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    2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521

    2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521

    Begin your search of East Calgary homes for sale listed on the MLS® below! The East is home to just 14 communities, making it the smallest district in Calgary. It's also one of the most affordable to live in, with house and condo / townhome prices averaging less than all other districts.

    To learn more about East Calgary real estate or to schedule a private showing of a listing below, contact an experienced Realtor® with RE/MAX House of Real Estate today!

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    2040 47 Street SE
    Forest Lawn Calgary T2B 1L3

    $615,000
    Residential beds: 4 baths: 2.0 1,054 sq. ft. built: 1959

    Main Photo: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
    Photo 1: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
    Photo 2: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
    Photo 3: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
    Photo 4: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
    Photo 5: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
    Photo 6: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
    Photo 7: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2209521
    Bedrooms:
    4
    Bathrooms:
    2
    Year Built:
    1959
    Seize a remarkable opportunity in Forest Lawn with this strategically positioned corner lot bungalow, offering an impressive 2,000 square feet of living space on a substantial 54' x 120' R-CG zoned lot. This versatile property, one of the most affordable corner lots in the area, features a well-designed main floor with 3 bedrooms and a separate-entrance basement unit, generating potential rental income of $1,300 a month. Located just two blocks from vibrant International Avenue,, with schools, playgrounds, and grocery stores within walking distance, this property stands out with its ability to accommodate up to six vehicles in off-street parking. The R-CG zoning opens doors to multiple possibilities - perfect for first-time buyers seeking an affordable entry into homeownership, investors looking to maximize rental income (Potential of $$1800 for main floor and $1300 for the basement), or developers interested in multi-family row housing conversion (with proper permits). The property's strategic location, only 12 minutes drive to Downtown, combined with its development potential, generous lot size, and immediate income-generating capabilities, creates an unprecedented opportunity to secure a piece of Forest Lawn's promising future, making it an ideal investment whether you're starting your real estate journey, expanding your portfolio, or planning your next development project
    Property Type:
    Residential
    Property Sub Type:
    Detached
    Condo Type:
    Not a Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    Suite - Illegal
    Home Style:
    Bungalow
    Total Living Area:
    1,053.89 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Lot Area:
    6,609 sq. ft.
    Lot Frontage:
    54'
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Front Exposure:
    West
    Reg. Size:
    Reg. Size Includes:
    Levels:
    One
    Total Rooms Above Grade:
    5
    Year built:
    1959 (Age: 66)
    Bedrooms:
    4 (Above Grd: 2)
    Bedrooms Above Grade:
    2
    Bedrooms Below Grade:
    2
    Bathrooms:
    2.0 (Full:2, Half:0)
    Plan:
    8779HP
    Heating:
    Forced Air, Natural Gas
    Basement:
    Full, Suite
    Foundation:
    Poured Concrete
    New Constr.:
    No
    Construction Material:
    Stucco, Wood Frame, Wood Siding
    Structure Type:
    House
    Roof:
    Asphalt Shingle
    Ensuite:
    No
    Flooring:
    Ceramic Tile, Hardwood
    Cooling:
    None
    Fireplaces:
    0
    Garage:
    1
    Garage Spaces:
    2
    Parking:
    Double Garage Detached
    Parking Covered:
    2
    Parking Places:
    4
    Parking Total/Covered:
    4 / 2
    Laundry Features:
    Common Area, In Basement
    Forest Lawn
    Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
    none
    None Known
    Floor
    Type
    Size
    Other
    Main Floor
    Eat in Kitchen
    17'6" × 9'8"
    Main Floor
    Dining Room
    9'11" × 8'7"
    Main Floor
    Living Room
    13'6" × 12'4"
    Main Floor
    Bedroom - Primary
    13'11" × 9'11"
    Main Floor
    Bedroom
    10'10" × 7'11"
    Basement
    Kitchen
    17'8" × 10'1"
    Basement
    Living Room
    14'11" × 12'9"
    Basement
    Laundry
    10'4" × 8'6"
    Basement
    Furnace/Utility Room
    12'5" × 7'7"
    Basement
    Bedroom
    10'3" × 8'9"
    Basement
    Bedroom
    16'9" × 10'3"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    4
    4'11" x 6'11"
    Basement
    No
    4
    7'5" x 8'5"
    Title to Land:
    Fee Simple
    Community Features:
    Park, Playground, Schools Nearby, Shopping Nearby
    Interior Features:
    No Animal Home, No Smoking Home
    Exterior Features:
    Other
    Patio And Porch Features:
    None
    Lot Features:
    Back Lane, Back Yard, Corner Lot, Level, No Neighbours Behind, Rectangular Lot
    Num. of Parcels:
    0
    Fencing:
    Fenced
    Region:
    Calgary
    Zone:
    CAL Zone E
    Zoning:
    R-CG
    Listed Date:
    Apr 18, 2025
    Days on Mkt:
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    Listed by CIR Realty
    Data was last updated May 13, 2025 at 02:05 AM (UTC)
    Area Statistics
    Listings on market:
    28
    Avg list price:
    $559,950
    Min list price:
    $157,000
    Max list price:
    $764,999
    Avg days on market:
    38
    Min days on market:
    1
    Max days on market:
    590
    Avg price per sq.ft.:
    $553.99
    These statistics are generated based on the current listing's property type and located in Forest Lawn. Average values are derived using median calculations.
    CODY BATTERSHILL
    powered by myRealPage.com

    Why Choose East Calgary Real Estate?

    • Most affordable district in the city with a diverse real estate portfolio
    • Easy access to Stoney Trail ring road and Deerfoot Trail
    • Shopping at Marlborough Mall, Pacific Place, 17th Avenue SE, East Hills Shopping Centre
    • Close to the Bow River and its network of parks and pathways
    • Home to several tight-knit ethnic community centres with members from all over the city
    • Close to work for commercial / industrial employees in east / southeast districts

    East Calgary Communities

    Homes for sale in East Calgary are some of the best priced in the city. From one-bedroom condos to single-family homes, buyers also have a wide selection of property types to choose from when considering a move to the area.

    Excellent prices bring great opportunities for first-time home buyers and those looking to purchase an investment property in Calgary.

    Living in East Calgary also means quick-and-easy access to the Stoney Trail ring road which makes it easy to get to other districts of the city.

    A new amenity complex was recently built on the east side of Stoney Trail with a Costco, Mark's Work Warehouse, Walmart and several more "outlet" style stores. It's the perfect one-stop-shop for you and your family.

    Hidden gems on 17th Avenue SE (also known as International Avenue") are found everywhere. Restaurants and shops galore, many of which offer ethnic foods and good of all sorts.

    East Calgary Real Estate Agents

    On the search for that perfect home for sale in East Calgary? Thinking about selling your current property? Our Calgary Realtors® have the knowledge, skillset and expertise to help guide you towards a successful transaction and would love to discuss your real estate goals with you!

    Contact Cody & Jordan with RE/MAX House of Real Estate at 403-370-4008 if you have questions or would like us to set up a showing for you! Get a Free Home Evaluation for your property in East Calgary today!

    We are looking forward to helping you accomplish your real estate goals!

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