1316 38 Street SE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2A1G5
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 955 sqft
Price per Sqft $628
Subdivision Forest Lawn
MLS Listing ID A2203298
Style Bungalow
Bedrooms 4
Originating Board Calgary Real Estate Board
Year Built 1958
Lot Size 6,296 Sqft
Acres 6296.8877
Property Sub-Type Freehold
Property Description
Welcome to this beautifully updated home in the rapidly redeveloping community of Forest Lawn! Offering rental income potential of up to $3,700/month, this versatile property is perfect for homeowners looking to live upstairs and rent downstairs or for investors seeking strong cash flow. Sitting on a large lot with future multi-family development possibilities, this home presents an excellent opportunity in a thriving neighborhood. The main floor boasts a bright and inviting open-concept layout, where a stylish feature wall in the living area adds character and charm. The space flows seamlessly into the dining area and a modern kitchen equipped with sleek finishes and stainless steel appliances. Three spacious bedrooms provide comfortable living, including one with direct access to a large deck—perfect for relaxing or entertaining. A beautifully updated 4-piece bathroom completes this level. Another separate rear entrance leads to the common laundry area and an income-generating illegal basement suite. The illegal basement suite features a generous living and dining area, a full kitchen, and a 4-piece bath. The large bedroom has the potential to be converted into two bedrooms, further maximizing rental income. Additional highlights include an oversized detached garage plus two extra parking spots in the back, with plenty of street parking available. Located in a community undergoing significant redevelopment, this home is close to top amenities, schools, shopping, dining, and public transit, with easy access to downtown. With its strong rental potential, future redevelopment possibilities, and prime location, this property is a must-see! Book your showing today! (id:24570)
Location
Province AB
Rooms
Kitchen 2.0
Extra Room 1 Basement 9.50 Ft x 6.00 Ft Laundry room
Extra Room 2 Basement 9.92 Ft x 7.67 Ft Kitchen
Extra Room 3 Basement 11.58 Ft x 19.67 Ft Family room
Extra Room 4 Basement 5.00 Ft x 9.42 Ft 4pc Bathroom
Extra Room 5 Basement 4.17 Ft x 6.75 Ft Furnace
Extra Room 6 Basement 21.58 Ft x 12.50 Ft Bedroom
Interior
Heating Forced air
Cooling None
Flooring Carpeted,Laminate,Tile
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Cross fenced
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lawn
Story 1
Architectural Style Bungalow
Others
Ownership Freehold