Connect

Find us on...

Dashboard

Login using...

Justin Havre Real Estate Team

Real Estate Advisor

  • Office 403.217.0003
Questions?

1516 47 Street Southeast, Calgary, Alberta – $598,000

  • 5 Beds
  • 2 Baths
  • 904 Sqft
  • .14 Acres
  • 5 Beds
  • 2 Baths
  • 904 Sqft
  • .14 Acres

1516 47 Street Southeast

Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development.

Essential Information

  • MLS® #A2197631
  • Price$598,000
  • Bedrooms5
  • Bathrooms2
  • Full Baths2
  • Square Footage904
  • Lot SQFT5,995
  • Year Built1959
  • TypeResidential
  • Sub-TypeDetached
  • StyleBungalow
  • StatusActive

Community Information

  • Address1516 47 Street Southeast
  • SubdivisionForest Lawn
  • CityCalgary
  • ProvinceAlberta
  • Postal CodeT2A 1R4

Amenities

  • Parking Spaces2
  • ParkingDouble Garage Detached
  • # of Garages2

Interior

  • Goods IncludedSee Remarks
  • HeatingForced Air, Natural Gas
  • CoolingNone
  • Has BasementYes
  • Basement DevelopmentFinished, Full
  • Basement TypeFinished, Full
  • FlooringLaminate, Linoleum

Appliances

Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer

Exterior

  • Exterior FeaturesNone
  • RoofAsphalt Shingle
  • ConstructionVinyl Siding, Wood Frame
  • FoundationBrick/Mortar
  • Front ExposureW
  • Frontage Metres15.24M 50`0"

Lot Description

Landscaped, Low Maintenance Landscape, Rectangular Lot

Site Influence

Landscaped, Low Maintenance Landscape, Rectangular Lot

Additional Information

  • ZoningR-CG

Room Dimensions

  • Kitchen9`7 x 14`11
  • Living Room13`5 x 15`6
  • Master Bedroom9`7 x 11`2
  • Bedroom 210`0 x 10`5
  • Bedroom 310`0 x 8`0
  • Bedroom 410`9 x 11`6

Listing Details

  • OfficeRoyal LePage METRO

Schedule a Tour

Wednesday
25
Jun
Thursday
26
Jun
Friday
27
Jun
Saturday
28
Jun
Sunday
29
Jun
Monday
30
Jun
Tuesday
1
Jul
Wednesday
2
Jul
Thursday
3
Jul
Friday
4
Jul
Saturday
5
Jul
Sunday
6
Jul
Monday
7
Jul

Take a tour with a buyer's agent

Request this time
It's free, with no obligation - cancel any time.
Please provide a valid email address.

Disclaimer and Acknowledgment

I acknowledge and authorize calgaryhomes.ca and Justin Havre of eXp Realty to refer me to a suitable agent(s) in a home purchase, sale and/or mortgage approval. In such case, I also acknowledge and authorize that the referred agent(s) may pay a referral fee. (This does not constitute a formal buyers brokerage agreement nor compel me to use the referred agent(s)). My information will not be disclosed to any party in any way not associated with the Privacy Policy.

Royal LePage METRO.

MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated on June 24th, 2025 at 5:00am MDT.

CalgaryHomes.ca