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Investors and savvy buyers—this is a rare inner-city opportunity with M-C1 zoning, offering long-term redevelopment potential (multi-residential density, up to 4 storeys, subject to city approval). Pair that with an existing legal up/down suite, and you’ve got the best of both worlds: income today + upside tomorrow.
This beautifully maintained bungalow features 2 bedrooms and a 4-piece bath on the main level, plus a legal 1-bedroom basement suite with a 3-piece bath—ideal for investors, multi-generational living, downsizers, or owner-occupants wanting a reliable mortgage helper.
The main floor has been tastefully refreshed with warm vinyl plank flooring, fresh paint and trim, and refurbished kitchen cabinets, creating a bright and welcoming space. Downstairs, the fully finished legal suite offers excellent flexibility for rental income or extended family.
Outside, you’ll appreciate the large, level lot with extra rear/side parking (perfect for a boat or small RV), plus a double garage off the back lane for secure parking and storage. Added bonus: a new roof on both the house and garage (2024) for peace of mind.
Centrally located close to Deerfoot Tr, shopping, schools, and public transit make this home perfect for any family at any stage of life. Whether you’re building your portfolio, planning future redevelopment, or looking for a home that helps pay for itself, this one checks all the boxes.More details
Opportunity knocks again in Forest Lawn with this exceptionally spacious bungalow, complete with a fully LEGAL basement suite and located on a generous 50' x 127' R-CG lot—zoned R-CG even before the city’s blanket rezoning initiative. This property offers a rare combination of size, upgraded features, income potential, and long-term redevelopment value. BASEMENT ACCESS FROM THE BACK AND THERE IS A SEPARATE ENTRANCE FOR THE BASEMENT IN THE FRONT OF THE HOME AS WELL!
The main level welcomes you with an expansive living room that provides plenty of space for relaxation and entertaining. The large primary bedroom includes a convenient 2-piece ensuite, while two additional oversized bedrooms share a well-maintained 4-piece bathroom. The layout is bright and functional, with vinyl flooring throughout for a clean, modern look. A dedicated storage room on the main floor adds even more practicality to the space.
A separate walk-up entrance leads to the LEGAL basement suite, making it ideal for rental income, extended family, or multi-generational living. The lower level features a comfortable living area, two good-sized bedrooms, and a full 4-piece bathroom—bringing the home to a total of 5 bedrooms and 2.5 bathrooms. A shared laundry room is easily accessible to both upper and lower occupants when tenanted.
The home has seen continuous care and thoughtful upgrades over recent years, including a new roof, new vinyl-framed windows, new vinyl flooring in the legal basement suite, and updated flooring throughout the entire home. These improvements enhance comfort, efficiency, and durability, allowing the next owner to simply move in or start renting right away.
Whether you're searching for a home to live in while generating rental income, a fully rentable property with strong returns, or a strategic holding asset with redevelopment potential, this property checks every box. The large R-CG lot provides excellent future flexibility for building and development options.
Move-in ready, well-updated, and loaded with opportunity, this Forest Lawn bungalow offers outstanding value for homeowners and investors alike. Don’t miss your chance to secure this versatile property with endless possibilities.More details
Investors and Developers! This oversized RCG corner lot offers 585 m² / 6,297 ft² (50 x 126) of central Calgary opportunity with exceptional access to transit and amenities. Located less than two blocks from the revitalized International Avenue (17 Avenue SE), this site is a short walk to multiple bus stops and the 17 Avenue SE MAX Purple BRT corridor, providing direct, high-frequency service to downtown and East Hills. The flat, mostly cleared site makes future construction straightforward while the existing home with two serviceable suites, including an illegal basement suite, provides solid holding income while you work through planning, design, and permitting. Positioned just off the main corridors, the property benefits from quieter residential surroundings while still being near schools, green spaces, and the full range of shops, services, and restaurants along International Avenue. This is an excellent candidate for a small-scale multi-family redevelopment that capitalizes on strong transit connectivity and an established, amenity rich corridor. Do not miss this outstanding opportunity - contact today for full details!More details
INVESTER/DEVELOPER ALERT!!! Outstanding redevelopment opportunity at a compelling price. Prime corner lot on a solid street with strong upside. Existing structure is boarded up and sold "as-is". Ideal for investors or developers looking for their next project.More details
Welcome to a home that quietly overdelivers on value, versatility, and everyday ease—an exceptional opportunity for first-time buyers, savvy investors, or anyone looking to offset costs with a fully independent illegal basement suite.
This inviting bungalow offers a well-balanced and highly functional layout, featuring three bedrooms on the main level and two additional bedrooms below, creating flexible living options for extended family, guests, or more. The home has been thoughtfully refreshed and well cared for over time, presenting clean, modern finishes and a move-in-ready feel that simply invites you to imagine life here.
Set on a generous, fully fenced lot exceeding 6,000 sq. ft., the outdoor space is as appealing as the interior—perfect for entertaining, kids and pets, gardening, or simply enjoying your own private retreat. Ample parking adds to the home’s everyday practicality.
Location is where this property truly shines. Nestled in one of Calgary’s most connected and amenity-rich communities, you’re minutes from schools, transit with easy downtown and LRT access, shopping, services, parks, recreation facilities, the local pool, and library. Everything that supports a convenient, family-focused lifestyle is right at your fingertips.
