CalgaryListings Insight Welcome to 5116 Forego Avenue — a 3-bedroom home built in 1965, featuring 2 bathrooms in the community of Forest Heights, with 1,039 sq ft of living space above grade. Standout details include a fully finished basement with a separate entrance 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® A2353235.
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Excellent opportunity for a first-time buyer or investor! This 3-bedroom bungalow offers a fully finished 2-bedroom basement suite (illegal) with a separate entrance, providing excellent flexibility and income potential.
The main level welcomes you with a bright and spacious living room, while the kitchen features white cabinetry, matching appliances, and an extended eating ledge that opens to the dining area. The primary bedroom, two additional good-sized bedrooms, and a full bathroom complete the main floor.
A separate side entrance leads to the fully developed basement, featuring a den, large living room, second kitchen with granite countertops, stainless steel appliances and pantry, two bedrooms, and a 4-piece bathroom.
The home also offers separate laundry, a tankless water heater, roughed-in Vacuflo, and in-floor heating. Additional updates include a roof replaced in 2013 and furnace replaced in 2012.
Conveniently located close to schools, parks, shopping, and public transit, this property offers plenty of potential for homeowners and investors alike.
Don’t miss your opportunity to view this versatile property!
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.
Property History
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5116 Forego Avenue has been listed 1 time before — see each asking price, what happened, and any sold prices.
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What did similar homes here actually sell for?
Calgary Listings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.
Time on marketOn the market 13 days. Detached homes that sold in Forest Heights over October 2025 – September 2026 averaged 34 days.
Worked out from this MLS® record, our published community data and the other active listings in Forest Heights. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.
Where this price sits in Forest Heights
Asking $476,500. That is about 2% below the $485,250 median sale price for detached homes in Forest Heights over October 2025 – September 2026, across 34 recorded sales. Those sales took 34 days on the market on average. Across all home types, sellers in Forest Heights got 94.4% of their asking price on average and the community was carrying 3.7 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
Keeler SchoolPublic (CBE) · Elementary · 153 m · about 1 min by carSchool website
Forest Lawn High SchoolPublic (CBE) · Unknown · 761 m · about 2 mins by carSchool website
St. Peter SchoolCatholic (CCSD) · Elementary · 1.3 km · about 4 mins by carSchool website
Sir Wilfrid Laurier SchoolPublic (CBE) · Elementary/Junior High · 1.6 km · about 6 mins by carSchool website
Distances and drive times are measured from the centre of Forest Heights, 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 Heights
Destination
By car
By transit
Downtown Calgary
15 mins
41 mins
University of Calgary
21 mins
58 mins
Foothills Medical Centre
20 mins
1 hour 3 mins
Mount Royal University
20 mins
59 mins
Calgary International Airport
16 mins
50 mins
Westside Recreation Centre
25 mins
1 hour 1 min
Off-peak estimates measured from the centre of Forest Heights, not from this address. Live traffic varies.
Who lives in Forest Heights
5,985Population
2.9Average household size
66%Owner-occupied households
$79KMedian household income
18%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 Heights census profile →
Questions about this home
Is 5116 Forego Avenue for sale?
Yes. 5116 Forego Avenue in Forest Heights is an active MLS® listing (MLS® A2353235). It has been on the market 13 days. Listing data last updated 2026-10-31.
What is the asking price of 5116 Forego Avenue?
5116 Forego Avenue in Forest Heights is listed at $476,500.
How many bedrooms and bathrooms does 5116 Forego Avenue have?
5116 Forego Avenue in Forest Heights has 3 bedrooms and 2 bathrooms. The listing records 1,039 sq ft above grade. It is a detached house.
How does the asking price of 5116 Forego Avenue compare with the Forest Heights market?
Its $476,500 asking price is about 2% below the $485,250 median sale price for detached homes in Forest Heights (October 2025 – September 2026, 34 sales). Medians are not adjusted for size, age or condition.
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