MLS #A2321172 image #0
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
Current real estate data for Single Family in Calgary as of Jul 12, 2026
3,493
Single Family Listed
43
Avg DOM
507
Avg $ / SqFt
$858,786
Avg List Price

Property Details

Price:
$578,000
MLS #:
A2321172
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Jun 20, 2026
Finished Sq Ft:
975
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1961
GarageForest LawnFullBack Lane,rectangular Lot

Schools

Interior

Appliances
Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
Playground
Lot Features
Back Lane, Rectangular Lot
Parking Features
Parking Pad, Single Garage Detached
Parking Total
3
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

Map

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Subdivisions in Calgary

Property Summary

    Located in the Forest Lawn subdivision, 1527 46 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2A 1N7. It is listed for $578,000 and features 5 beds, 2 baths, and has approximately 975 square feet of living space, and was originally constructed in 1961. The current price per square foot is $593. The average price per square foot for Single Family listings in Calgary is $507. The average listing price for Single Family in Calgary is $858,786. To schedule a showing of MLS#a2321172 at 1527 46 Street SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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