1516 47 Street SE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2A1R4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 904 sqft
Price per Sqft $661
Subdivision Forest Lawn
MLS Listing ID A2197631
Style Bungalow
Bedrooms 5
Originating Board Calgary Real Estate Board
Year Built 1959
Lot Size 5,995 Sqft
Acres 5995.498
Property Sub-Type Freehold
Property Description
Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development. (id:24570)
Location
Province AB
Rooms
Kitchen 2.0
Extra Room 1 Basement 5.67 Ft x 6.42 Ft 4pc Bathroom
Extra Room 2 Basement 10.75 Ft x 11.50 Ft Bedroom
Extra Room 3 Basement 11.08 Ft x 9.00 Ft Bedroom
Extra Room 4 Basement 11.08 Ft x 10.25 Ft Kitchen
Extra Room 5 Basement 11.00 Ft x 14.50 Ft Recreational, Games room
Extra Room 6 Basement 3.75 Ft x 2.67 Ft Storage
Interior
Heating Forced air,
Cooling None
Flooring Laminate,Linoleum
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Fence
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Landscaped
Story 1
Architectural Style Bungalow
Others
Ownership Freehold
Virtual Tour https://youriguide.com/1516_47_st_se_calgary_ab