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KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is ideally located just steps from International Avenue (17 Ave SE), offering excellent access to transit, restaurants, and local services. Zoned MC-1, the property presents strong rental income today with future redevelopment potential including the opportunity to build up to 8-unit complex, as on similar nearby lots.The main floor features 3 bedrooms, a full bathroom, a spacious living room area, and a functional kitchen. The legal basement suite includes 2 bedrooms, kitchen, living space, and shared laundry. With the raised bungalow design, the lower level gets great light throughout. Both upper and lower units are tenant-occupied, generating immediate income while you plan updates or future permitting. A sunny west-facing backyard and single detached garage, all just minutes from downtown and major routes. A solid buy-and-hold, income-generating property in one of Calgary's most active investment corridors.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 1/24/2026 |
|---|---|---|---|
| TRACT | Forest Lawn | YEAR BUILT | 1958 |
| GARAGE SPACES | 1.0 | COUNTY | Calgary |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Electric Range, Refrigerator, Washer/Dryer |
| BASEMENT | Exterior Entry, Finished, Full, Yes |
| CONSTRUCTION | Frame |
| EXTERIOR | None, Other |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Landscaped |
| PARKING | Garage |
| STYLE | Bungalow |
| SUBDIVISION | Forest Lawn |
| TAXES | 3420 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with RE/MAX Complete Realty
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Data last updated 4/18/26 5:23 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
