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    929 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2282727

    929 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2282727

    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.

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    929 38 Street SE
    Forest Lawn Calgary T2A 1A1

    $899,900
    Residential beds: 10 baths: 5.0 3,034 sq. ft. built: 1960

    Main Photo: 929 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2282727
    Photo 1: 929 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2282727
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    Photo 46: 929 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2282727
    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2282727
    Bedrooms:
    10
    Bathrooms:
    5
    Year Built:
    1960
    Exceptional high-income investment opportunity at 929 38 Street SE.?This massive two-storey property is purpose-built for room-by-room rentals, multi-family living, or extended family use, offering strong cash-flow potential in a high-demand rental location. Featuring over 4000 sq ft of developed living space, the home includes 10 bedrooms and 4 bathrooms with a highly functional layout designed for shared living. The upper floor is thoughtfully designed with seven bedrooms and three bathrooms, including one bedroom with a private full ensuite, a five-piece bathroom shared between bedrooms, and an additional four-piece Jack-and-Jill bathroom, providing excellent usability and privacy for multiple occupants. A spacious bonus room further enhances the layout, while the very open floor plan and large windows throughout flood the home with natural light and strongly enhance tenant appeal. A large front foyer creates an inviting first impression. The main floor offers additional living space and a separate laundry room, while the fully self-contained LEGAL two-bedroom basement suite includes its own laundry and a generous living area, making the property exceptionally well suited for efficient room-by-room leasing or multi-family use. The home underwent a significant transformation in 2015, with upgrades including a newer roof, windows, hot water tank, updated kitchen, and renovated bathrooms, minimizing near-term capital expenditures. Solidly built, well maintained, and turnkey for income generation, this property offers both immediate revenue potential and long-term value.Additional investment highlights include: LEGAL basement suit, Double garage plus abundant on-site and street parking, Second entrance providing functional separation, Bright, open common areas enhanced by oversized windows, Prime location close to Marlborough Mall, 17 Avenue SE, LRT stations, schools, and major transit routes. Ideal for investors seeking strong monthly income, flexible rental configurations, and long-term appreciation in an established Calgary neighbourhood. A rare opportunity to secure a large-scale residential income property — book your showing today.
    Property Type:
    Residential
    Property Sub Type:
    Detached
    Condo Type:
    Not a Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    Yes
    Num Legal Suites:
    1
    Num Illegal Suites:
    0
    Home Style:
    2 Storey
    Total Living Area:
    3,034.2 sq. ft.
    Main Level Finished Area:
    1,264.12 sq. ft.
    Upper Level Finished Area:
    1,770.08 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    1,264.12 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Acreage:
    No
    Lot Area:
    6,932 sq. ft.
    Lot Frontage:
    126'¼"
    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:
    South
    Reg. Size:
    Reg. Size Includes:
    Levels:
    Two
    Total Rooms Above Grade:
    13
    Year built:
    1960 (Age: 66)
    Bedrooms:
    10 (Above Grd: 8)
    Bedrooms Above Grade:
    8
    Bedrooms Below Grade:
    2
    Bathrooms:
    5.0 (Full:5, Half:0)
    Plan:
    6313HU
    Heating:
    Forced Air
    Basement:
    Full, Finished, Separate/Exterior Entry
    Foundation:
    Poured Concrete
    New Constr.:
    No
    Construction Material:
    Stucco, Wood Frame
    Structure Type:
    House
    Roof:
    Asphalt Shingle
    Ensuite:
    Yes
    Flooring:
    Ceramic Tile, Hardwood, Laminate
    Cooling:
    None
    Fireplaces:
    0
    Garage:
    Yes
    Garage Spaces:
    2
    Parking:
    Double Garage Attached, Driveway, Off Street, On Street, Oversized, Parking Pad, Stall
    Parking Places:
    11
    Parking Total/Covered:
    11 / -
    Laundry Features:
    In Basement, Main Level, Multiple Locations
    Forest Lawn
    Dishwasher, Dryer, Microwave, Refrigerator, Stove(s), Washer, Washer/Dryer, Window Coverings
    Furniture may be negotiable on an offer
    None Known
    Floor
    Type
    Size
    Other
    Main Floor
    Kitchen
    17'2" × 12'2"
    Main Floor
    Dining Room
    12'2" × 8'9"
    Main Floor
    Living Room
    18'9" × 14'5"
    Main Floor
    Foyer
    11' × 6'7"
    Main Floor
    Laundry
    9'8" × 7'9"
    Main Floor
    Bedroom
    13'5" × 10'8"
    Upper Level
    Bonus Room
    17'7" × 14'4"
    Upper Level
    Balcony
    12' × 7'6"
    Upper Level
    Bedroom
    10'2" × 8'10"
    Upper Level
    Bedroom
    12'5" × 11'9"
    Upper Level
    Bedroom - Primary
    12'6" × 11'9"
    Upper Level
    Bedroom
    10'2" × 8'10"
    Upper Level
    Bedroom
    11' × 10'2"
    Upper Level
    Bedroom
    12' × 8'1"
    Upper Level
    Bedroom
    13'8" × 11'3"
    Basement
    Kitchenette
    15' × 10'
    Basement
    Game Room
    18'1" × 15'
    Basement
    Laundry
    10' × 4'9"
    Basement
    Furnace/Utility Room
    13'7" × 5'11"
    Basement
    Bedroom
    10'6" × 8'8"
    Basement
    Bedroom
    10'1" × 8'8"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    5
    10'8" x 8'2"
    Upper Level
    No
    5
    12'1" x 4'11"
    Upper Level
    No
    4
    7'5" x 7'4"
    Upper Level
    Yes
    3
    10'3" x 4'11"
    Basement
    No
    4
    10' x 8'8"
    Title to Land:
    Fee Simple
    Community Features:
    Park, Playground, Schools Nearby, Shopping Nearby
    Interior Features:
    Breakfast Bar, Double Vanity, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Recessed Lighting, Storage, Vinyl Windows
    Exterior Features:
    Balcony, Private Entrance
    Patio And Porch Features:
    Balcony(s)
    Lot Features:
    Corner Lot, Low Maintenance Landscape, Rectangular Lot
    Num. of Parcels:
    0
    Fencing:
    None
    Region:
    Calgary
    Zone:
    CAL Zone E
    Zoning:
    R-CG
    Listed Date:
    Jan 30, 2026
    Days on Mkt:
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    Listed by RE/MAX House of Real Estate
    Data was last updated January 30, 2026 at 08:05 PM (UTC)
    Area Statistics
    Listings on market:
    21
    Avg list price:
    $525,000
    Min list price:
    $149,900
    Max list price:
    $699,900
    Avg days on market:
    56
    Min days on market:
    1
    Max days on market:
    853
    Avg price per sq.ft.:
    $495.08
    These statistics are generated based on the current listing's property type and located in Forest Lawn. Average values are derived using median calculations. This data is not produced by the MLS® system.
    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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