Charming Bungalow on a Prime Corner Lot – Investment Opportunity!
Don’t miss this fantastic investment opportunity! This 2-bedroom, 1-bathroom bungalow sits on a spacious corner lot in a family neighborhood, offering endless potential for rental income, renovation, or future development.
Featuring a large yard, this property provides plenty of space for expansion, additions, or outdoor entertainment areas. The home has a functional layout, bright living spaces, and a cozy atmosphere perfect for tenants or future homeowners.
Located in a growing area with easy access to shopping, dining, schools, and public transit, this property is ideal for investors, first-time buyers, or downsizers.
Don’t miss this fantastic investment opportunity! This 2-bedroom, 1-bathroom bungalow sits on a spacious corner lot in a family neighborhood, offering endless potential for rental income, renovation, or future development.
Featuring a large yard, this property provides plenty of space for expansion, additions, or outdoor entertainment areas. The home has a functional layout, bright living spaces, and a cozy atmosphere perfect for tenants or future homeowners.
Located in a growing area with easy access to shopping, dining, schools, and public transit, this property is ideal for investors, first-time buyers, or downsizers.
Property Details
Price:
$399,000
MLS #:
A2196386
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Dec 15, 2025
Finished Sq Ft:
776
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Appliances
Electric Stove, Freezer, Range Hood, Refrigerator, Washer/Dryer
Basement
Crawl Space, Partial
Bathrooms Full
1
Laundry Features
In Basement
Exterior
Exterior Features
None
Lot Features
Back Lane
Parking Features
RV Access/Parking
Parking Total
2
Patio And Porch Features
None
Roof
Asphalt
Financial
Map
Community
- Address1506 47 Street SE Calgary AB
- SubdivisionForest Lawn
- CityCalgary
- CountyCalgary
- Zip CodeT2A 1R4
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Alyth/Bonnybrook
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eastfield
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Inglewood
- Kelvin Grove
- Keystone Hills
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- North Haven Upper
- Oakridge
- Ogden
- Osprey Hill
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- South Foothills
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Starfield
- Stonegate Landing.
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Single Family in Calgary as of Dec 17, 2025
116,738
Single Family Listed
3
Avg DOM
440
Avg $ / SqFt
$720,891
Avg List Price
Property Summary
- Located in the Forest Lawn subdivision, 1506 47 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2A 1R4. It is listed for $399,000 and features 2 beds, 1 baths, and has approximately 776 square feet of living space, and was originally constructed in 1955. The current price per square foot is $514. The average price per square foot for Single Family listings in Calgary is $440. The average listing price for Single Family in Calgary is $720,891. To schedule a showing of MLS#a2196386 at 1506 47 Street SE in Calgary, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
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