New Listing
45 Erin Grove Place Se, Calgary
$489,900 - 4 Beds, 2 Baths, 959 Sf
MLS® # A2234289
CIR Realty
2040 47 Street Se, Calgary
$590,000
4 Beds
2 Baths
1,049 Sqft
.15 Acres
2 Garages
Incredible Investment Opportunity on a Prime Corner Lot!
This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable.
Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality.
The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area.
Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside.
Essential Information
MLS® #A2233702
Price$590,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,049
Acres0.15
Year Built1959
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address2040 47 Street Se
SubdivisionForest Lawn
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2B 1L3
Amenities
Parking Spaces5
# of Garages2
Parking
Double Garage Detached, Driveway, Oversized
Interior
Interior FeaturesCeiling Fan(s), See Remarks
HeatingForced Air
CoolingNone
Has BasementYes
BasementExterior Entry, Full, Suite
Appliances
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Exterior
Exterior FeaturesOther
RoofAsphalt Shingle
FoundationPoured Concrete
Lot Description
Back Lane, Back Yard, Corner Lot
Construction
Stucco, Wood Frame, Wood Siding
Additional Information
ZoningR-CG
Listing Details
OfficeReal Broker
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