5203 Memorial Drive SE
Calgary, AB, T2A 2P9
$539,900
5 Beds
2 Baths
1,051 SqFt
0.13 Acres
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MLS #A2310753 image #0
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
Forest HeightsFullBack Lane,back Yard,low Maintenance Landscape,rectangular Lot

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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

Subdivisions in Calgary

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 .

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5203 Memorial Drive SE
Calgary, AB