CalgaryListings Insight Located in the community of Forest Lawn, 1527 52 Street SE is a 3-bedroom home with 3 bathrooms, built in 1967, offering 1,187 sq ft of living space above grade. This home also offers a fully finished basement with a separate entrance and a double garage. 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® A2339512.
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Opportunity knocks in Forest Lawn! This EXTENSIVELY RENOVATED bungalow sits on a massive 50' x 127' R-CG LOT — offering exceptional REDEVELOPMENT POTENTIAL alongside a fantastic income-generating opportunity today. The home features a FULLY LEGAL BASEMENT SUITE with its own SEPARATE WALK-UP ENTRANCE, plus additional basement access from the back, making it ideal for rental income, extended family, or multi-generational living.
The main level offers a bright, functional layout with an expansive living room, a large primary bedroom with a 2-piece ENSUITE, two additional oversized bedrooms sharing a 4-piece bathroom, and a dedicated main-floor laundry and storage room. Vinyl flooring runs throughout for a clean, modern look. Downstairs, the LEGAL SUITE includes a comfortable living area, two good-sized bedrooms, and a full 4-piece bathroom and separate laundry — bringing the home to a total of 5 BEDROOMS and 2.5 BATHROOMS. Outside, a BRAND NEW DOUBLE GARAGE adds even more value and convenience.
Whether you're an investor after strong rental returns, a multi-generational family, or a buyer eyeing long-term development potential on this generous R-CG lot, this Forest Lawn bungalow checks every box. Don't miss this rare combination of size, upgrades, and income potential.
This property has been listed 2 times before — see each asking price, what happened, and any sold prices.
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