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Real estate on your terms®


Property Description

Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage.Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above released March 2026 . Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
1961
Stories:
1.0
Bedrooms:
5
Bathrooms (total):
2.0
Basement:
Finished, Full, Separate entrance, Suite

Finished Areas

Interior Size (Total):
958 square feet
Above Grade:
958 square feet

Interior

Flooring:
Laminate, Carpeted, Ceramic Tile
Appliances:
Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer

Parking

Spaces:
1
Features:
Detached Garage

Lot / Land

Lot Size:
566.0 square meters
Frontage:
15.2 meters
Lot Features:
Back lane, PVC window, No Animal Home, Level

Exterior

Construction:
Wood frame
Foundation:
Poured Concrete
Fencing:
Fence

Utilities & Mechanical

Heating:
Forced air, Natural gas
Cooling:
None

Fees & Dates

Property Taxes:
$3,258
Tax Year:
2026
Last Modified:
08/16/2026 04:50:00 AM
Status Change:
08/16/2026 04:45:08 AM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Kitchen Main level 8.00 Ft x 8.00 Ft
Pantry Main level 2.58 Ft x 3.25 Ft
Living room Main level 15.25 Ft x 15.75 Ft
Dining room Main level 6.00 Ft x 7.00 Ft
Foyer Main level 4.00 Ft x 4.00 Ft
Primary Bedroom Main level 11.00 Ft x 11.67 Ft
Bedroom Main level 8.17 Ft x 11.67 Ft
Bedroom Main level 8.00 Ft x 11.50 Ft
4pc Bathroom Main level 5.00 Ft x 8.00 Ft
Other Main level 3.00 Ft x 3.00 Ft
Family room Basement 11.67 Ft x 14.42 Ft
Kitchen Basement 9.00 Ft x 10.00 Ft
Dining room Basement 5.00 Ft x 5.00 Ft
Bedroom Basement 13.83 Ft x 10.50 Ft
Bedroom Basement 9.67 Ft x 10.83 Ft
4pc Bathroom Basement 5.00 Ft x 7.50 Ft
Furnace Basement 7.00 Ft x 11.00 Ft
Laundry room Basement 3.50 Ft x 7.50 Ft

Location

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Listing offered by: Real Estate Professionals Inc.

Data is supplied by Pillar 9 MLS® System. Pillar 9 is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9.

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