1502 40 ST SE, Calgary, AB T2A 1K2
1502 40 ST SE, Calgary, AB T2A 1K2
1502 40 ST SE, Calgary, AB T2A 1K2
1502 40 ST SE, Calgary, AB T2A 1K2
1502 40 ST SE, Calgary, AB T2A 1K2
1502 40 ST SE, Calgary, AB T2A 1K2
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Derek J. Bryer

Derek J. Bryer

+1(587) 325-2992
$ 649,900
Est. payment | /mo

5 Beds

2 Baths

940 SqFt

Save Virtual Tour
$ 649,900
Est. payment | /mo
Save Virtual Tour

5 Beds

2 Baths

940 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 940 sqft

Price per Sqft $691

Subdivision Forest Lawn

MLS® Listing ID A2323322

Style Bungalow

Bedrooms 5

Full Baths 2

Year Built 1958

Annual Tax Amount $3,268

Tax Year 2026

Lot Size 5,102 Sqft

Acres 0.12

Property Sub-Type Detached

Source Calgary

Property Description

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!

Location

Province AB

County Calgary

Area Cal Zone E

Zoning R-CG

Direction W

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), Central Vacuum, No Animal Home, No Smoking Home, See Remarks, Separate Entrance, Storage, Vinyl Windows

Heating Central, Mid Efficiency, Forced Air, Natural Gas

Cooling None

Flooring Laminate

Fireplaces Number 2

Fireplaces Type Wood Burning

Inclusions NONE

Appliance Electric Cooktop, Electric Oven, Range Hood, Refrigerator, Washer/Dryer

Laundry Laundry Room

Exterior

Parking Features Double Garage Detached, Off Street

Garage Spaces 4.0

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Shingle

Porch Patio

Lot Frontage 50.0

Exposure W

Total Parking Spaces 4

Garage 1

Building

Lot Description Back Lane, Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Standard Shaped Lot, Street Lighting, Treed

Foundation Brick/Mortar

Architectural Style Bungalow

Level or Stories Bi-Level

Structure Type Brick

Others

Restrictions None Known

Tax ID 112457567

Ownership Private

Virtual Tour https://drive.google.com/file/d/1s2TevL-msOx5FBYe9KnKrLBWbDHDfvFm/view?ts=6a39aa0c

Listed by CIR Realty

Nearby Locations

Derek J. Bryer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(587) 325-2992

derek@derekjbryer.com

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1502 40 ST SE