1501 39 Street Se, Calgary, Alberta

$589,900

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5

Beds

2

Baths

867

Square feet

0.14

Acres

About 1501 39 Street Se

AN INCREDIBLE OPPORTUNITY FOR Investors, Builders, and Developers! This is your AMAZING CHANCE to own a rare CORNER LOT with BACK LANE, measuring 50 x 126 FT, and zoned RC-G. Imagine the potential – may build a 4-PLEX WITH LEGAL SUITES, creating a total of 8 UNITS. Location is key, a very big open Field is in front of the house adjacent to an Elementary School. This property is situated just 1 BLOCK FROM 17 AVE, placing you in the heart of a vibrant and sought-after area. The existing home is a charming bungalow with 3 bedrooms on the main level, 4 piece bathroom, offering comfortable living space. A separate side entrance leads to an illegal basement suite, providing additional 2 bedrooms, 3 piece bathroom, living space, or rental potential. Single detached garage and tons of street parking. Not ready to build right now? No problem, Live up and Rent down. This property presents a fantastic opportunity to LIVE, RENT, AND HOLD, allowing you to generate rental income while you plan your development project. The potential for growth and return on investment is huge. Don’t miss out on this exceptional opportunity to invest in a prime location with endless possibilities. Secure your future development project today!

Features of 1501 39 Street Se

MLS® # A2169147
Price $589,900
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 867
Acres 0.14
Year Built 1957
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 1501 39 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2A 1H8

Amenities

Parking Spaces 2
Parking Single Garage Detached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Laminate Counters
Appliances Dryer, Electric Stove, Range Hood, Refrigerator, Washer
Heating Forced Air
Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full, Exterior Entry, Suite

Exterior

Exterior Features Private Entrance
Lot Description Back Lane, Back Yard, Rectangular Lot, Corner Lot
Roof Asphalt Shingle
Construction Stucco
Foundation Poured Concrete

Additional Information

Date Listed September 27th, 2024
Days on Market 3
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGrand Realty

Listing Map