1316 38 Street Se , Calgary, Alberta T2A 1G5 New For sale

$599,900

  • Description
    4 Bedroom 2 Bathroom 955.6 sqft
    Bungalow None Forced Air Lawn

    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! (id:51046)

  • Property Details
    • MLS® # A2203298
    • Property Type: Single Family
    • Community Name: Forest Lawn
    • Amenities Near By Park, Playground, Schools, Shopping
    • Features See Remarks, Other, Back Lane, French Door, Closet Organizers
    • Parking Space Total 4
    • Plan 2628hj
    • Structure Deck, See Remarks

    Building

    Bathroom Total 2
    Bedrooms Above Ground 3
    Bedrooms Below Ground 1
    Bedrooms Total 4
    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 1958
    Construction Material Wood Frame
    Construction Style Attachment Detached
    Cooling Type None
    Flooring Type Carpeted, Laminate, Tile
    Foundation Type Poured Concrete
    Heating Type Forced Air
    Stories Total 1
    Size Interior 955.6 Sqft
    Total Finished Area 955.6 Sqft
    Type House

    Parking

    Detached Garage 2
    Other
    Parking Pad

    Land

    Acreage No
    Fence Type Cross Fenced
    Land Amenities Park, Playground, Schools, Shopping
    Landscape Features Lawn
    Size Frontage 15.24 M
    Size Irregular 585.00
    Size Total 585 M2|4,051 - 7,250 Sqft
    Size Total Text 585 M2|4,051 - 7,250 Sqft
    Zoning Description R-cg

    Rooms

    Level Type Dimensions
    Basement Laundry Room 9.50 Ft x 6.00 Ft
    Basement Kitchen 9.92 Ft x 7.67 Ft
    Basement Family Room 11.58 Ft x 19.67 Ft
    Basement 4pc Bathroom 5.00 Ft x 9.42 Ft
    Basement Furnace 4.17 Ft x 6.75 Ft
    Basement Bedroom 21.58 Ft x 12.50 Ft
    Main Level Living Room 7.92 Ft x 12.75 Ft
    Main Level Dining Room 5.92 Ft x 15.67 Ft
    Main Level Kitchen 9.08 Ft x 13.75 Ft
    Main Level 4pc Bathroom 9.08 Ft x 5.00 Ft
    Main Level Bedroom 10.33 Ft x 8.25 Ft
    Main Level Bedroom 9.08 Ft x 13.25 Ft
    Main Level Primary Bedroom 13.83 Ft x 9.67 Ft

    Agents and Offices

    • Waras Japneet Singh Dhaliwal
    • Office: Real Broker
  • Aerial
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