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
Address
1527 46 Street SE
List Price
$578,000
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
976 Sq. Ft.
Lot Size
5995 Sq M.
Year Built
1961
MLS® Number
A2321172
Listing Brokerage
TREC The Real Estate Company
Basement Area
Full
Postal Code
T2A 1N7
Zoning
R-CG
Site Influences
Back Lane, Schools Nearby, Shopping Nearby, Park, Playground, Rectangular Lot