Looking for move-in ready with room to grow and the potential for rental income? This beautifully renovated bungalow in SE Calgary checks every box—with a fully finished legal suite, an oversized heated garage, and an expansive 50’ x 126’ M-CG zoned lot offering flexibility for multi-generational living, future development, or smart investing.
Highlights You’ll Love:
Complete Renovation: Thoughtfully upgraded throughout with newer windows (all but two in the basement), new doors, tankless hot water, high-efficiency furnace, central air conditioning, upgraded electrical, and a newer roof (35-year shingles on the house, 25-year on the garage).
Spacious Main Floor: Featuring a 225 sq ft primary bedroom, a second bedroom, renovated full bath, and a bright, open kitchen with upgraded stainless steel appliances—ideal for everyday living and entertaining.
Versatile Basement: Includes a legal suite (Currently listed on AirBnB for long-term rental) complete with two generously sized bedrooms, a large rec/living area, 220 wiring, and plenty of flexibility for guests, extended family, or rental income.
Outdoor Space That Stands Out: The fully fenced, low-maintenance yard includes a concrete RV pad with 30amp hookup, a pergola (included), and plenty of space to relax, garden, or gather with friends.
Incredible Garage: A true mechanic’s dream—oversized 25’ x 22’, fully heated, and ready to handle your hobbies or projects.
Location Perks: Walk to schools, transit, and shops. Quick access to downtown means less time commuting and more time enjoying your home.
This is the kind of property that doesn’t come along often—upgraded, low-maintenance, and full of potential. Whether you’re starting your next chapter or investing in your future, this home is ready for you.
Call your favourite Realtor to book your showing today—you won’t want to miss it!
Highlights You’ll Love:
Complete Renovation: Thoughtfully upgraded throughout with newer windows (all but two in the basement), new doors, tankless hot water, high-efficiency furnace, central air conditioning, upgraded electrical, and a newer roof (35-year shingles on the house, 25-year on the garage).
Spacious Main Floor: Featuring a 225 sq ft primary bedroom, a second bedroom, renovated full bath, and a bright, open kitchen with upgraded stainless steel appliances—ideal for everyday living and entertaining.
Versatile Basement: Includes a legal suite (Currently listed on AirBnB for long-term rental) complete with two generously sized bedrooms, a large rec/living area, 220 wiring, and plenty of flexibility for guests, extended family, or rental income.
Outdoor Space That Stands Out: The fully fenced, low-maintenance yard includes a concrete RV pad with 30amp hookup, a pergola (included), and plenty of space to relax, garden, or gather with friends.
Incredible Garage: A true mechanic’s dream—oversized 25’ x 22’, fully heated, and ready to handle your hobbies or projects.
Location Perks: Walk to schools, transit, and shops. Quick access to downtown means less time commuting and more time enjoying your home.
This is the kind of property that doesn’t come along often—upgraded, low-maintenance, and full of potential. Whether you’re starting your next chapter or investing in your future, this home is ready for you.
Call your favourite Realtor to book your showing today—you won’t want to miss it!
Property Details
Price:
$650,000
MLS #:
A2213203
Status:
Active
Beds:
4
Baths:
2
Address:
1509 38 Street SE
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
City:
Calgary
Listed Date:
Apr 24, 2025
Province:
AB
Finished Sq Ft:
904
Postal Code:
217
Lot Size:
6,286 sqft / 0.14 acres (approx)
Year Built:
1957
Schools
Interior
Appliances
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Gas Water Heater, Range Hood, Refrigerator, Tankless Water Heater, Washer
Basement
Separate/ Exterior Entry, Full, Suite
Bathrooms Full
2
Laundry Features
In Basement
Exterior
Exterior Features
Private Yard, R V Hookup
Lot Features
Back Lane, Back Yard, City Lot, Front Yard, Gazebo, Level, Low Maintenance Landscape
Parking Features
Double Garage Detached, Off Street, R V Access/ Parking
Parking Total
4
Patio And Porch Features
Front Porch
Roof
Asphalt Shingle
Financial
Map
Contact Us
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1509 38 Street SE
Calgary, AB
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