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3
Bedrooms
2
Bathrooms
975
Sq ft
1961
Year built
$3,265
Property tax (2026)
1
Garage
5,995
Lot sq ft
$578,000
1527 46 Street SE, Calgary T2A 1N7
Forest Lawn
ActiveMLS® A2321172· 47 days on market
CalgaryListings Insight
Set in Forest Lawn, 1527 46 Street SE is a 3-bedroom home built in 1961, offering 2 bathrooms and 975 sq ft of living space above grade. This home also offers a fully finished basement with a separate entrance, a single garage, and hardwood flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2321172.

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About this property

Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail
Property Taxes
$3,265/yr (2026)

Listing Information

MLS® NumberA2321172
StatusActive
List Price$578, 000
Days on Market47 days
OccupancyVacant

Property Details

Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft975 sq ft
Year Built1961
Bedrooms3
Full Bathrooms2
Total Bathrooms2

Interior

BasementFull, Finished, Separate/Exterior Entry
FlooringHardwood, Laminate
Fireplaces0
HeatingForced Air
Air ConditioningNone

Exterior & Parking

ExteriorWood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces1
Total Parking3
Patio / DeckDeck

Site & Lot

Lot Size5, 995 sq ft
Lot Acres0.14 acres
Lot Width49.22
Lot FeaturesBack Lane, Rectangular Lot
Legal Description452GJ;9;4

Inclusions

Dryer,Electric Stove,Refrigerator,Washer,Window Coverings

Room Dimensions

Main Level
Living Room15`3" × 10`2"
Kitchen7`10" × 15`11"
Dining Room7`9" × 5`10"
Foyer5`2" × 3`8"
Bedroom - Primary11`6" × 11`9"
Bedroom11`7" × 8`2"
4pc Bathroom7`9" × 4`10"
Bedroom7`11" × 11`6"
Basement Level
Laundry5`11" × 7`2"
Kitchen11`1" × 15`0"
Living Room11`6" × 12`11"
Bedroom14`7" × 8`7"
Bedroom10`7" × 12`10"
4pc Bathroom7`11" × 8`6"

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

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