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    2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702

    2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702

    Begin your search of Southeast Calgary homes for sale below! The southeast quadrant is home to a wide range of properties and neighbourhoods, including the city's largest selection of lake communities. SE Calgary real estate also boasts quick-and-easy access to green spaces, river pathways and amenities galore including a major hospital, shopping mall and C-Train line.

    To learn more about Southeast homes for sale in Calgary or to schedule a private showing of a listing below, contact an experienced Realtor® by calling Cody & Jordan at 403.370.4008 anytime!

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    2040 47 Street SE
    Forest Lawn Calgary T2B 1L3

    $590,000
    Residential beds: 4 baths: 2.0 1,049 sq. ft. built: 1959

    Main Photo: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 1: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 2: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 3: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 4: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 5: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 6: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 7: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 8: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
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    Photo 12: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
    Photo 13: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2233702
    Bedrooms:
    4
    Bathrooms:
    2
    Year Built:
    1959
    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.
    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:
    1,049 sq. ft.
    Main Level Finished Area:
    1,049 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    716 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Lot Area:
    6,609 sq. ft.
    Lot Frontage:
    54'⅛"
    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:
    6
    Year built:
    1959 (Age: 66)
    Bedrooms:
    4 (Above Grd: 3)
    Bedrooms Above Grade:
    3
    Bedrooms Below Grade:
    1
    Bathrooms:
    2.0 (Full:2, Half:0)
    Plan:
    8779HP
    Heating:
    Forced Air
    Basement:
    Separate/Exterior Entry, 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, Linoleum
    Cooling:
    None
    Fireplaces:
    0
    Garage:
    1
    Garage Spaces:
    2
    Parking:
    Double Garage Detached, Driveway, Oversized
    Parking Places:
    5
    Parking Total/Covered:
    5 / -
    Laundry Features:
    In Basement
    Forest Lawn
    Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
    Basement: Refrigerator, Electric Stove, Hood Fan
    None Known
    Floor
    Type
    Size
    Other
    Main Floor
    Kitchen
    17'6" × 11'2"
    Main Floor
    Dining Room
    9'8" × 8'7"
    Main Floor
    Living Room
    13'6" × 12'4"
    Main Floor
    Bedroom
    14' × 9'11"
    Main Floor
    Bedroom
    10'9" × 8'
    Main Floor
    Bedroom
    10'3" × 8'8"
    Basement
    Kitchen
    17'9" × 10'
    Basement
    Living Room
    14'11" × 12'9"
    Basement
    Laundry
    10'4" × 8'6"
    Basement
    Bedroom
    16'9" × 10'4"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    4
    4'11" x 6'10"
    Basement
    No
    4
    7'4" x 8'5"
    Title to Land:
    Fee Simple
    Community Features:
    Park, Playground, Schools Nearby, Shopping Nearby
    Interior Features:
    Ceiling Fan(s), See Remarks
    Exterior Features:
    Other
    Patio And Porch Features:
    None
    Lot Features:
    Back Lane, Back Yard, Corner Lot
    Num. of Parcels:
    0
    Fencing:
    Fenced
    Region:
    Calgary
    Zone:
    CAL Zone E
    Zoning:
    R-CG
    Listed Date:
    Jun 27, 2025
    Days on Mkt:
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    Virtual Tour

    Listed by Real Broker
    Data was last updated July 11, 2025 at 06:05 PM (UTC)
    Area Statistics
    Listings on market:
    22
    Avg list price:
    $537,200
    Min list price:
    $157,000
    Max list price:
    $714,999
    Avg days on market:
    35
    Min days on market:
    8
    Max days on market:
    650
    Avg price per sq.ft.:
    $534.96
    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 Southeast Calgary Real Estate?

    • Home to beautiful lake communities such as Auburn Bay, Mahogany, Midnapore + others
    • Downtown + inner city living in parts of the Beltline, Inglewood District, Erlton and Ramsay
    • Host to Fish Creek Provincial Park, one of the largest urban parks in Canada
    • Bow River parks and pathways stretch from the southernmost tip all the way to downtown + beyond
    • Convenient access to the New South Health Campus, VIP Cineplex Odeon Seton Location and department stores galore
    • Convenient access to shopping centres at Southcentre, Shawnessey, Seton, Quarry Park, 130th Ave, Midpark, Riverbend + many more
    • Serviced by a completed portion of the Stoney Trail Ring Road, making travel to other quadrants and the mountains to the west relatively convenient and quick

    Southeast Calgary Communities

    Residents of Southeast Calgary real estate can expect convenient access to amenities whether they live in the inner city or on the brim of the city. They can also expect many green spaces and interconnecting pathways amid tight-knitted communities, several of which come with a man-made lake.

    Lake communities like Auburn Bay and Sundance, for example, are home to some of Calgary’s most exclusive properties and have private access to a central lake which is restricted for members and friends/family only.

    If you don’t happen to live in one of these areas however, Sikome Lake in Fish Creek Provincial park is accessible for everyone during the summer months. The lake has a depth of about 6-feet at its deepest point and offers tree shade, food and drink, washrooms and a soft, sandy beach to boot.

    New suburban Southeast Calgary homes for sale are found in a handful of newer communities south of Stoney Trail, including Seton, Mahogany, Cranston, Walden and Legacy to name a few. Wolf Willow is a brand-new neighbourhood in a beautiful area with rolling foothills and a complete list of new homeownership opportunities.

    Southeast Calgary Parks & Amenities

    Fish Creek Provincial Park is one of the largest urban parks in Canada and nearly spans the width of Calgary’s entire southern region. At about 13.5 square kilometres, much of the park remains in a forested, natural state with interconnecting hiking/biking/snowshoeing trails and paved river pathways on its east end connecting downtown.

    Residents living in Southeast Calgary real estate in areas like Midnapore, Sundance, Lake Bonavista, Douglasdale, McKenzie Lake and Cranston have direct access to the park via pathways that connect from their respective communities. Several Golf Clubs also line the Bow River and Fish Creek Provincial Park areas.

    Southeast amenities are found throughout the quadrant. The Inglewood District, for example, in the inner city just a few minutes from downtown is home to over 100 businesses including some of the city’s best restaurants and nightlife venues.

    Newly developed complexes like that of Seton provide all southeast Calgary residents convenient access a full plethora of amenities, as do those found in the 130th Avenue Shopping area – department stores, grocers, cinemas, you name it.

    Auburn Bay and Cranston are two examples of newer communities hosting mixed-use complexes that provide quick-and-easy access to essential day-to-day goods and services, although almost every SE Calgary home for sale will have access to some form of in-community amenities such as strip mall(s) or gas station(s).

    Southeast Calgary Real Estate Agents

    Browsing SE homes for sale in Calgary? Are you thinking about selling your current southeast property? Our Calgary Realtors® have the knowledge and expertise to help guide you toward a successful transaction!

    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 Evaluation for your home in SE Calgary today!

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

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