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2615/2613 39 Street SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2341560
2615/2613 39 Street SE Calgary T2B 1A8 
$809,900Residential- Status:
- Active
- MLS® Num:
- A2341560
- Bedrooms:
- 10
- Bathrooms:
- 5
- Floor Area:
- 3,242 sq. ft.
A rare FULL DUPLEX OPPORTUNITY with exceptional flexibility, multiple (FOUR) existing living spaces and incredible potential for an investor, multi-generational household, or owner looking to offset their mortgage with rental income. Offering over 3200sf above grade between both sides, this unique property provides a variety of possibilities both now and in the future. One side features a spacious 1760sf TWO STOREY HOME WITH FULLY DEVELOPED BASEMENT. Keep the home as one large residence, live here while generating income from the neighbouring units, or explore the potential to create an additional basement suite with its own separate entrance (subject to city requirements). The two storey side does require some TLC, but its size and layout offer an excellent opportunity to renovate and add value. The adjoining 1450sf BUNGALOW adds even more versatility. Its lower level already includes an EXISTING 1-BEDROOM LEGAL SUITE, along with an ADDITIONAL STUDIO STYLE LIVING SPACE with a kitchenette. The bungalow also benefits from an existing SEPARATE SIDE ENTRANCE, helping provide privacy and independence between living areas. For an investor with vision, the property offers the potential for UP TO FIVE SELF-CONTAINED LIVING SPACES across the entire duplex (subject to city requirements). Alternatively, occupy one side and rent the other, accommodate extended family while maintaining separate spaces, or simply hold the property as a substantial full-duplex rental. Outside, the property is already well designed for multiple households. The backyards are SEPARATELY FENCES, each with its own access to the EXPANSIVE REAR PARKING PAD spanning the width of the property. There is also significant potential to further develop the parking area with up to two garages or one oversized garage. Big properties create big possibilities, and this one offers a combination of space, existing rental infrastructure and future value-add potential that is difficult to find. Whether your vision is a multi-unit investment, mortgage-helper setup, multi-generational property or renovation project, there is plenty here to work with. More detailsListed by RE/MAX First- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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1106 39 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2309637
1106 39 Street SE Calgary T2A 1E4
$679,000Residential- Status:
- Active
- MLS® Num:
- A2309637
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,201 sq. ft.
For more information, please click the "More Information" button. Incredible investment opportunity! This fully renovated home is perfect for investors or homeowners looking to offset their costs with potential strong rental income. This property offers the ideal setup to live comfortably. Extensively updated from top to bottom, the home features a brand-new roof, windows, kitchens, bathrooms, flooring, new deck, concrete sidewalks, and a brand-new hot water tank. The furnace is only 7 years old, providing added peace of mind. The basement includes a legal 1-bedroom suite currently rented and a secondary illegal studio. The double heated garage is a mechanic’s dream, complete with 220V wiring offering additional income potential. Outside, the large parking pad beside the garage provides enough space for two RV trailers. Furnace as is. Conveniently located within a 15-minute walk to the LRT and Marlborough Shopping Mall, this property combines excellent cash flow, extensive upgrades, and a prime location. More detailsListed by Easy List Realty- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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2211 45 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2340904
2211 45 Street SE Calgary T2B 1K1
$615,000Residential- Status:
- Active
- MLS® Num:
- A2340904
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,120 sq. ft.
