Price Reduction - Golf Course
Listing Provided Courtesy Of:
1527 42 Street SE Calgary, AB
$ 320,000
Property Attributes
  • ML#A1079125
  • TypeSingle Family
  • CityCalgary
  • AreaCalgary - Zone E
  • NeighbourhoodForest Lawn
  • Postal CodeT2A 1L7
  • StyleBungalow
  • Price$ 320,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage803
  • Lot Size6,092 SqFt
Listing Provided Courtesy Of:
Data Source:
Calgary Real Estate Board Cooperative
Property Description

ATTENTION INVESTORS | ILLEGAL UP + DOWN SUITE GENERATING $1950 PER MONTH WITH LONG TERM RENTERS | R-CG | 50 X 120' | This great investment, illegally suited, bungalow is within walking distance to shops, restaurants, schools and the new rapid transit line. This raised bungalow has been well-maintained with many upgrades over the years including a new garage roof (2015), new hot water tank (April 2018), new washer and dryer (February 2021). Spacious and bright offering 2 rental opportunities with separate entrances and already has tenants! The main floor features a ton of natural light, large bedrooms and since it is within walking distance to schools and has an oversized secluded yard, it is ideal for a growing family. The basement is private from the upstairs, making it optimal for another rental suite (illegal) and giving you the convenience of having two rental properties in one or mortgage helper. The garage is equipped with 220V wiring and can easily be rented separately. Extra parking is found on the driveway or plentiful on the street. 2 sheds, mature trees and established landscaping adorn the massive yard, privately nestled behind the fence and garage. The upstairs tenant’s lease is month to month at $1100.00 and the long term (since November 2012) downstairs tenant’s lease is up on October 31, 2021 with a current rent of $850.00. This unbeatable location provides easy access to downtown, Deerfoot Trail and is part of the City’s new redevelopment plan that includes the revitalization of International Avenue. This is your chance to get in on this increasingly desirable neighbourhood.

Price History
3/10/2021 Listed $325,000
4/8/2021 2% - $320,000

General Features

Arch Style Bungalow
Community Features Golf, Park, Schools Nearby, Playground, Pool, Sidewalks, Street Lights, Shopping Nearby
Condo Type Not a Condo
Construction Materials Metal Siding, Wood Frame
Cooling None
District CAL Zone E
Flooring Hardwood, Linoleum
Heating Forced Air, Natural Gas
Property SubType Detached
Property Type Residential
Roof Asphalt Shingle
Structure Type House
Subdivision Name Forest Lawn
Suite Suite - Illegal
Transaction Type For Sale
Zoning R-CG

Interior Features

Basement Finished, Full, Suite
Bedrooms Above Grade 2
Below Grade Finished Area 803.16
Building Area Total Metres 0.00
Building Area Total Sf 0.00
Full Baths 2
Interior Features See Remarks, Separate Entrance
Laundry Features In Unit, Laundry Room
Main Level Areas SquareFeet
Main Level Finished Area 803.16
Main Level Finished Area Metres 74.62
Main Level Finished Area Sf 803.16
Main Level Finished Area Srch Sq 803.16
Total Baths 2
Total Bedrooms 3

Exterior Features

Public Remarks ATTENTION INVESTORS | ILLEGAL UP + DOWN SUITE GENERATING $1950 PER MONTH WITH LONG TERM RENTERS | R-CG | 50 X 120' | This great investment, illegally suited
Building Area Total 0.00
Exterior Features Private Entrance, Private Yard
Fencing Fenced
Foundation Poured Concrete
Frontage Length 15.23M 50`0
Garage Y/N Yes
Inclusions 2 sheds, 2nd refrigerator and 2nd stove in basement suite.
Lot Description Back Lane, Back Yard, Fruit Trees/Shrub(s), Front Yard, Landscaped, Many Trees, Street Lighting, Rectangular Lot
Lot Size Acres 0.14
Parking Features Additional Parking, Driveway, Enclosed, Garage Faces Rear, Single Garage Detached
Parking Total 2
Patio And Porch Features Patio


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T2A 1L7

AVG $320K
AVG 82
Year Built
AVG 1957

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