1316 38 ST SE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2A 1G5
Key Details
Property Type Single Family Home
Sub Type Detached
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
Full Baths 2
Originating Board Calgary
Year Built 1958
Annual Tax Amount $2,792
Tax Year 2024
Lot Size 6,296 Sqft
Acres 0.14
Property Sub-Type Detached
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!
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction W
Rooms
Basement Separate/Exterior Entry,Finished,Full,Suite
Interior
Interior Features Closet Organizers,French Door,See Remarks,Separate Entrance,Storage
Heating Forced Air
Cooling None
Flooring Carpet,Laminate,Tile
Inclusions na
Appliance Dishwasher,Electric Stove,Range Hood,Refrigerator,Washer/Dryer
Laundry Common Area,See Remarks
Exterior
Parking Features Double Garage Detached,Off Street,Parking Pad
Garage Spaces 2.0
Garage Description Double Garage Detached,Off Street,Parking Pad
Fence Cross Fenced
Community Features Other,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Deck,Other,Patio,See Remarks
Lot Frontage 50.0
Total Parking Spaces 4
Building
Lot Description Back Lane,Back Yard,City Lot,Few Trees,Front Yard,Lawn,See Remarks,Street Lighting
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories Bi-Level
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 95110586
Ownership Private