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1527 52 Street Se Calgary, Alberta T2A 1T9

$514,900

MLS® Number: A2271011 Bedrooms: 5 Bathrooms: 3 Square Footage: 1192 sqft Community: Forest Lawn
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Opportunity knocks again in Forest Lawn with this exceptionally spacious bungalow, complete with a fully LEGAL basement suite and located on a generous 50' x 127' R-CG lot—zoned R-CG even before the city’s blanket rezoning initiative. This property offers a rare combination of size, upgraded features, income potential, and long-term redevelopment value. BASEMENT ACCESS FROM THE BACK AND THERE IS A SEPARATE ENTRANCE FOR THE BASEMENT IN THE FRONT OF THE HOME AS WELL! The main level welcomes you with an expansive living room that provides plenty of space for relaxation and entertaining. The large primary bedroom includes a convenient 2-piece ensuite, while two additional oversized bedrooms share a well-maintained 4-piece bathroom. The layout is bright and functional, with vinyl flooring throughout for a clean, modern look. A dedicated storage room on the main floor adds even more practicality to the space.A separate walk-up entrance leads to the LEGAL basement suite, making it ideal for rental income, extended family, or multi-generational living. The lower level features a comfortable living area, two good-sized bedrooms, and a full 4-piece bathroom—bringing the home to a total of 5 bedrooms and 2.5 bathrooms. A shared laundry room is easily accessible to both upper and lower occupants when tenanted.The home has seen continuous care and thoughtful upgrades over recent years, including a new roof, new vinyl-framed windows, new vinyl flooring in the legal basement suite, and updated flooring throughout the entire home. These improvements enhance comfort, efficiency, and durability, allowing the next owner to simply move in or start renting right away.Whether you're searching for a home to live in while generating rental income, a fully rentable property with strong returns, or a strategic holding asset with redevelopment potential, this property checks every box. The large R-CG lot provides excellent future flexibility for building and development options.Mov e-in ready, well-updated, and loaded with opportunity, this Forest Lawn bungalow offers outstanding value for homeowners and investors alike. Don’t miss your chance to secure this versatile property with endless possibilities. (id:37074)

Property Features

Style: Bungalow Cooling: None Heating: Forced Air

Property Details

MLS® Number A2271011
Property Type Single Family
Neigbourhood Forest Lawn - Forest Heights
Community Name Forest Lawn
Amenities Near By Park, Playground, Recreation Nearby, Schools, Shopping
Features See Remarks, Back Lane
Parking Space Total 2
Plan 5519ac
Structure None

Parking

Other

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1967
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco
Flooring Type Vinyl
Foundation Type Poured Concrete
Half Bath Total 1
Heating Type Forced Air
Stories Total 1
Size Interior 1,192 Ft2
Total Finished Area 1192 Sqft
Type House

Rooms

Level Type Dimensions
Basement Recreational, Games Room 15.50 Ft x 18.58 Ft
Basement Kitchen 12.92 Ft x 13.00 Ft
Basement Bedroom 9.08 Ft x 10.92 Ft
Basement Bedroom 9.08 Ft x 12.92 Ft
Basement 4pc Bathroom Measurements not available
Main Level Living Room 18.67 Ft x 12.83 Ft
Main Level Dining Room 8.92 Ft x 10.83 Ft
Main Level Kitchen 13.42 Ft x 15.67 Ft
Main Level Primary Bedroom 11.17 Ft x 12.00 Ft
Main Level 2pc Bathroom Measurements not available
Main Level Bedroom 7.83 Ft x 12.50 Ft
Main Level Bedroom 9.92 Ft x 12.50 Ft
Main Level 4pc Bathroom Measurements not available

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Recreation Nearby, Schools, Shopping
Size Depth 38.71 M
Size Frontage 15.32 M
Size Irregular 590.00
Size Total 590 M2|4,051 - 7,250 Sqft
Size Total Text 590 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.

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