MC-1 ZONED | FULL-SIZE LOT | SUITED BUNGALOW | PRIME REDEVELOPMENT OPPORTUNITY Exceptional opportunity in the heart of Forest Lawn for builders, investors, and forward-thinking buyers. Located at 1823 38 Street SE, this full-size lot is already zoned MC-1, offering outstanding redevelopment potential in one of Calgary’s rapidly evolving inner-city corridors with strong nearby infill and revitalization activity. Buyers are encouraged to verify future land-use and development possibilities directly with the City of Calgary.
The existing bungalow provides immediate holding income or multi-generational living options while you plan your next project. The main floor features 3 bedrooms, 1 bathroom, separate laundry, a bright dining area, and a spacious living room filled with natural light. The lower level offers a self-contained 2 bedroom, 2 bathroom suited basement, creating flexible rental or extended family living potential.
Outside, enjoy a fully fenced backyard and a double detached garage complete with a newer heater, adding functionality and tenant appeal.
Ideally positioned just minutes from 17 Avenue SE / International Avenue, with quick access to transit, shopping, restaurants, schools, and major commuter routes including Deerfoot Trail. Whether you''re looking to hold, rent, renovate, or redevelop, this is a rare chance to secure an income-producing property with long-term upside in a high-growth location.
The existing bungalow provides immediate holding income or multi-generational living options while you plan your next project. The main floor features 3 bedrooms, 1 bathroom, separate laundry, a bright dining area, and a spacious living room filled with natural light. The lower level offers a self-contained 2 bedroom, 2 bathroom suited basement, creating flexible rental or extended family living potential.
Outside, enjoy a fully fenced backyard and a double detached garage complete with a newer heater, adding functionality and tenant appeal.
Ideally positioned just minutes from 17 Avenue SE / International Avenue, with quick access to transit, shopping, restaurants, schools, and major commuter routes including Deerfoot Trail. Whether you''re looking to hold, rent, renovate, or redevelop, this is a rare chance to secure an income-producing property with long-term upside in a high-growth location.
Property Details
Price:
$550,000
MLS #:
A2302076
Status:
Active
Beds:
6
Baths:
3
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
Listed Date:
Apr 16, 2026
Finished Sq Ft:
984
Lot Size:
5,941 sqft / 0.14 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Appliances
Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Basement
Full
Bathrooms Full
3
Laundry Features
Lower Level, Main Level, Multiple Locations
Exterior
Exterior Features
BBQ gas line, Garden
Lot Features
Back Lane, City Lot, Garden, Yard Lights
Parking Features
Double Garage Detached, Heated Garage, Oversized
Parking Total
4
Patio And Porch Features
Front Porch, See Remarks
Roof
Asphalt Shingle
Financial
Map
Community
- Address1823 38 Street SE Calgary AB
- SubdivisionForest Lawn
- CityCalgary
- CountyCalgary
- Zip CodeT2B 0Z4
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
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- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
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- Elboya
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- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
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- Forest Lawn
- Forest Lawn Industrial
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- Greenview Industrial Park
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- Kingsland
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- Livingston
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- Manchester Industrial
- Maple Ridge
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- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
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- Monterey Park
- Montgomery
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- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
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- Queensland
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- 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
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- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- University of Calgary
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
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- 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 Apr 17, 2026
2,948
Single Family Listed
41
Avg DOM
485
Avg $ / SqFt
$886,625
Avg List Price
Property Summary
- Located in the Forest Lawn subdivision, 1823 38 Street SE Calgary AB is a Single Family for sale in Calgary, AB, T2B 0Z4. It is listed for $550,000 and features 6 beds, 3 baths, and has approximately 984 square feet of living space, and was originally constructed in 1963. The current price per square foot is $559. The average price per square foot for Single Family listings in Calgary is $485. The average listing price for Single Family in Calgary is $886,625. To schedule a showing of MLS#a2302076 at 1823 38 Street SE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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