Attention all investors, opportunity knocks with this R-CG zoned bungalow on a full lot, offering excellent redevelopment potential or steady rental income, currently generating $2,700. The main level features 3 bedrooms and 1 bathroom. While the basement offers a separate entrance with 1 bedroom, a den, and a full bathroom – perfect for extended family living or generating additional rental income. Located in a high-demand rental area, close to schools, parks, shopping, and public transit. R-CG zoning provides flexibility for future multi-unit development. Whether you’re looking to buy-and-hold, renovate, or redevelop, this property is a smart addition to your portfolio. Contact today to schedule a showing!
Property Details
Price:
$530,000
MLS #:
A2248866
Status:
Active
Beds:
4
Baths:
2
Address:
2208 47 street Street SE
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
City:
Calgary
Listed Date:
Aug 15, 2025
Province:
AB
Finished Sq Ft:
1,052
Postal Code:
216
Lot Size:
5,699 sqft / 0.13 acres (approx)
Year Built:
1959
See this Listing
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.
More About RobMortgage Calculator
Schools
Interior
Appliances
Dishwasher, Dryer, Electric Oven, Electric Stove, Range Hood, Refrigerator, Washer/ Dryer Stacked
Basement
Separate/ Exterior Entry, Finished, Full
Bathrooms Full
2
Laundry Features
Lower Level
Exterior
Exterior Features
Private Entrance
Lot Features
Back Lane, Front Yard, Landscaped, Many Trees, Rectangular Lot
Parking Features
Double Garage Detached
Parking Total
3
Patio And Porch Features
None
Roof
Asphalt Shingle
Financial
Map
Community
- Address2208 47 street Street SE Calgary AB
- SubdivisionForest Lawn
- CityCalgary
- CountyCalgary
- Zip CodeT2B 1L6
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2208 47 street Street SE
Calgary, AB
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