$625,000

House For Sale In Forest Lawn, Calgary, Alberta

$625,000
  • 5

    Bedrooms

  • 2

    Baths

  • 586.30 Square Metres

    Lot Size

Property Information:

KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is ideally located just steps from International Avenue (17 Ave SE), offering excellent access to transit, restaurants, and local services. Zoned MC-1, the property presents strong rental income today with future redevelopment potential including the opportunity to build up to 8-unit complex, as on similar nearby lots.The main floor features 3 bedrooms, a full bathroom, a spacious living room area, and a functional kitchen. The legal basement suite includes 2 bedrooms, kitchen, living space, and shared laundry. With the raised bungalow design, the lower level gets great light throughout. Both upper and lower units are tenant-occupied, generating immediate income while you plan updates or future permitting. A sunny west-facing backyard and single detached garage, all just minutes from downtown and major routes. A solid buy-and-hold, income-generating property in one of Calgary’s most active investment corridors. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Material: Wood frame
  • Construction Style - Attachment: Detached
  • Floor Space: 1063 sqft
  • Flooring Type: Ceramic Tile, Hardwood, Laminate
  • Foundation Type: Poured Concrete
  • Total Finished Area: 1063.44 sqft
  • Heating Type: Forced air
  • Cooling Type: None
  • Appliances: Refrigerator, Dishwasher, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Amenities Nearby: Park, Schools
  • Built in: 1958
  • Features: PVC window
  • Fence Type: Fence
  • Floor Space (approx): 1063 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 38.42 Metre
  • Lot Frontage: 15.26 Metre
  • Lot Size: 586.30 Square Metres
  • Zoning: M-C1
  • Parking Type: Parking pad, Detached garage
  • No. of Parking Spaces: 4

Rooms:

  • Living Basement Level 13.33 Ft x 19.08 Ft
  • Kitchen Basement Level 13.00 Ft x 9.92 Ft
  • Bedroom Basement Level 13.00 Ft x 13.08 Ft
  • Bedroom Basement Level 13.00 Ft x 7.67 Ft
  • Bathroom Basement Level 6.42 Ft x 5.08 Ft
  • Living Main Level 13.33 Ft x 19.67 Ft
  • Kitchen Main Level 10.25 Ft x 14.50 Ft
  • Bedroom Main Level 10.25 Ft x 10.25 Ft
  • Bedroom Main Level 10.25 Ft x 11.92 Ft
  • Primary Bedroom Main Level 11.33 Ft x 13.17 Ft
  • Bathroom Main Level 5.00 Ft x 5.67 Ft
  • Living Main Level 13.33 Ft x 19.67 Ft

Courtesy of: RE/MAX Complete Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.