1502 40 Street SE, Calgary Calgary, Alberta, T2A1K2

Listing Price
$649,900
house
5 beds
2 baths
940 sqft
Property Details
Property Type
house
Year Built
1958
Parking Spaces
4
Parking Type
Detached Garage, Other
Heating
Forced air, Natural gas, Central heating
Cooling
None
Lot Size
474 square meters
Lot Dimensions
474.00
Basement
Finished, Full, Separate entrance, Suite
Fireplaces
2
Foundation
Brick
Annual Taxes
$3,268 (2026)
Subdivision
Forest Lawn
MLS Number
A2323322
Listed Date
Jun 23, 2026
Days on Market
0
Zoning Description
R-CG
Region / Community
Forest Lawn
Parcel Number
0016269961
Description
Welcome to this WELL-MAINTAINED BUNGALOW situated on a large lot in a convenient SE Calgary location. Offering over 1,700 SQ. FT. OF DEVELOPED LIVING SPACE, this property features 5 BEDROOMS, 2 FULL BATHROOMS, AN ILLEGAL BASEMENT SUITE, AND A MASSIVE OVERSIZED DOUBLE DETACHED GARAGE, making it an excellent opportunity for homeowners, multi-generational families, or savvy investors. The main floor offers approximately 880 SQ. FT. ABOVE GRADE and showcases a bright and spacious living room highlighted by a cozy fireplace, a functional kitchen with ample cabinetry and dining space, a generous PRIMARY BEDROOM, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement features a SEPARATE ENTRANCE, its own kitchen, a large recreation/living area, 2 ADDITIONAL BEDROOMS, a 3-piece bathroom, laundry area, and plenty of storage space—providing excellent flexibility for extended family living or mortgage-helper potential. Recent upgrades include an UPGRADED WASHER AND DRYER and a NEWER HOT WATER TANK, offering added value and peace of mind. Additional conveniences include a CENTRAL VACUUM SYSTEM and a WHOLE-HOUSE WATER FILTRATION SYSTEM, enhancing everyday comfort and functionality. Outside, you'll appreciate the beautifully maintained yard, LARGE PRIVATE BACKYARD, expansive patio area, and an impressive OVERSIZED DOUBLE DETACHED GARAGE with approximately 597 SQ. FT. OF SPACE, perfect for vehicles, tools, hobbies, workshop use, or additional storage. Ample off-street parking further adds to the property's appeal. Ideally located close to schools, shopping, public transit, parks, playgrounds, major roadways, and downtown Calgary, this property offers the perfect blend of convenience, versatility, and income potential. Whether you're looking to live up and rent down, accommodate a growing or multi-generational family, or add a solid revenue property to your investment portfolio, this home delivers exceptional value and endless possibilities. DON'T MISS T HIS INCREDIBLE OPPORTUNITY! (id:63190)
Features & Amenities
Appliances
RefrigeratorOven - ElectricCooktop - ElectricHood FanWasher & Dryer
Exterior
Brick
Flooring
Laminate
Lot
TreedSee remarksBack lanePVC windowNo Animal HomeNo Smoking Home
Architectural Style
Bungalow
Room Details
RoomLevelDimensionsDescription
4pc BathroomMain level5.17 Ft x 10.83 Ft
BedroomMain level10.33 Ft x 10.67 Ft
BedroomMain level10.00 Ft x 12.17 Ft
HallMain level3.00 Ft x 9.83 Ft
OtherMain level12.08 Ft x 13.42 Ft
Living roomMain level14.25 Ft x 15.83 Ft
Primary BedroomMain level11.83 Ft x 12.17 Ft
3pc BathroomBasement6.42 Ft x 7.08 Ft
BedroomBasement11.50 Ft x 12.58 Ft
BedroomBasement10.25 Ft x 10.42 Ft
HallBasement3.33 Ft x 8.67 Ft
HallBasement7.08 Ft x 8.92 Ft
KitchenBasement8.08 Ft x 10.33 Ft
Laundry roomBasement7.25 Ft x 12.58 Ft
Recreational, Games roomBasement10.50 Ft x 13.00 Ft
StorageBasement3.67 Ft x 7.67 Ft
FurnaceBasement4.33 Ft x 5.92 Ft
FurnaceBasement1.42 Ft x 1.83 Ft
Location
1502 40 Street SE, Calgary, Alberta, T2A1K2
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Estimated Monthly Payment
$0
Principal & interest on a $0 mortgage at 5.25% for 25 years
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