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.
For sale
C$590,000
2040 W 47th St SE, Calgary, AB T2B 1L3
4beds
1,049sqft
Single Family Residence
Built in 1959
6,534 Square Feet Lot
$-- Zestimate®
C$562/sqft
C$-- HOA
What's special
- 38 days
- on Zillow |
- 11 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 27, 2025 at 05:15pm
Listed by:
Dusko Sremac, Associate,
Real Broker,
Tim Murfin, Associate,
Real Broker
Source: courtesy of Pillar9 System,MLS®#: A2233702
Originating MLS®#: Calgary

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 10`9" x 8`0"
Bedroom
- Level: Main
- Dimensions: 14`0" x 9`11"
Bedroom
- Level: Basement
- Dimensions: 16`9" x 10`4"
Bedroom
- Level: Main
- Dimensions: 10`3" x 8`8"
Other
- Level: Basement
- Dimensions: 8`5" x 7`4"
Other
- Level: Main
- Dimensions: 6`10" x 4`11"
Dining room
- Level: Main
- Dimensions: 9`8" x 8`7"
Kitchen
- Level: Basement
- Dimensions: 17`9" x 10`0"
Kitchen
- Level: Main
- Dimensions: 17`6" x 11`2"
Laundry
- Level: Basement
- Dimensions: 10`4" x 8`6"
Living room
- Level: Basement
- Dimensions: 14`11" x 12`9"
Living room
- Level: Main
- Dimensions: 13`6" x 12`4"
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
- Laundry: In Basement
Features
- Ceiling Fan(s), See Remarks
- Flooring: Ceramic Tile, Hardwood, Linoleum
- Windows: Window Coverings
- Basement: Separate/Exterior Entry,Full,Suite
- Has fireplace: No
Interior area
- Total interior livable area: 1,049 sqft
- Finished area above ground: 1,049
- Finished area below ground: 716
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Double Garage Detached, Driveway, Oversized
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Other
- Fencing: Fenced
- Frontage length: 16.46M 54`0"
Lot
- Size: 6,534 Square Feet
- Features: Back Lane, Back Yard, Corner Lot
Details
- Parcel number: 101175165
- Zoning: R-CG
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1959
Community & HOA
Community
- Features: Park, Playground
- Subdivision: Forest Lawn
HOA
- Has HOA: No
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$562/sqft
- Date on market: 6/27/2025
- Inclusions: Basement: Refrigerator, Electric Stove, Hood Fan
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