Welcome to this beautifully renovated bungalow in the established community of Forest Heights, offering a great opportunity for homeowners, investors, or multi-generational living. With 3 bedrooms up, an illegal 2-bedroom basement suite, and completely updated throughout, this home blends modern comfort with functional versatility in a mature, convenient location. Step inside to discover a bright and inviting main floor featuring updated flooring, newer windows, stylish light fixtures, and a fresh contemporary feel from top to bottom. The spacious living area is filled with natural light and flows seamlessly into the renovated kitchen, complete with modern cabinetry, updated countertops, and plenty of prep and storage space. The adjoining dining area creates an ideal setup for both everyday living and entertaining. Three well-sized bedrooms and an updated full bathroom complete the upper level. The fully developed lower level features a thoughtfully designed illegal 2-bedroom suite with its own renovated kitchen, updated bathroom, spacious living area, and separate sleeping quarters—perfect for extended family, guests, or potential rental income. The lower level continues the same updated aesthetic found upstairs, making the entire home feel cohesive and move-in ready. Outside, the sunny south-facing backyard offers a private outdoor space with plenty of room to relax, garden, or entertain. The yard is fully fenced, making it ideal for kids and pets, while the large rear parking pad provides ample off-street parking for multiple vehicles. Whether you’re looking for a comfortable family home or an investment property with income potential, this property checks all the boxes. Located close to schools, parks, shopping, transit, and major commuter routes, this is a fantastic opportunity to own a turnkey home in an established southeast Calgary neighbourhood. Stylishly updated, well maintained, and offering outstanding flexibility, this bungalow is ready for its next chapter.
Property Details
Price:
$539,900
MLS #:
A2310753
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Heights
Listed Date:
May 13, 2026
Finished Sq Ft:
1,051
Lot Size:
5,500 sqft / 0.13 acres (approx)
Year Built:
1968
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement
Exterior
Exterior Features
Storage
Lot Features
Back Lane, Back Yard, Low Maintenance Landscape, Rectangular Lot
Parking Features
Alley Access, Parking Pad
Parking Total
2
Patio And Porch Features
Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address5203 Memorial Drive SE Calgary AB
- SubdivisionForest Heights
- CityCalgary
- CountyCalgary
- Zip CodeT2A 2P9
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Bayview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- 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
- 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
- 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
- Mayfair
- 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
- Oakridge
- Ogden
- Osprey Hill
- Out of Area Calgary
- 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
- Roxboro
- 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
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- University of Calgary
- 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 May 15, 2026
3,310
Single Family Listed
39
Avg DOM
487
Avg $ / SqFt
$873,899
Avg List Price
Property Summary
- Located in the Forest Heights subdivision, 5203 Memorial Drive SE Calgary AB is a Single Family for sale in Calgary, AB, T2A 2P9. It is listed for $539,900 and features 5 beds, 2 baths, and has approximately 1,051 square feet of living space, and was originally constructed in 1968. The current price per square foot is $514. The average price per square foot for Single Family listings in Calgary is $487. The average listing price for Single Family in Calgary is $873,899. To schedule a showing of MLS#a2310753 at 5203 Memorial Drive SE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
Similar Listings Nearby
5203 Memorial Drive SE
Calgary, AB


