HUGE Lot | Legal Suite | Income Potential | Endless Possibilities. Welcome to this upgraded bungalow situated on a massive lot, offering outstanding affordability, redevelopment potential, and excellent income-generating opportunities. The bright and inviting main level features brand new vinyl plank flooring (2024), large sun-filled windows, and a spacious living area that flows seamlessly into the eat-in kitchen perfect for everyday living. Three well-sized bedrooms and a full bathroom w/ jetted tub, complete the upper level. Downstairs, you’ll find a charming and bright LEGAL basement suite with its own private front entrance. Finished with beautiful bamboo flooring, this very cute space includes a full kitchen, comfortable living area, bedroom, and a full bathroom. Shared laundry is conveniently located for easy access. With two separate furnaces, both levels enjoy independent climate control for added comfort and efficiency. Central A/C services the upper floor, the basement stays cool in the summer months without it. The basement is currently rented to a long-term tenant of over 20 years who would love to stay – offering immediate, stable income potential. Plenty of room in the basement for storage or to add another bedroom. Step outside to enjoy the expansive backyard – perfect for kids, pets, and entertaining. The low-maintenance, high-quality fencing provides both safety and peace of mind. An 8×10 storage shed adds extra functionality for tools and garden supplies. The oversized double garage (22×24) is insulated, heated, and equipped with 220V power ideal for a workshop or hobby space (radiant heater negotiable' workbenches excluded). The asphalt roof on the garage was done in 2019. There is also excellent RV parking and additional parking space for ultimate flexibility. Further upgrades include newer windows, central A/C, tankless hot water system, and dual furnaces serving both levels. This versatile property offers countless options live up, rent down, invest, or hold for future development. A rare opportunity with a large lot and built-in mortgage helper. Book your showing today!
Current real estate data for Single Family in Calgary as of Apr 27, 2026
2,996
Single Family Listed
42
Avg DOM
484
Avg $ / SqFt
$876,600
Avg List Price
Property Details
Price:
$579,000
MLS #:
A2304795
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Apr 24, 2026
Finished Sq Ft:
1,018
Lot Size:
6,296 sqft / 0.14 acres (approx)
Year Built:
1958
Schools
Interior
Appliances
Dishwasher, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator, Window Coverings
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement
Exterior
Exterior Features
None
Lot Features
Back Lane, Landscaped, Private
Parking Features
220 Volt Wiring, Double Garage Detached, Heated Garage, Oversized
Parking Total
4
Patio And Porch Features
Other
Roof
Asphalt Shingle, Metal
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address2021 38 Street SE Calgary AB
- SubdivisionForest Lawn
- CityCalgary
- CountyCalgary
- Zip CodeT2B 0Z5
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Property Summary
- Located in the Forest Lawn subdivision, 2021 38 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2B 0Z5. It is listed for $579,000 and features 4 beds, 2 baths, and has approximately 1,018 square feet of living space, and was originally constructed in 1958. The current price per square foot is $569. The average price per square foot for Single Family listings in Calgary is $484. The average listing price for Single Family in Calgary is $876,600. To schedule a showing of MLS#a2304795 at 2021 38 Street SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.
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2021 38 Street SE
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