MLS #A2292320 image #0
Welcome to this upgraded bungalow on a quiet street in Forest Lawn, offering flexibility, modern updates, and excellent income potential. The bright main level features natural hardwood flooring, large windows bringing in plenty of natural light, and an inviting living area that flows into bright updated, eat-in kitchen with shaker cabinetry, tile backsplash, and stainless chimney-style hood fan. Two bedrooms and a full bathroom with vessel-sink vanity complete the upper level. ***JV OPPORTUNITY***

The legal, registered basement suite provides additional 797 sq ft living space with its own kitchen, living and dining area, 2 bedrooms, and full bathroom with jetted tub!—ideal for extended family or rental opportunities. A separate entrance offers privacy and convenience between levels.

Major upgrades include roof (2018), windows (2018), attic insulation (2018), new wiring (2021), furnace (2022), hot water tank (2022), and central A/C (2022), offering comfort and efficiency for years to come.

Step outside to a backyard designed for relaxing and entertaining—a true private oasis featuring a deck-area BBQ station and hot tub wiring already in place. The heated oversized double garage with 220V power creates an excellent workspace, while the 40-ft RV parking pad with 50-amp plug and large concrete parking area provide exceptional flexibility.

This versatile property has served as a personal residence, Airbnb, and furnished rental, demonstrating its adaptability for a variety of living or income strategies. Located near International Avenue shopping, parks, schools, transit routes, and major road connections.
Current real estate data for Single Family in Calgary as of Jul 31, 2026
3,580
Single Family Listed
46
Avg DOM
488
Avg $ / SqFt
$858,561
Avg List Price

Property Details

Price:
$575,000
MLS #:
A2292320
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Mar 11, 2026
Finished Sq Ft:
912
Lot Size:
6,296 sqft / 0.14 acres (approx)
Year Built:
1957
Forest LawnFullBack Lane,back Yard,level,rectangular Lot

Schools

Interior

Appliances
Central Air Conditioner, Dishwasher, Garage Control(s), Microwave, Refrigerator, Stove(s), Tankless Water Heater, Window Coverings
Basement
Full
Bathrooms Full
2
Laundry Features
Common Area, In Basement

Exterior

Exterior Features
Lighting, Rain Gutters
Lot Features
Back Lane, Back Yard, Level, Rectangular Lot
Parking Features
Double Garage Detached, Off Street, Parking Pad, RV Gated
Parking Total
6
Patio And Porch Features
Deck, Front Porch
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Forest Lawn subdivision, 1509 38 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2A 1G7. It is listed for $575,000 and features 4 beds, 2 baths, and has approximately 912 square feet of living space, and was originally constructed in 1957. The current price per square foot is $630. The average price per square foot for Single Family listings in Calgary is $488. The average listing price for Single Family in Calgary is $858,561. To schedule a showing of MLS#a2292320 at 1509 38 Street SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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