**Rare Opportunity with Massive Potential in an Unbeatable Location!**
Properties like this are becoming increasingly hard to find. Located just steps from Ernie Starr Arena and Bob Bahan Aquatic &' Fitness Centre, this property combines an exceptional location, oversized lot, abundant parking, and endless future potential — all at an attractive price point.
Situated on a quiet wide street with convenient access to schools, libraries, recreation centres, parks, shopping, transit, and International Avenue SE, this is an incredible opportunity for first-time buyers, renovators, investors, or anyone looking to secure a property with long-term upside.
The true showstopper is the **huge south-facing backyard** — a rare feature that provides all-day sunshine and an incredible amount of outdoor space to enjoy, garden, entertain, expand, or simply relax. Opportunities with this kind of yard space are becoming harder and harder to find in Calgary.
Adding even more value is the **oversized garage**, rear **RV parking**, and additional front parking pad — perfect for hobbyists, mechanics, extra vehicles, trailers, toys, or future workshop possibilities.
Inside, the home offers a fantastic canvas for someone with vision. While dated, it has solid fundamentals and tremendous potential to personalize, renovate, and build equity. The existing **hardwood floors** could be beautifully restored, adding warmth and character throughout the main level.
The current layout features an oversized primary bedroom created by combining two bedrooms, but it can easily be converted back to a three-bedroom layout if desired — offering flexibility for growing families or future resale value.
Major components such as the **roof, windows, and heating system appear to be in solid condition**, giving buyers added confidence as they plan cosmetic updates over time.
The basement previously contained an illegal suite, presenting additional redevelopment or income potential in the future (subject to city approval and permitting).
This is an **estate sale** being sold **“as is, where is,”** and the pricing reflects an outstanding opportunity for buyers who recognize value, space, and future potential when they see it.
Whether you are looking for your first home, an investment project, or a property with room to grow, this home offers possibilities that are difficult to replicate at this price point.
Opportunities like this do not come along often — especially with this much land, parking, sunlight, and potential in such a convenient location.
Properties like this are becoming increasingly hard to find. Located just steps from Ernie Starr Arena and Bob Bahan Aquatic &' Fitness Centre, this property combines an exceptional location, oversized lot, abundant parking, and endless future potential — all at an attractive price point.
Situated on a quiet wide street with convenient access to schools, libraries, recreation centres, parks, shopping, transit, and International Avenue SE, this is an incredible opportunity for first-time buyers, renovators, investors, or anyone looking to secure a property with long-term upside.
The true showstopper is the **huge south-facing backyard** — a rare feature that provides all-day sunshine and an incredible amount of outdoor space to enjoy, garden, entertain, expand, or simply relax. Opportunities with this kind of yard space are becoming harder and harder to find in Calgary.
Adding even more value is the **oversized garage**, rear **RV parking**, and additional front parking pad — perfect for hobbyists, mechanics, extra vehicles, trailers, toys, or future workshop possibilities.
Inside, the home offers a fantastic canvas for someone with vision. While dated, it has solid fundamentals and tremendous potential to personalize, renovate, and build equity. The existing **hardwood floors** could be beautifully restored, adding warmth and character throughout the main level.
The current layout features an oversized primary bedroom created by combining two bedrooms, but it can easily be converted back to a three-bedroom layout if desired — offering flexibility for growing families or future resale value.
Major components such as the **roof, windows, and heating system appear to be in solid condition**, giving buyers added confidence as they plan cosmetic updates over time.
The basement previously contained an illegal suite, presenting additional redevelopment or income potential in the future (subject to city approval and permitting).
This is an **estate sale** being sold **“as is, where is,”** and the pricing reflects an outstanding opportunity for buyers who recognize value, space, and future potential when they see it.
Whether you are looking for your first home, an investment project, or a property with room to grow, this home offers possibilities that are difficult to replicate at this price point.
Opportunities like this do not come along often — especially with this much land, parking, sunlight, and potential in such a convenient location.
Property Details
Price:
$479,900
MLS #:
A2306320
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Apr 29, 2026
Finished Sq Ft:
965
Lot Size:
6,264 sqft / 0.14 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Appliances
Dryer, Electric Stove, Refrigerator, Washer
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement
Exterior
Exterior Features
Other
Lot Features
Level, See Remarks
Parking Features
Carport, Double Garage Detached, RV Access/Parking
Parking Total
4
Patio And Porch Features
Deck
Roof
Asphalt Shingle
Financial
Map
Community
- Address1527 49 Street SE Calgary AB
- SubdivisionForest Lawn
- CityCalgary
- CountyCalgary
- Zip CodeT2A 1S2
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 23, 2026
3,417
Single Family Listed
40
Avg DOM
489
Avg $ / SqFt
$876,047
Avg List Price
Property Summary
- Located in the Forest Lawn subdivision, 1527 49 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2A 1S2. It is listed for $479,900 and features 3 beds, 2 baths, and has approximately 965 square feet of living space, and was originally constructed in 1962. The current price per square foot is $497. The average price per square foot for Single Family listings in Calgary is $489. The average listing price for Single Family in Calgary is $876,047. To schedule a showing of MLS#a2306320 at 1527 49 Street SE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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