad, Single Garage Detached
# of Garages1
Garage Typeattached

Exterior

Exterior FeaturesPlayground
Lot DescriptionBack Lane, Rectangular Lot
RoofAsphalt Shingle
FoundationPoured Concrete
Front ExposureE

Community Information

Address1527 46 Se Street, Calgary, Alberta T2A 1N7
SubdivisionForest Lawn
CityCalgary
ProvinceAlberta
Postal CodeT2A 1N7

Interior

HeatingForced Air
CoolingNone
BasementFull
FlooringHardwood, Laminate
Interior FeaturesSeparate Entrance
LaundryIn Basement

Construction & Details

ConstructionWood Frame
ZoningR-CG

Inclusions

Appliances

DryerElectric StoveRefrigeratorWasherWindow Coverings

Listing Details

Listing OfficeTREC The Real Estate Company
Days on Market10
Data SourcePillar 9

Location

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MLS® Number: A2321172

Listing Brokerage: TREC The Real Estate Company

Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

Interested in this property?

CE

Conor Elder

LPT Realty

Monthly Payment Estimate

~$2,500/mo

Based on 20% down, 5.5% interest rate, 25-year amortization