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Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail (id:25325)
| MLS® Number | A2321172 |
| Property Type | Single Family |
| Community Name | Forest Lawn |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Back Lane |
| Parking Space Total | 3 |
| Plan | 452gj |
| Structure | Deck |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Washer, Refrigerator, Stove, Dryer, Window Coverings |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1961 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Flooring Type | Hardwood, Laminate |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 976 Sqft |
| Total Finished Area | 975.53 Sqft |
| Type | House |
| Parking Pad | |
| Detached Garage | 1 |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Frontage | 15 M |
| Size Irregular | 557.00 |
| Size Total | 557 M2|4,051 - 7,250 Sqft |
| Size Total Text | 557 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 5.92 Ft x 7.17 Ft | ||
| Basement | Kitchen | 11.08 Ft x 15.00 Ft | ||
| Basement | Living Room | 11.50 Ft x 12.92 Ft | ||
| Basement | Bedroom | 14.58 Ft x 8.58 Ft | ||
| Basement | Bedroom | 10.58 Ft x 12.83 Ft | ||
| Basement | 4pc Bathroom | 7.92 Ft x 8.50 Ft | ||
| Main Level | Living Room | 15.25 Ft x 10.17 Ft | ||
| Main Level | Kitchen | 7.83 Ft x 15.92 Ft | ||
| Main Level | Dining Room | 7.75 Ft x 5.83 Ft | ||
| Main Level | Foyer | 5.17 Ft x 3.67 Ft | ||
| Main Level | Primary Bedroom | 11.50 Ft x 11.75 Ft | ||
| Main Level | Bedroom | 7.92 Ft x 11.50 Ft | ||
| Main Level | Bedroom | 11.58 Ft x 8.17 Ft | ||
| Main Level | 4pc Bathroom | 7.75 Ft x 4.83 Ft |
https://www.realtor.ca/real-estate/29934602/1527-46-street-se-calgary-forest-lawn
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