KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is ideally located just steps from International Avenue (17 Ave SE), offering excellent access to transit, restaurants, and local services. Zoned MC-1, the property presents strong rental income today with future redevelopment potential including the opportunity to build up to 8-unit complex, as on similar nearby lots.The main floor features 3 bedrooms, a full bathroom, a spacious living room area, and a functional kitchen. The legal basement suite includes 2 bedrooms, kitchen, living space, and shared laundry. With the raised bungalow design, the lower level gets great light throughout. Both upper and lower units are tenant-occupied, generating immediate income while you plan updates or future permitting. A sunny west-facing backyard and single detached garage, all just minutes from downtown and major routes. A solid buy-and-hold, income-generating property in one of Calgary’s most active investment corridors.
Address
1827 39 Street SE
List Price
$625,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary E
Sub-Area
Forest Lawn
Bedrooms
5
Bathrooms
2
Floor Area
1,063 Sq. Ft.
Lot Size
6296 Sq. Ft.
Year Built
1958
MLS® Number
A2278020
Listing Brokerage
RE/MAX Complete Realty
Basement Area
Full
Postal Code
T2B 1A2
Zoning
M-C1
Site Influences
Landscaped, Schools Nearby, Park
