Opportunity knocks in Forest Lawn! This EXTENSIVELY RENOVATED bungalow sits on a massive 50' x 127' R-CG LOT — offering exceptional REDEVELOPMENT POTENTIAL alongside a fantastic income-generating opportunity today. The home features a FULLY LEGAL BASEMENT SUITE with its own SEPARATE WALK-UP ENTRANCE, plus additional basement access from the back, making it ideal for rental income, extended family, or multi-generational living.
The main level offers a bright, functional layout with an expansive living room, a large primary bedroom with a 2-piece ENSUITE, two additional oversized bedrooms sharing a 4-piece bathroom, and a dedicated main-floor laundry and storage room. Vinyl flooring runs throughout for a clean, modern look. Downstairs, the LEGAL SUITE includes a comfortable living area, two good-sized bedrooms, and a full 4-piece bathroom and separate laundry — bringing the home to a total of 5 BEDROOMS and 2.5 BATHROOMS. Outside, a BRAND NEW DOUBLE GARAGE adds even more value and convenience.
Whether you're an investor after strong rental returns, a multi-generational family, or a buyer eyeing long-term development potential on this generous R-CG lot, this Forest Lawn bungalow checks every box. Don't miss this rare combination of size, upgrades, and income potential.
Address
1527 52 Street SE
List Price
$604,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary E
Sub-Area
Forest Lawn
Bedrooms
5
Bathrooms
3
Floor Area
1,187 Sq. Ft.
Lot Size
6350 Sq M.
Year Built
1967
MLS® Number
A2339512
Listing Brokerage
PropZap Realty
Basement Area
Full
Postal Code
T2A 1T9
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Pool, Rectangular Lot, Sidewalks, Street Lights, Tennis Court(s)