2040 47 Street Se, Calgary, Alberta

$590,000

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4

Beds

2

Baths

1,049

Square feet

0.15

Acres

About 2040 47 Street Se

Incredible Investment Opportunity on a Prime Corner Lot! This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable. Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality. The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area. Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside.

Features of 2040 47 Street Se

MLS® # A2233702
Price $590,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,049
Acres 0.15
Year Built 1959
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 2040 47 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2B 1L3

Amenities

Parking Spaces 5
Parking Double Garage Detached, Driveway, Oversized
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), See Remarks
Appliances Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Heating Forced Air
Cooling None
Fireplace No
Has Basement Yes
Basement Exterior Entry, Full, Suite

Exterior

Exterior Features Other
Lot Description Back Lane, Back Yard, Corner Lot
Roof Asphalt Shingle
Construction Stucco, Wood Frame, Wood Siding
Foundation Poured Concrete

Additional Information

Date Listed June 27th, 2025
Days on Market 1
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map