Homes that combine space, flexibility, income potential, and location at this price point are becoming increasingly rare. This is one of those properties that makes people pause—and then rush to see it in person.
Move-in ready. Full of possibility. Easy to fall for. Call your favorite agent today.More details
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.More details
Attention all investors, opportunity knocks with this R-CG zoned bungalow on a full lot, offering excellent redevelopment potential or steady rental income. The main level features 3 bedrooms and 1 bathroom. While the basement offers a separate entrance with 1 bedroom, a den, and a full bathroom – perfect for extended family living or generating additional rental income. Located in a high-demand rental area, close to schools, parks, shopping, and public transit. R-CG zoning provides flexibility for future multi-unit development. Whether you’re looking to buy-and-hold, renovate, or redevelop, this property is a smart addition to your portfolio. Contact today to schedule a showing!More details
50 by 127 R-CG CORNER LOT / FACING FOREST LAWN ATHLETIC PARK / DEVELOPMENT OPPURTUNITY - 4 PLEX WITH LEGAL SUITE. Whether you are an investor, developer or looking for a house to live, this property is perfect match for everyone. Conveniently located across the street of Bob Bahan Aquatic centre and multiple schools nearby, it is unbeatable location. Easy access to 17 avenue and downtown makes this place more attractive to live or invest. This well maintained bungalow offers big living area, 3 bedrooms, 1 Bathroom upstairs and a fully developed basement with 1 bedroom, 1 bathroom and rec space. Hot water tank and furnace are recently updated. Extended double garage and driveway offers more parking spaces. This lot is zoned R-CG so, you can build 4-plex with 4 legal suites in each unit ( subject to city approval). This property has lot of potential, so book your showing today to make it yours!More details
This well-proportioned bungalow offers a practical and inviting layout with a spacious living room, dedicated dining area, kitchen with a breakfast nook, three bedrooms on the main floor, and a four-piece bathroom. Set on a generously sized lot, the property also features a double detached garage with lane access, providing excellent parking and storage options. The basement includes some recent renovations and offers additional space with plenty of opportunity to tailor it to your needs. Conveniently located close to schools, shopping, playgrounds, and transit, this home represents a solid option for first-time buyers, investors, or anyone looking for a property with strong long-term potential.More details
Welcome home to a renovated BUNGALOW with a 3br/1bath MAIN Suite and a 2br/1bath LEGAL Basement Suite. The Main Suite is FULLY RENOVATED with everything brand new. The Main Suite features an open Living/Dining Room with a bay window and a wood-burning fireplace with beautiful tile work around, a Kitchen, a large all-season Family Room/Sun Room (with a fireplace) , 3 Bedrooms, a 4-Pc Full Bathroom, and Laundry. The LEGAL Basement suite (Ticket Number 7105) offers a huge Rec/Living room, 100% Brand new Kitchen including the appliances and lighting, Bar, 2 Bedrooms, a 4-Pc Bathroom, and Laundry in the utility room. Other Basement Updates- It is freshly painted, and the flooring and Baseboards are brand new. The ROOF was changed 5 years ago, and the Hot Water Tank of the house is brand new. There is an oversized heated Double Detached Garage in the back with alley access. There is also a parking space for 3 vehicles on the Front driveway. The house is ideally located close to all amenities, downtown, schools, parks/playgrounds, and transit. The LOT the house is sitting on is huge and has future potential for building 4 Townhouses. Contact your favorite Realtor today and book a viewing.More details
GREAT CASH FLOW POTENTIAL with a LEGAL SUITE - City of Calgary Registered SECONDARY SUITE ... Main Floor 3 Bedroom Suite - and Lower Level 2 Bedroom Legal Suite - $400 Double Garage (Currently Rented) ... Here is an Opportunity to Live Up and Rent Down with Income from the Lower Suite and the Garage ... This is a Great MORTGAGE HELPER to Get You Started in Home Ownership ... MANY UPGRADES FEATURED THROUGHOUT Including : Newer Flooring and Paint - Newer Windows - Large Egress Basement Windows, Front & Rear Decks, Energy Efficient Lighting, Upgrades Attic Insulation, Smoke Detectors and More ... Fully Fenced Private West Facing Back Yard ... Double Garage with 9" Door and an Extra Parking Pad ... Great Location Close to School and Bus with Only 3 Blocks to International Avenue and Marlborough Mall Close By ... BONUS - New Sewer Line Just Replaced from the House to the Street at a Cost of $12,000More details
INVESTOR ALERT, 3 LEASES, 5 GARAGE SPACES, some are tandom, , EXCELLENT REVENUE, ALL TENANTS ARE ESTABLISHED AND WANT TO STAY. Don't wait. This is a rare type of property. If you like to work on cars or workshop, and want the garages for yourself and rent the house, or keep it the way it is. ZONING R-C2, PERFECT HOLDING PROPERTY. (R-CG zoning in Calgary allows for a variety of housing types, including rowhouses and duplexes, promoting more diverse and efficient land use in residential areas) The main floor has been updated, with granite counters, maple cabinets, hard wood flooring. Bath has been updated, clean and neat tenant. Everyone is month to month if you chose to move in. needs 24 hrs notice.More details
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