1502 40 Street Southeast. Calgary, Alberta T2A 1K2
MLS® A2334579 is as 940sqft Home located at 1502 40 Street Southeast, in Calgary Alberta. The property features 5 bedrooms, and 2 bathrooms.
Description
SHOWS 10/10! ATTENTION FIRST-TIME HOMEBUYERS, BUILDERS AND DEVELOPERS! This property is a CORNER LOT HOME and presents an outstanding opportunity in a growing area with excellent access to transit, schools, parks, and shopping. EXPLORE THE POTENTIAL FOR FUTURE MULTI-UNIT REDEVELOPMENT, including a 4-plex, subject to City of Calgary approval and all applicable regulations. 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, BASEMENT SUITE (Illegal), 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 THIS INCREDIBLE OPPORTUNITY!
Welcome to the vibrant Forest Lawn community, located in Calgary, T2A 1K2
Interested in learning more about homes for sale in Forest Lawn? Read more information about MLS Number #A2334579 here! 1502 40 Street Southeast was built in 1958 and has 940 SqFt, compared to an average square footage of 977 SqFt, and an average year built of 1968 in Calgary.
Do you want to learn more about MLS Number #A2334579? Justin Havre Real Estate Team is the top real estate seller and buyer in Calgary, Alberta. Our REALTORS® are among the best in Calgary, and we are committed to providing an outstanding service to our clients. Contact Justin Havre Real Estate Team at 403-217-0003 and one of our agents will get back to you ASAP!
1502 40 Street Southeast - Subdivision Statistics
| Avg. asking price | $428,564 |
| Price per sq. ft. | N/A |
| Number of homes for sale in Forest Lawn | 35 |
| Number of homes for sale in Calgary | 7620 |
| Avg. Days on Market | 50 |
Essential Information
Amenities
- Parking Spaces4
- # of Garages4
Interior
Appliances
Electric Cooktop, Electric Oven, Range Hood, Refrigerator, Washer/Dryer
Exterior
- Exterior FeaturesGarden, Private Yard
- RoofShingle
- ConstructionBrick
- FoundationBrick/Mortar
- Front ExposureW
- Frontage Metres15.24M 50`0"
Site Influence
Back Lane, Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Standard Shaped Lot, Street Lighting, Treed
Room Dimensions
- Kitchen13`5" x 12`1"
- Living Room15`10" x 14`3"
- Master Bedroom12`2" x 11`10"
- Bedroom 210`8" x 10`4"
- Bedroom 312`2" x 10`0"
- Bedroom 412`7" x 11`6"
Community Information
- Address1502 40 Street Southeast
- SubdivisionForest Lawn
- CityCalgary
- ProvinceAlberta
- Postal CodeT2A 1K2
Parking
Goods Included
Ceiling Fan(s), Central Vacuum, No Animal Home, No Smoking Home, See Remarks, Separate Entrance, Storage, Vinyl Windows
Heating
Lot Description
Back Lane, Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Standard Shaped Lot, Street Lighting, Treed
Additional Information
- ZoningR-CG
Listing Details
- Listing OfficeCIR Realty
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| Current Listings: | 45 |
| Avg Price/SqFt: | $503 |
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| Avg Price/SqFt: | $0 |

















































