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1527 46 Street SE, Calgary

Forest Lawn
ActiveMLS® A2321172· 88 days on market
$578,000
$593 per sq ft (asking)
3
Bedrooms
2
Bathrooms
975
Sq ft
1961
Year built
$3,265
Property tax (2026)
1
Garage
5,995
Lot sq ft
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 Market88 days

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"

Listing Office

TREC The Real Estate Company
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

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.

What did similar homes here actually sell for?

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What stands out about this listing

  • Time on marketOn the market 88 days. Detached homes that sold in Forest Lawn over October 2025 – September 2026 averaged 41 days.
  • Price per sq ft$593 per sq ft above grade at asking, about 11% above the $535 per sq ft median across 14 comparable active detached homes in Forest Lawn.

Worked out from this MLS® record, our published community data and the other active listings in Forest Lawn. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Where this price sits in Forest Lawn

Asking $578,000. That is about 16% above the $500,000 median sale price for detached homes in Forest Lawn over October 2025 – September 2026, across 42 recorded sales. Those sales took 41 days on the market on average. Across all home types, sellers in Forest Lawn got 96.8% of their asking price on average and the community was carrying 4.4 months of supply.

Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Forest Lawn High SchoolPublic (CBE) · Unknown · 448 m · about 1 min by carSchool website
  • Patrick Airlie SchoolPublic (CBE) · Elementary · 499 m · about 1 min by carSchool website
  • Holy Cross SchoolCatholic (CCSD) · Elementary/Junior High · 1.1 km · about 4 mins by carSchool website
  • Sir Wilfrid Laurier SchoolPublic (CBE) · Elementary/Junior High · 1.6 km · about 5 mins by carSchool website

Distances and drive times are measured from the centre of Forest Lawn, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Forest Lawn

DestinationBy carBy transit
Downtown Calgary15 mins30 mins
University of Calgary20 mins51 mins
Foothills Medical Centre19 mins1 hour 5 mins
Mount Royal University17 mins52 mins
Calgary International Airport15 mins50 mins
Westside Recreation Centre22 mins54 mins

Off-peak estimates measured from the centre of Forest Lawn, not from this address. Live traffic varies.

Who lives in Forest Lawn

  • 7,230Population
  • 2.4Average household size
  • 32%Owner-occupied households
  • $58KMedian household income
  • 17%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Forest Lawn census profile →

Questions about this home

Is 1527 46 Street SE for sale?

Yes. 1527 46 Street SE in Forest Lawn is an active MLS® listing (MLS® A2321172). It has been on the market 88 days. Listing data last updated 2026-09-17.

What is the asking price of 1527 46 Street SE?

1527 46 Street SE in Forest Lawn is listed at $578,000.

How many bedrooms and bathrooms does 1527 46 Street SE have?

1527 46 Street SE in Forest Lawn has 3 bedrooms and 2 bathrooms. The listing records 975 sq ft above grade. It is a detached house.

How does the asking price of 1527 46 Street SE compare with the Forest Lawn market?

Its $578,000 asking price is about 16% above the $500,000 median sale price for detached homes in Forest Lawn (October 2025 – September 2026, 42 sales). Medians are not adjusted for size, age or condition.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

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