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1502 40 Se Street, Calgary, Alberta T2A 1K2

Forest Lawn, Calgary, Alberta T2A 1K2

$649,900

5

Bedrooms

2

Bathrooms

940.46

Sq Ft

1958

Year Built

About This Property

Welcome to this WELL-MAINTAINED BUNGALOW situated on a large lot in a convenient SE Calgary location. Offering over 1,700 SQ. FT. OF DEVELOPED LIVING SPACE, this property features 5 BEDROOMS, 2 FULL BATHROOMS, AN ILLEGAL BASEMENT SUITE, AND A MASSIVE OVERSIZED DOUBLE DETACHED GARAGE, making it an excellent opportunity for homeowners, multi-generational families, or savvy investors. The main floor offers approximately 880 SQ. FT. ABOVE GRADE and showcases a bright and spacious living room highlighted by a cozy fireplace, a functional kitchen with ample cabinetry and dining space, a generous PRIMARY BEDROOM, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement features a SEPARATE ENTRANCE, its own kitchen, a large recreation/living area, 2 ADDITIONAL BEDROOMS, a 3-piece bathroom, laundry area, and plenty of storage space—providing excellent flexibility for extended family living or mortgage-helper potential. Recent upgrades include an UPGRADED WASHER AND DRYER and a NEWER HOT WATER TANK, offering added value and peace of mind. Additional conveniences include a CENTRAL VACUUM SYSTEM and a WHOLE-HOUSE WATER FILTRATION SYSTEM, enhancing everyday comfort and functionality. Outside, you'll appreciate the beautifully maintained yard, LARGE PRIVATE BACKYARD, expansive patio area, and an impressive OVERSIZED DOUBLE DETACHED GARAGE with approximately 597 SQ. FT. OF SPACE, perfect for vehicles, tools, hobbies, workshop use, or additional storage. Ample off-street parking further adds to the property's appeal. Ideally located close to schools, shopping, public transit, parks, playgrounds, major roadways, and downtown Calgary, this property offers the perfect blend of convenience, versatility, and income potential. Whether you're looking to live up and rent down, accommodate a growing or multi-generational family, or add a solid revenue property to your investment portfolio, this home delivers exceptional value and endless possibilities. DON'T MISS THIS INCREDIBLE OPPORTUNITY!

Essential Information

MLS®#A2323322
Price$649,900
Bedrooms5
Full Baths2
Square Footage940.46
Lot SQFT0.12
Year Built1958
Typesingle family
Sub-TypeDetached
StyleBungalow
Statusactive

Parking

ParkingDouble Garage Detached, Off Street
# of Garages4
Garage Typeattached

Exterior

Exterior FeaturesGarden, Private Yard
Lot DescriptionBack Lane, Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Standard Shaped Lot, Street Lighting, Treed
RoofShingle
FoundationBrick/Mortar
Front ExposureW

Community Information

Address1502 40 Se Street, Calgary, Alberta T2A 1K2
SubdivisionForest Lawn
CityCalgary
ProvinceAlberta
Postal CodeT2A 1K2

Interior

HeatingCentral, Mid Efficiency, Forced Air, Natural Gas
CoolingNone
BasementFull
FireplaceYes
# of Fireplaces2
Fireplace TypeWood Burning
FlooringLaminate
Interior FeaturesCeiling Fan(s), Central Vacuum, No Animal Home, No Smoking Home, See Remarks, Separate Entrance, Storage, Vinyl Windows
LaundryLaundry Room

Construction & Details

ConstructionBrick
ZoningR-CG

Inclusions

Appliances

Electric CooktopElectric OvenRange HoodRefrigeratorWasher/Dryer

Listing Details

Listing OfficeCIR Realty
Days on Market8
Data SourcePillar 9

Location

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MLS® Number: A2323322

Listing Brokerage: CIR Realty

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

Interested in this property?

CE

Conor Elder

LPT Realty

Monthly Payment Estimate

~$2,708/mo

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