1527 46 Street SE
Calgary
T2A 1N7
$599,900
Residential
beds: 5
baths: 2.0
976 sq. ft.
built: 1961
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2321172
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1961
- Photos (44)
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Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 1
- Num Illegal Suites:
- 0
- Home Style:
- Bungalow
- Total Living Area:
- 975.53 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 5,995 sq. ft.
- Lot Frontage:
- 49'3"
- Acres Cleared:
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- Acres Cultivated:
- Signup
- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- East
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- One
- Total Rooms Above Grade:
- 7
- Year built:
- 1961 (Age: 65)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 452GJ
- Heating:
- Forced Air
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Hardwood, Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 1
- Parking:
- Parking Pad, Single Garage Detached
- Parking Places:
- 3
- Parking Total/Covered:
- 3 / -
- Laundry Features:
- In Basement
- Southeast
- Forest Lawn
- Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
- None
- Airspace Restriction, None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 15'3" × 10'2"
- Main Floor
- Kitchen
- 15'11" × 7'10"
- Main Floor
- Dining Room
- 7'9" × 5'10"
- Main Floor
- Foyer
- 5'2" × 3'8"
- Main Floor
- Bedroom - Primary
- 11'9" × 11'6"
- Main Floor
- Bedroom
- 11'7" × 8'2"
- Main Floor
- Bedroom
- 11'6" × 7'11"
- Basement
- Laundry
- 7'2" × 5'11"
- Basement
- Kitchen
- 15' × 11'1"
- Basement
- Living Room
- 12'11" × 11'6"
- Basement
- Bedroom
- 14'7" × 8'7"
- Basement
- Bedroom
- 12'10" × 10'7"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'10" x 7'9"
- Basement
- No
- 4
- 8'6" x 7'11"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Separate Entrance
- Exterior Features:
- Playground
- Patio And Porch Features:
- Deck
- Lot Features:
- Back Lane, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- R-CG
- Listed Date:
- Jun 20, 2026
- Days on Mkt:
- Signup
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Listed by TREC The Real Estate Company
Data was last updated June 22, 2026 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $450,000
- Min list price:
- $138,000
- Max list price:
- $679,000
- Avg days on market:
- 36
- Min days on market:
- 2
- Max days on market:
- 307
- Avg price per sq.ft.:
- $506.59
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- PETER SHENOUDA
- RE/MAX COMPLETE REALTY
- (403) 807-5662
- Contact by Email
- SAM SHENOUDA
- RE/MAX COMPLETE REALTY
- (403) 991-9749
- Contact by Email
Shenouda Team
RE/MAX Complete Realty
Office Address:
205, 525 28 STREET S.E.
Calgary, AB, T2A 6W9