POTENTIAL, POTENTIAL, POTENTIAL! This massive corner lot is a prime investment opportunity with so much potential. This classic bungalow boasts nearly 2,000 sq ft of developed living space with a lot that’s over 50 feet wide. Located conveniently close to downtown and numerous amenities, this property offers unparalleled versatility for homeowners and investors alike.
The home features a spacious main floor and a large illegal basement suite, perfect for those looking to maximize rental income. You can live upstairs while renting out the basement, or rent both units and create an opportunity to generate cash flow. The double detached garage adds further value and convenience.
For developers, the potential is even greater. With proper permits, you can choose to transform this property into multi-family row housing – an ideal investment opportunity where you can choose to sell or rent the units. The huge lot and prime location make this property a rare find with significant future upside.
Don't miss out on this exceptional property with so many possibilities. Whether you're looking to invest, develop, or create your dream home, this corner lot is full of opportunities!
Contact Corinne Watson About MLS® A2182979
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Corinne Watson , 403-921-7653 at CIR Realty North West, #168, 8060 Silver Springs Blvd. N.W., Calgary, Alberta, T3B 5K1
property information
Property Type: Detached Home
MLS®#: A2182979
Style: Bungalow
Year Built: 1959
Lot Shape: Back Lane,Back Yard,Corner Lot
Total Floor Area: 1,049 sq.ft
Community Information
Address: 2040 47 Street
Neighbourhood: Forest Lawn
City: Calgary
Postal Code: T2B 1L3
interior
Included: Basement: Refrigerator, Electric Stove, Hood Fan
Bedrooms: 4 (Bedrooms Above: 3)
Bathrooms: Full: 2
Rooms Above Grade: 6
Fireplace Details: For Sale
Basement: Separate/Exterior Entry, Full, Suite, Separate/Exterior Entry, Full, Suite
Floor Finish: Ceramic Tile, Hardwood, Linoleum
exterior
Exterior Features: Back Lane, Back Yard, Corner Lot
Exterior Finish: Stucco, Wood Frame, Wood Siding
Construction: Stucco,Wood Frame,Wood Siding
Roof: Asphalt Shingle
Front Exposure: W
Frontage: 16.46M 54`0" metres
services & amenities
Parking: Double Garage Detached, Driveway, Oversized (5 Total Parking Spaces)
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