$604,900
1527 52 Street SE
Forest Lawn, Calgary, Alberta
About this home
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. (id:66681)
Property details
- Bedrooms
- 5
- Bathrooms
- 3
- Half baths
- 0
- Year built
- 1967
- Property type
- Residential
- Building type
- Bungalow
- Appliances
- Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer
- Parking
- Detached Garage (2)
- Zoning
- R-CG
- Community
- Forest Lawn
- MLS®
- A2339512
- Days on market
- 1
Location
Listing information last updated 11h 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.
$120,980 (20%)
$2,951 / month
First payment: $2,189 interest, $762 principal
