1527 46 Street Southeast
Forest Lawn, Calgary, Alberta T2A1N7
$578,000
Listed by TREC The Real Estate Company
MLS® A2321172
- Bedrooms
- 5
- Bathrooms
- 2
- Living area
- 976 sq ft
- Type
- House
- Built
- 1961
About this property
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:67740)
Property details
Building
| Structure | House |
|---|---|
| Property type | Single Family |
| Ownership | Freehold |
| Style | Bungalow |
| Year built | 1961 |
| Storeys | 1 |
| Construction | Wood frame |
| Foundation | Poured Concrete |
Interior
| Bedrooms above grade | 3 |
|---|---|
| Bedrooms below grade | 2 |
| Half baths | 0 |
| Above grade finished area | 976 square feet |
| Basement | Finished, Full, Separate entrance, Suite |
| Flooring | Hardwood, Laminate |
| Heating | Forced air |
| Cooling | None |
| Appliances | Washer, Refrigerator, Stove, Dryer, Window Coverings |
Lot & exterior
| Lot size | 557.00 square meters |
|---|---|
| Lot dimensions | 557.00 |
| Lot features | Back lane |
| Fencing | Fence |
| Zoning description | R-CG |
Parking
| Parking spaces | 3 |
|---|---|
| Parking | Detached Garage, Parking Pad |
Fees & taxes
| Annual property taxes | $3,265 |
|---|---|
| Tax year | 2026 |
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 10.17 Ft x 15.25 Ft |
| Kitchen | Main level | 15.92 Ft x 7.83 Ft |
| Dining room | Main level | 5.83 Ft x 7.75 Ft |
| Laundry room | Basement | 7.17 Ft x 5.92 Ft |
| Foyer | Main level | 3.67 Ft x 5.17 Ft |
| Kitchen | Basement | 15.00 Ft x 11.08 Ft |
| Living room | Basement | 12.92 Ft x 11.50 Ft |
| Primary Bedroom | Main level | 11.75 Ft x 11.50 Ft |
| Bedroom | Main level | 11.50 Ft x 7.92 Ft |
| Bedroom | Main level | 8.17 Ft x 11.58 Ft |
| Bedroom | Basement | 8.58 Ft x 14.58 Ft |
| Bedroom | Basement | 12.83 Ft x 10.58 Ft |
| 4pc Bathroom | Main level | 4.83 Ft x 7.75 Ft |
| 4pc Bathroom | Basement | 8.50 Ft x 7.92 Ft |
Location
Map location is approximate. Open larger map
Listing brokerage: TREC The Real Estate Company
Listing data last updated November 4, 2026 3:48 pm.
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