1523 48 Street SE
Calgary, AB, T2A1R8
$549,900
4 Beds
3 Baths
908 SqFt
0.13 Acres
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Welcome to this beautifully renovated bungalow in the desirable community of Forest Lawn!
This home is a perfect investment opportunity—live upstairs and rent the basement, or rent out both levels for maximum income potential.
Featuring 4 bedrooms, 2.5 bathrooms, 2 kitchens, 2 living areas, and 2 separate laundry spaces, this property is designed for convenience and flexibility. A separate entrance leads to the fully developed basement with an (illegal) suite, offering privacy for extended family or tenants.
On the main level, you’ll love the open-concept layout with a bright living and dining area, a high-end kitchen with quartz countertops, a center island, and stainless steel appliances, plus 2 bedrooms including a primary with ensuite, and a full 4-piece bathroom. The space is finished with luxury vinyl plank flooring throughout.
The lower level offers a spacious living room, full kitchen, 2 additional bedrooms, a 4-piece bathroom, and its own laundry.
Enjoy a large backyard with a double detached garage and plenty of street parking on this quiet street.
Unbeatable location—walking distance to Bob Bahan Aquatic &#38' Fitness Centre, close to schools, shopping, 17th Ave, and quick access to Stoney Trail, Deerfoot, 52nd Street, and Memorial Drive.
Don’t miss your chance to own this turn-key home in a prime location. Book your private showing today! The seller is open to painting the garage and refreshing the backyard landscaping/grass, subject to discussion between buyer and seller

Property Details

Price:
$549,900
MLS #:
A2253971
Status:
Active
Beds:
4
Baths:
3
Address:
1523 48 Street SE
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
City:
Calgary
Listed Date:
Sep 5, 2025
Province:
AB
Finished Sq Ft:
908
Postal Code:
218
Lot Size:
5,880 sqft / 0.13 acres (approx)
Year Built:
1963
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Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.

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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Basement
Separate/ Exterior Entry, Finished, Full, Suite
Bathrooms Full
2
Bathrooms Half
1
Laundry Features
In Basement, Laundry Room, Main Level, See Remarks

Exterior

Exterior Features
None
Lot Features
Back Yard
Parking Features
Double Garage Detached, Off Street
Parking Total
4
Patio And Porch Features
Front Porch
Roof
Asphalt Shingle

Financial

Map

Community

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1523 48 Street SE
Calgary, AB