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1827 39 Street SE
Forest Lawn
Calgary
T2B 1A2
$625,000
Residential
beds: 5
baths: 2.0
1,063 sq. ft.
built: 1958
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2278020
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1958
- Photos (12)
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KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is ideally located just steps from International Avenue (17 Ave SE), offering excellent access to transit, restaurants, and local services. Zoned MC-1, the property presents strong rental income today with future redevelopment potential including the opportunity to build up to 8-unit complex, as on similar nearby lots.The main floor features 3 bedrooms, a full bathroom, a spacious living room area, and a functional kitchen. The legal basement suite includes 2 bedrooms, kitchen, living space, and shared laundry. With the raised bungalow design, the lower level gets great light throughout. Both upper and lower units are tenant-occupied, generating immediate income while you plan updates or future permitting. A sunny west-facing backyard and single detached garage, all just minutes from downtown and major routes. A solid buy-and-hold, income-generating property in one of Calgary’s most active investment corridors.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 1
- Num Illegal Suites:
- 0
- Home Style:
- Bungalow
- Total Living Area:
- 1,063.44 sq. ft.98.8 m2
- Main Level Finished Area:
- 1,063.44 sq. ft.98.8 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 878.3 sq. ft.81.6 m2
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 6,310 sq. ft.586 m2
- Lot Frontage:
- 50'1"15.3 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Front Exposure:
- Southeast
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Bi-Level
- Total Rooms Above Grade:
- 6
- Year built:
- 1958 (Age: 68)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:1, Half:1)
- Plan:
- 1505HB
- Heating:
- Forced Air
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Ceramic Tile, Hardwood, Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 1
- Parking:
- Additional Parking, Alley Access, Parking Pad, Single Garage Detached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Common Area, Lower Level
- Forest Lawn
- Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
- Electric Stove x2, Refrigerator x2, Dishwasher, Washer/Dryer.
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 19'8"5.99 m × 13'4"4.06 m
- Main Floor
- Kitchen
- 14'6"4.42 m × 10'3"3.12 m
- Main Floor
- Bedroom
- 10'3"3.12 m × 10'3"3.12 m
- Main Floor
- Bedroom
- 11'11"3.63 m × 10'3"3.12 m
- Main Floor
- Bedroom - Primary
- 13'2"4.01 m × 11'4"3.45 m
- Main Floor
- Living Room
- 19'8"5.99 m × 13'4"4.06 m
- Basement
- Living Room
- 19'1"5.82 m × 13'4"4.06 m
- Basement
- Kitchen
- 13'3.96 m × 9'11"3.02 m
- Basement
- Bedroom
- 13'1"3.99 m × 13'3.96 m
- Basement
- Bedroom
- 13'3.96 m × 7'8"2.34 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 5'8" x 5'
- Basement
- No
- 2
- 5'1" x 6'5"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Schools Nearby
- Interior Features:
- Vinyl Windows
- Exterior Features:
- None, Other
- Patio And Porch Features:
- Other
- Lot Features:
- Landscaped
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- M-C1
- Listed Date:
- Jan 24, 2026
- Days on Mkt:
- Signup
Larger map options:
Listed by RE/MAX Complete Realty
Data was last updated January 24, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $527,450
- Min list price:
- $149,900
- Max list price:
- $699,900
- Avg days on market:
- 68
- Min days on market:
- 16
- Max days on market:
- 847
- Avg price per sq.ft.:
- $481.14
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Gordon Group
- CIR Realty
- 403.891.8027
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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.














