MLS #A2358363 image #0
A rare opportunity to own a legal suited property in southwest Calgary, ideally located right beside the CTrain station for convenient access and strong tenant appeal. Approximately $20,000 has been invested in this property since 2023. This bungalow offers two distinct living areas, three bedrooms upstairs and a legal two-bedroom basement legal suite, creating excellent income potential with the option to rent both units or live in one and rent the other. Upstairs, laminate flooring, fresh paint in 2026, and a wood-burning fireplace make the main living area welcoming and comfortable. The kitchen features a pantry, stainless steel refrigerator, 4-year-old stainless steel stove, and a brand-new, never-used stainless steel dishwasher. There are three bedrooms on the main floor, including a spacious primary bedroom with laminate flooring, an updated window, and an ensuite bathroom with tile flooring and a shower. The front window was replaced in 2023, and over $11,000 was invested in windows throughout the house; these windows have a warranty. The exterior of the house was painted in 2023. The legal basement suite has a separate side entrance, its own kitchen, and a bright living and dining area with laminate flooring. A large, newly added living room window brings in extra light. Two oversized bedrooms offer comfortable space, one with a walk-in closet and both with laminate flooring, and the full bathroom has a tub and shower. Shared laundry is in the downstairs common area, with a washer less than one year old and a one-year-old dryer. The partially fenced backyard includes a parking pad with two spaces on the property and a large shed. No Poly-B piping or aluminum wiring. Set in Shawnessy, close to Shawnessy Towne Centre, schools, parks, and recreation, this is a rare chance to secure a transit-connected southwest Calgary property with two rentable living areas and versatile investment potential.
Current real estate data for Single Family in Calgary as of Nov 15, 2026
3,272
Single Family Listed
53
Avg DOM
489
Avg $ / SqFt
$874,915
Avg List Price

Property Details

Price:
$590,000
MLS #:
A2358363
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Detached
Subdivision:
Shawnessy
Listed Date:
Nov 13, 2026
Finished Sq Ft:
1,138
Lot Size:
4,197 sqft / 0.10 acres (approx)
Year Built:
1980
ShawnessyFullBack Lane,back Yard,corner Lot,front Yard,landscaped,lawn,street Lighting

Schools

Interior

Appliances
See Remarks
Basement
Full
Bathrooms Full
3
Laundry Features
Common Area, In Basement

Exterior

Exterior Features
Private Entrance, Storage
Lot Features
Back Lane, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Street Lighting
Outbuildings
Shed
Parking Features
Alley Access, Off Street, Parking Pad, Rear Drive, Side By Side
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Shawnessy subdivision, 48 Shawmeadows Gate SW Calgary AB is a Single Family for sale in Calgary, AB, T2Y 1A3. It is listed for $590,000 and features 5 beds, 3 baths, and has approximately 1,138 square feet of living space, and was originally constructed in 1980. The current price per square foot is $518. The average price per square foot for Single Family listings in Calgary is $489. The average listing price for Single Family in Calgary is $874,915. To schedule a showing of MLS#a2358363 at 48 Shawmeadows Gate SW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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