Office Listings
1527 49 Street SE
Forest Lawn
Calgary
T2A 1S2
$479,900
Residential
beds: 3
baths: 2.0
966 sq. ft.
built: 1962
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2306320
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1962
- Photos (35)
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**Rare Opportunity with Massive Potential in an Unbeatable Location!**
Properties like this are becoming increasingly hard to find. Located just steps from Ernie Starr Arena and Bob Bahan Aquatic & Fitness Centre, this property combines an exceptional location, oversized lot, abundant parking, and endless future potential — all at an attractive price point.
Situated on a quiet wide street with convenient access to schools, libraries, recreation centres, parks, shopping, transit, and International Avenue SE, this is an incredible opportunity for first-time buyers, renovators, investors, or anyone looking to secure a property with long-term upside.
The true showstopper is the **huge south-facing backyard** — a rare feature that provides all-day sunshine and an incredible amount of outdoor space to enjoy, garden, entertain, expand, or simply relax. Opportunities with this kind of yard space are becoming harder and harder to find in Calgary.
Adding even more value is the **oversized garage**, rear **RV parking**, and additional front parking pad — perfect for hobbyists, mechanics, extra vehicles, trailers, toys, or future workshop possibilities.
Inside, the home offers a fantastic canvas for someone with vision. While dated, it has solid fundamentals and tremendous potential to personalize, renovate, and build equity. The existing **hardwood floors** could be beautifully restored, adding warmth and character throughout the main level.
The current layout features an oversized primary bedroom created by combining two bedrooms, but it can easily be converted back to a three-bedroom layout if desired — offering flexibility for growing families or future resale value.
Major components such as the **roof, windows, and heating system appear to be in solid condition**, giving buyers added confidence as they plan cosmetic updates over time.
The basement previously contained an illegal suite, presenting additional redevelopment or income potential in the future (subject to city approval and permitting).
This is an **estate sale** being sold **“as is, where is,”** and the pricing reflects an outstanding opportunity for buyers who recognize value, space, and future potential when they see it.
Whether you are looking for your first home, an investment project, or a property with room to grow, this home offers possibilities that are difficult to replicate at this price point.
Opportunities like this do not come along often — especially with this much land, parking, sunlight, and potential in such a convenient location.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Yes
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 1
- Home Style:
- Bungalow
- Total Living Area:
- 965.8 sq. ft.89.7 m2
- Main Level Finished Area:
- 965.8 sq. ft.89.7 m2
- Acreage:
- No
- Lot Area:
- 6,264 sq. ft.582 m2
- Lot Frontage:
- 49'1¾"15 m
- Front Exposure:
- East
- Levels:
- One
- Total Rooms Above Grade:
- 5
- Year built:
- 1962 (Age: 64)
- Bedrooms:
- 3 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 6115HS
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, None
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- None
- Fireplaces:
- 1
- Fireplace Details:
- None
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Carport, Double Garage Detached, RV Access/Parking
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- In Basement
- Southeast
- Forest Lawn
- Dryer, Electric Stove, Refrigerator, Washer
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom - Primary
- 18'4"5.59 m × 11'3.35 m
- Main Floor
- Bedroom
- 9'9"2.97 m × 8'6"2.59 m
- Main Floor
- Living Room
- 13'10"4.22 m × 13'6"4.11 m
- Main Floor
- Dining Room
- 11'5"3.48 m × 7'3"2.21 m
- Main Floor
- Kitchen
- 11'5"3.48 m × 8'8"2.64 m
- Main Floor
- Pantry
- 1'7".48 m × 0'11".28 m
- Main Floor
- Entrance
- 7'9"2.36 m × 3'3".99 m
- Basement
- Bedroom
- 11'6"3.51 m × 10'11"3.33 m
- Basement
- Kitchen
- 11'3.35 m × 8'8"2.64 m
- Basement
- Family Room
- 25'6"7.77 m × 11'3.35 m
- Basement
- Office
- 10'11"3.33 m × 8'9"2.67 m
- Basement
- Laundry
- 11'2"3.40 m × 10'1"3.07 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- Lower Level
- No
- 3
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Pool, Schools Nearby, Shopping Nearby
- Interior Features:
- See Remarks
- Exterior Features:
- Other
- Patio And Porch Features:
- Deck
- Lot Features:
- Level, See Remarks
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- R-CG
- Listed Date:
- Apr 29, 2026
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Listed by MaxWell Capital Realty
Data was last updated May 26, 2026 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $479,900
- Min list price:
- $179,999
- Max list price:
- $679,000
- Avg days on market:
- 24
- Min days on market:
- 3
- Max days on market:
- 280
- Avg price per sq.ft.:
- $512.87
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- TRUDI BURNHAM
- MAXWELL CAPITAL REALTY
- 1 (403) 8606573
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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