$578,000
1527 46 Street SE
Forest Lawn, Calgary, Alberta
About this home
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 (id:66681)
Property details
- Bedrooms
- 5
- Bathrooms
- 2
- Half baths
- 0
- Year built
- 1961
- Property type
- Residential
- Building type
- Bungalow
- Appliances
- Washer, Refrigerator, Stove, Dryer, Window Coverings
- Parking
- Detached Garage, Parking Pad (3)
- Zoning
- R-CG
- Community
- Forest Lawn
- MLS®
- A2321172
- Days on market
- 70
Location
Listing information last updated 1mo ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.
Mortgage estimate
Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$115,600 (20%)
$2,820 / month
First payment: $2,092 interest, $728 principal