Property Details

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Featured in:

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1816 42 Street SE
Calgary (A2285724)

$474,900
3
2
850 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

CHECK OUT OUR 24/7 VIRTUAL OPEN HOUSE! Investors and savvy buyers—this is a rare inner-city opportunity with M-C1 zoning, offering long-term redevelopment potential (multi-residential density, up to 4 storeys, subject to city approval). Pair that with an existing legal up/down suite, and you’ve got the best of both worlds: income today + upside tomorrow. This beautifully maintained bungalow features 2 bedrooms and a 4-piece bath on the main level, plus a legal 1-bedroom basement suite with a 3-piece bath—ideal for investors, multi-generational living, downsizers, or owner-occupants wanting a reliable mortgage helper. The main floor has been tastefully refreshed with warm vinyl plank flooring, fresh paint and trim, and refurbished kitchen cabinets, creating a bright and welcoming space. Downstairs, the fully finished legal suite offers excellent flexibility for rental income or extended family. Outside, you’ll appreciate the large, level lot with extra rear/side parking (perfect for a boat or small RV), plus a double garage off the back lane for secure parking and storage. Added bonus: a new roof on both the house and garage (2024) for peace of mind. Centrally located close to Deerfoot Tr, shopping, schools, and public transit make this home perfect for any family at any stage of life. Whether you’re building your portfolio, planning future redevelopment, or looking for a home that helps pay for itself, this one checks all the boxes.

Property details

Basic Info

MLS® #
A2285724
Property Type:
Residential
Subtype:
Detached
Subdivision:
Forest Lawn
Price
$474,900
Sale/Lease:
For Sale
Size:
850 sq.ft.
Bedrooms:
3
Bathrooms:
2
Year Built:
1959 (67 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Alley Access, Double Garage Detached, Parking Pad, RV Access/Parking
Fence:
Fenced
Basement:
Full
Features:
See Remarks
Inclusions:
N/A
Appliances:
Dryer, Electric Range, Garage Control(s), Range Hood, Refrigerator, Washer, Window Coverings
Laundry:
In Basement
Exterior Features:
None
Patio/Porch Features:
Patio

Neighborhood Info

Nearby Amenities:
Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths

Lot / Land Info

Lot Size:
0.12 acres
Lot Features:
Back Lane, Back Yard, Landscaped, Low Maintenance Landscape, Rectangular Lot
Zoning:
M-C1

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Brick,Stucco,Vinyl Siding,Wood Frame
Floors:
Laminate, Linoleum, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths

Listing Info

Possession:
Negotiable
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Grassroots Realty Group Ltd.
1-833-477-6687

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