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$649,900
New Listing

1502 40 Street SE
Calgary, AB T2A1K2

For Sale|Single Family Residence|Active
5
Beds
2
Total Baths
940
SqFt
$691
/SqFt
1958
Built
Subdivision:
Forest Lawn
Call Now: 403-918-1682
Is this the listing for you? We can help make it yours.
403-918-1682
1502 40 Street SE1502 40 Street SE1502 40 Street SE1502 40 Street SE
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Monthly Payment (Est.)

$2,965
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Welcome to this WELL-MAINTAINED BUNGALOW situated on a large lot in a convenient SE Calgary location. Offering over 1,700 SQ. FT. OF DEVELOPED LIVING SPACE, this property features 5 BEDROOMS, 2 FULL BATHROOMS, AN ILLEGAL BASEMENT SUITE, AND A MASSIVE OVERSIZED DOUBLE DETACHED GARAGE, making it an excellent opportunity for homeowners, multi-generational families, or savvy investors. The main floor offers approximately 880 SQ. FT. ABOVE GRADE and showcases a bright and spacious living room highlighted by a cozy fireplace, a functional kitchen with ample cabinetry and dining space, a generous PRIMARY BEDROOM, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement features a SEPARATE ENTRANCE, its own kitchen, a large recreation/living area, 2 ADDITIONAL BEDROOMS, a 3-piece bathroom, laundry area, and plenty of storage space—providing excellent flexibility for extended family living or mortgage-helper potential. Recent upgrades include an UPGRADED WASHER AND DRYER and a NEWER HOT WATER TANK, offering added value and peace of mind. Additional conveniences include a CENTRAL VACUUM SYSTEM and a WHOLE-HOUSE WATER FILTRATION SYSTEM, enhancing everyday comfort and functionality. Outside, you'll appreciate the beautifully maintained yard, LARGE PRIVATE BACKYARD, expansive patio area, and an impressive OVERSIZED DOUBLE DETACHED GARAGE with approximately 597 SQ. FT. OF SPACE, perfect for vehicles, tools, hobbies, workshop use, or additional storage. Ample off-street parking further adds to the property's appeal. Ideally located close to schools, shopping, public transit, parks, playgrounds, major roadways, and downtown Calgary, this property offers the perfect blend of convenience, versatility, and income potential. Whether you're looking to live up and rent down, accommodate a growing or multi-generational family, or add a solid revenue property to your investment portfolio, this home delivers exceptional value and endless possibilities. DON'T MISS T HIS INCREDIBLE OPPORTUNITY! (id:31684)

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Listing Snapshot
Price 
$649,900
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
940 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1171 Acres
Year Built 
1958
MLS® Number 
A2323322
Status 
Active
Property Tax 
N/A
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
8 hours agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Levels 
One
Parking 
Detached
Parking Spaces 
4
Property Sub Type 
Single Family Residence
SqFt Total 
940
Style 
Bungalow
Interior Features
Cooling 
None
Fireplace 
Yes
Fireplaces 
2
Flooring 
Laminate
Heating 
CentralForced AirNatural Gas
Bathroom 1 
Dimensions - 7.08 Ft x 6.42 FtLevel - Basement
Bathroom 2 
Dimensions - 10.83 Ft x 5.17 FtLevel - Main
Bedroom 1 
Dimensions - 12.58 Ft x 11.50 FtLevel - Basement
Bedroom 2 
Dimensions - 10.42 Ft x 10.25 FtLevel - Basement
Bedroom 3 
Dimensions - 10.67 Ft x 10.33 FtLevel - Main
Bedroom 4 
Dimensions - 12.17 Ft x 10.00 FtLevel - Main
Furnace 
Dimensions - 1.83 Ft x 1.42 FtLevel - Basement
Game Room 
Dimensions - 13.00 Ft x 10.50 FtLevel - Basement
Hall 
Dimensions - 8.67 Ft x 3.33 FtLevel - Basement
Kitchen 
Dimensions - 10.33 Ft x 8.08 FtLevel - Basement
Laundry 
Dimensions - 12.58 Ft x 7.25 FtLevel - Basement
Living Room 
Dimensions - 15.83 Ft x 14.25 FtLevel - Main
Master Bedroom 
Dimensions - 12.17 Ft x 11.83 FtLevel - Main
Other Room 1 
Dimensions - 13.42 Ft x 12.08 FtLevel - Main
Storage 
Dimensions - 7.67 Ft x 3.67 FtLevel - Basement
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Exterior Features
Exterior 
Garden
Fencing 
Fenced
Frontage 
15.24 m
Lot Features 
Landscaped

Listing courtesy of: Peter Pasion of CIR Realty

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. Used under license.

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. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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