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$604,900

1527 52 Street SE

Forest Lawn, Calgary, Alberta

5 bed·3 bath·Detached·MLS® A2339512·11h ago

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.

Down payment

$120,980 (20%)

Base loan amount$483,920

$2,951 / month

First payment: $2,189 interest, $762 principal