MLS #A2302076 image #0
MC-1 ZONED | FULL-SIZE LOT | SUITED BUNGALOW | PRIME REDEVELOPMENT OPPORTUNITY Exceptional opportunity in the heart of Forest Lawn for builders, investors, and forward-thinking buyers. Located at 1823 38 Street SE, this full-size lot is already zoned MC-1, offering outstanding redevelopment potential in one of Calgary’s rapidly evolving inner-city corridors with strong nearby infill and revitalization activity. Buyers are encouraged to verify future land-use and development possibilities directly with the City of Calgary.

The existing bungalow provides immediate holding income or multi-generational living options while you plan your next project. The main floor features 3 bedrooms, 1 bathroom, separate laundry, a bright dining area, and a spacious living room filled with natural light. The lower level offers a self-contained 2 bedroom, 2 bathroom suited basement, creating flexible rental or extended family living potential.

Outside, enjoy a fully fenced backyard and a double detached garage complete with a newer heater, adding functionality and tenant appeal.

Ideally positioned just minutes from 17 Avenue SE / International Avenue, with quick access to transit, shopping, restaurants, schools, and major commuter routes including Deerfoot Trail. Whether you&#39're looking to hold, rent, renovate, or redevelop, this is a rare chance to secure an income-producing property with long-term upside in a high-growth location.
Current real estate data for Single Family in Calgary as of May 10, 2026
3,239
Single Family Listed
39
Avg DOM
488
Avg $ / SqFt
$877,011
Avg List Price

Property Details

Price:
$535,000
MLS #:
A2302076
Status:
Pending
Beds:
6
Baths:
3
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Apr 16, 2026
Finished Sq Ft:
984
Lot Size:
5,941 sqft / 0.14 acres (approx)
Year Built:
1963
Forest LawnFullBack Lane,city Lot,garden,yard Lights

Schools

Interior

Appliances
Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Basement
Full
Bathrooms Full
3
Laundry Features
Lower Level, Main Level, Multiple Locations

Exterior

Exterior Features
BBQ gas line, Garden
Lot Features
Back Lane, City Lot, Garden, Yard Lights
Parking Features
Double Garage Detached, Heated Garage, Oversized
Parking Total
4
Patio And Porch Features
Front Porch, See Remarks
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Forest Lawn subdivision, 1823 38 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2B 0Z4. It is listed for $535,000 and features 6 beds, 3 baths, and has approximately 984 square feet of living space, and was originally constructed in 1963. The current price per square foot is $544. The average price per square foot for Single Family listings in Calgary is $488. The average listing price for Single Family in Calgary is $877,011. To schedule a showing of MLS#a2302076 at 1823 38 Street SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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