1527 46 Street SE
Calgary T2A 1N7
MLS® Number: A2321172
$ 599,900
5
BEDROOMS
2 + 0
BATHROOMS
976
SQUARE FEET
1961
YEAR BUILT
Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail
| COMMUNITY | Forest Lawn |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1961 |
| SQUARE FOOTAGE | 976 |
| BEDROOMS | 5 |
| BATHROOMS | 2.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dryer, Electric Stove, Refrigerator, Washer, Window Coverings |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Hardwood, Laminate |
| HEATING | Forced Air |
| LAUNDRY | In Basement |
| LOT FEATURES | Back Lane, Rectangular Lot |
| PARKING | Parking Pad, Single Garage Detached |
| RESTRICTIONS | Airspace Restriction, None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | TREC The Real Estate Company |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Laundry | 5`11" x 7`2" | Basement |
| Kitchen | 11`1" x 15`0" | Basement |
| Living Room | 11`6" x 12`11" | Basement |
| Bedroom | 14`7" x 8`7" | Basement |
| Bedroom | 10`7" x 12`10" | Basement |
| 4pc Bathroom | 7`11" x 8`6" | Basement |
| Bedroom | 7`11" x 11`6" | Main |
| 4pc Bathroom | 7`9" x 4`10" | Main |
| Bedroom - Primary | 11`6" x 11`9" | Main |
| Bedroom | 11`7" x 8`2" | Main |
| Foyer | 5`2" x 3`8" | Main |
| Living Room | 15`3" x 10`2" | Main |
| Kitchen | 7`10" x 15`11" | Main |
| Dining Room | 7`9" x 5`10" | Main |
