JN REAL ESTATE GROUP

Forest Lawn

LIST PRICE

$630,000

1502 40 Street SE, Calgary · T2A 1K2

5 BEDROOMS · 2 BATHROOMS · 940 SQFT · BUILT 1958

MLS A2323322 · 17 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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 THIS INCREDIBLE OPPORTUNITY!

DETAILS

INTERIOR

BEDROOMS
5
FULL BATHS
2
HALF BATHS
0
LIVING AREA (SQFT)
940
FEATURES
Ceiling Fan(s) · Central Vacuum · No Animal Home · No Smoking Home · See Remarks · Separate Entrance · Storage · Vinyl Windows
APPLIANCES
Electric Cooktop · Electric Oven · Range Hood · Refrigerator · Washer/Dryer
FLOORING
Laminate
FIREPLACE
Wood Burning
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
Detached
STYLE
Bungalow
YEAR BUILT
1958
NEW CONSTRUCTION
No
CONSTRUCTION
Brick
ROOF
Shingle
FOUNDATION
Brick/Mortar

PARKING

GARAGE SPACES
4
TOTAL PARKING
4
PARKING
Double Garage Detached · Off Street

LOT & EXTERIOR

LOT SIZE (SQFT)
5,102
LOT SIZE (ACRES)
0.12
LOT
Back Lane · Back Yard · Corner Lot · Front Yard · Garden · Landscaped · Lawn · Standard Shaped Lot · Street Lighting · Treed
EXTERIOR
Garden · Private Yard
PATIO & PORCH
Patio
FENCING
Fenced

COMMUNITY

COMMUNITY
Forest Lawn
COMMUNITY FEATURES
Park · Playground · Schools Nearby · Shopping Nearby · Sidewalks · Street Lights
ZONING
R-CG
POSTAL CODE
T2A 1K2

UTILITIES & COSTS

HEATING
Central · Mid Efficiency · Forced Air · Natural Gas
COOLING
None
ANNUAL TAXES
$3,268

LISTING COURTESY OF PETER PASION · CIR REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.