1823 38 Street SE
Calgary T2B 0Z4
MLS® Number: A2302076
$ 550,000
6
BEDROOMS
3 + 0
BATHROOMS
984
SQUARE FEET
1963
YEAR BUILT
MC-1 ZONED | FULL-SIZE LOT | SUITED BUNGALOW | PRIME REDEVELOPMENT OPPORTUNITY Exceptional opportunity in the heart of Forest Lawn for builders, investors, and forward-thinking buyers. Located at 1823 38 Street SE, this full-size lot is already zoned MC-1, offering outstanding redevelopment potential in one of Calgary’s rapidly evolving inner-city corridors with strong nearby infill and revitalization activity. Buyers are encouraged to verify future land-use and development possibilities directly with the City of Calgary. The existing bungalow provides immediate holding income or multi-generational living options while you plan your next project. The main floor features 3 bedrooms, 1 bathroom, separate laundry, a bright dining area, and a spacious living room filled with natural light. The lower level offers a self-contained 2 bedroom, 2 bathroom suited basement, creating flexible rental or extended family living potential. Outside, enjoy a fully fenced backyard and a double detached garage complete with a newer heater, adding functionality and tenant appeal. Ideally positioned just minutes from 17 Avenue SE / International Avenue, with quick access to transit, shopping, restaurants, schools, and major commuter routes including Deerfoot Trail. Whether you're looking to hold, rent, renovate, or redevelop, this is a rare chance to secure an income-producing property with long-term upside in a high-growth location.
| COMMUNITY | Forest Lawn |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1963 |
| SQUARE FOOTAGE | 984 |
| BEDROOMS | 6 |
| BATHROOMS | 3.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Laminate, Vinyl |
| HEATING | Forced Air, Natural Gas |
| LAUNDRY | Lower Level, Main Level, Multiple Locations |
| LOT FEATURES | Back Lane, City Lot, Garden, Yard Lights |
| PARKING | Double Garage Detached, Heated Garage, Oversized |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | eXp Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 3pc Bathroom | Basement | |
| 4pc Bathroom | Basement | |
| Entrance | 2`11" x 6`1" | Basement |
| Living/Dining Room Combination | 10`1" x 12`8" | Basement |
| Kitchen | 11`1" x 12`2" | Basement |
| Bedroom | 8`11" x 12`0" | Basement |
| Bedroom | 10`8" x 11`8" | Basement |
| Bedroom | 7`3" x 9`8" | Basement |
| Laundry | 3`10" x 6`1" | Basement |
| 4pc Bathroom | Main | |
| Mud Room | 6`8" x 7`0" | Main |
| Laundry | 3`5" x 4`4" | Main |
| Bedroom | 8`8" x 11`6" | Main |
| Bedroom | 8`1" x 10`8" | Main |
| Bedroom - Primary | 11`5" x 12`2" | Main |
| Kitchen | 7`5" x 7`10" | Main |
| Dining Room | 6`3" x 8`3" | Main |
| Living Room | 11`8" x 13`5" | Main |