$580,000

1502 40 Street Se, Calgary, Alberta

5

Beds

2

Baths

940

Square feet

0.12

Acres

A2341465

MLS® Number

11

Days on Market

For Sale

Listing Type

$580,000 | Forest Lawn Calgary Detached for Sale at 1502 40 Street Se Calgary

Explore 1502 40 Street Se, a Desirable Forest Lawn home for sale for $580,000! This Forest Lawn Bungalow Detached for sale in Calgary has been listed on Real-Estate.ca for 11 days under MLS® #A2341465. This home is a 940 square foot Bungalow Single Family Detached built in 1958 with 5 bedrooms and 2.00 bathrooms. Parking is Double Garage Detached, Off Street and it has a Full basement. Explore the Calgary real estate market and available Forest Lawn homes for sale!

SHOWS 10/10! ATTENTION FIRST-TIME HOMEBUYERS, BUILDERS AND DEVELOPERS! This property is a CORNER LOT HOME and presents an outstanding opportunity in a growing area with excellent access to transit, schools, parks, and shopping. EXPLORE THE POTENTIAL FOR FUTURE MULTI-UNIT REDEVELOPMENT, including a 4-plex, subject to City of Calgary approval and all applicable regulations. Welcome to this WELL-MAINTAINED BUNGALOW situated on a large lot in a convenient SE Calgary location. Offering over 1,700 SQ. FT. OF DEVELOPED LIVING SPACE, this property features 5 BEDROOMS, 2 FULL BATHROOMS, BASEMENT SUITE (Illegal), AND A MASSIVE OVERSIZED DOUBLE DETACHED GARAGE, making it an excellent opportunity for homeowners, multi-generational families, or savvy investors. The main floor offers approximately 880 SQ. FT. ABOVE GRADE and showcases a bright and spacious living room highlighted by a cozy fireplace, a functional kitchen with ample cabinetry and dining space, a generous PRIMARY BEDROOM, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement features a SEPARATE ENTRANCE, its own kitchen, a large recreation/living area, 2 ADDITIONAL BEDROOMS, a 3-piece bathroom, laundry area, and plenty of storage space—providing excellent flexibility for extended family living or mortgage-helper potential. Recent upgrades include an UPGRADED WASHER AND DRYER and a NEWER HOT WATER TANK, offering added value and peace of mind. Additional conveniences include a CENTRAL VACUUM SYSTEM and a WHOLE-HOUSE WATER FILTRATION SYSTEM, enhancing everyday comfort and functionality. Outside, you'll appreciate the beautifully maintained yard, LARGE PRIVATE BACKYARD, expansive patio area, and an impressive OVERSIZED DOUBLE DETACHED GARAGE with approximately 597 SQ. FT. OF SPACE, perfect for vehicles, tools, hobbies, workshop use, or additional storage. Ample off-street parking further adds to the property's appeal. Ideally located close to schools, shopping, public transit, parks, playgrounds, major roadways, and downtown Calgary, this property offers the perfect blend of convenience, versatility, and income potential. Whether you're looking to live up and rent down, accommodate a growing or multi-generational family, or add a solid revenue property to your investment portfolio, this home delivers exceptional value and endless possibilities. DON'T MISS THIS INCREDIBLE OPPORTUNITY!

Financial and Mortgage

List Price $580,000
Original Price $580,000
Monthly Payment $2,418/month
Get Prequalified
Days on Market 11
Price per square foot $617

1502 40 Street Se Details

Show Less

Construction and Lot

Year Built 1958
Square Footage 940
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Parking Spaces 4
Parking Double Garage Detached, Off Street
# of Garages 4
Has Basement Yes
Basement Full
Foundation Brick/Mortar
Roof Shingle
Cooling None
Heating Central, Mid Efficiency, Forced Air, Natural Gas
Exterior Features Garden, Private Yard

Exterior of 1502 40 Street Se

Lot Size Square Feet 5102
Listing Frontage 15.24M 50`0"
Type Residential
Style Bungalow
Sub-Type Detached

Interior

Appliances Electric Cooktop, Electric Oven, Range Hood, Refrigerator, Washer/Dryer
Fireplace Yes
# of Fireplaces 2
Fireplaces Wood Burning

Measurements

Lot Size Square Feet 5102
Listing Frontage 15.24M 50`0"
Square Footage 940

Forest Lawn Information

About Forest Lawn in Calgary

Address 1502 40 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2A 1K2
Office/Brokerage CIR Realty

Forest Lawn Map, Demographics, Characteristics

Book a Viewing of 1502 40 Street Se and other Forest Lawn homes.

See 1502 40 Street Se and other Forest Lawn homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #A2341465 1502 40 Street Se in Forest Lawn, Calgary Alberta, or fill out the form below. Looking for more Bungalow Single Family Forest Lawn homes for sale in Calgary? Our top Calgary real estate specialists are ready to help you buy or sell in the Forest Lawn area. Contact us today!

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