Click brochure link for more details** One of a Kind Professionally Renovated Top to Bottom 1150sq.ft. Main Floor: 2 Bedrooms, Forced Air Furnace + A/C Heat Pump, Double Oven, Side by Side Fridge, Dishwasher, Sounds Around System Throughout Interior and Exterior Deck, Large 2 -tier Deck, Eight Person Hot Tub With 82 jets, Gas Barbeque Hook up, Outdoor Pet Washing Area on Deck H/C Water, Alarm system, Central Vacuum System, Alarm System, Washer/Dryer, Kinetic Soft Water System. -Basement: Legal Secondary Suite $1300 per month, Private Entrance, 1 Bedroom With Walk in Closet, Soundproofing Ceiling With Flush Mounted Pot Lights Throughout, Full Kitchen, With All Appliances Four Piece Bathroom, Stackable Washer and Dryer, Alarm System -Land: Fenced 6' High, Custom Gates, Underground Sprinklers, 8'x10' Garden Shed. Garage: Triple Car Garage 850 sq. ft., With 13' Ceiling, Car Lift Ready, in Floor Heating + Overhead Gas Furnace, 80 Gallon Compressor Plumbed to all Interior Walls, Checker Plated Work Benches Both With Solid Oak Tops, Floor to Ceiling Storage Racks, 30' Full Length Mezzanine on Single Garage Door Side, Stereo System and Speakers, Privacy Wall for RV Parking With a 30 Amp RV Plug 10 Min. From City Centre, 20 min. to Airport 2211 45 Street SE Calgary Alberta More detailsListed by Honestdoor Inc.- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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2622 42 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2335671
2622 42 Street SE Calgary T2B 1G7
$599,900Residential- Status:
- Active
- MLS® Num:
- A2335671
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 991 sq. ft.
An exceptional opportunity for developers, investors, and builders in a rapidly transforming inner-city corridor. Situated on a large 50' x 122' RC-G lot, this property comes with Development Permit (DP) approval from the City of Calgary for an 8-unit residential project, allowing you to fast-track your next development. This lot is exception for building as its a flat lot with no power poles and very few trees. The surrounding area is experiencing significant revitalization, with numerous newly completed and approved multi-family projects nearby, making this an outstanding investment in one of southeast Calgary's emerging redevelopment pockets. The existing bungalow offers excellent holding income while you plan your project, featuring 3 bedrooms on the main floor and a 2-bedroom illegal basement suite with a separate entrance. Recent updates include new shingles on both the house and detached garage as well as a new sewer line from the home to the city connection. The main floor showcases original hardwood flooring beneath the living room carpet, a cozy wood-burning fireplace, a spacious kitchen and dining area, three generous bedrooms, and a full bathroom. The basement includes a shared laundry area, full kitchen, large living room, two bedrooms, a 3-piece bathroom, and additional storage. Perfectly positioned at 2622 42 Street SE, this property offers exceptional convenience with schools, parks, playgrounds, public transit, and shopping all within walking distance. Residents will appreciate quick access to 17 Avenue SE (International Avenue), a vibrant destination known for its diverse restaurants, cafés, grocery stores, and everyday amenities. Major routes including Memorial Drive, Deerfoot Trail, and Stoney Trail provide easy commuting throughout Calgary, while downtown is just a short drive away. Whether you're looking to develop immediately with an approved 8-unit project, hold as an income-producing property, or renovate for future appreciation, opportunities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location. More detailsListed by Real Broker- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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2028 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2352090
2028 43 Street SE Calgary T2B 1H3
$599,000Residential- Status:
- Active
- MLS® Num:
- A2352090
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,395 sq. ft.
RARE APPROVED 8-UNIT DEVELOPMENT SITE | 50' x 122' R-CG | FOREST LAWN | READY TO ADVANCE TOWARD CONSTRUCTION Investors and developers — this is an opportunity to acquire an already-approved multi-family infill project and bypass much of the time, cost and uncertainty normally associated with starting a new development. Located in Calgary's Forest Lawn redevelopment corridor, this 50' x 122' R-CG site has an APPROVED Development Permit for TWO DUPLEXES containing EIGHT self-contained residential units**, plus FOUR detached garages. 8 UNITS. APPROVED DESIGN. SIGNIFICANT TIME SAVINGS. The approved project provides approximately: 8 self-contained residential units, approximately 1,270 sq. ft. above grade per unit, approximately 500 sq. ft. of developed legal basement space/ unit, 4 detached garages, 2 modern duplex buildings, Approved Development Permit, DSSP approval, Building plans available, Demolition process underway. This is not a speculative rezoning play. The development entitlement is already substantially advanced, allowing the next owner to focus on financing, Building Permit completion and construction rather than starting the planning process from zero. BUILT FOR INVESTORS AND DEVELOPERS The property offers multiple potential exit strategies: BUILD & SELL: Construct and sell the completed units individually, subject to market conditions and applicable requirements. BUILD & HOLD: Retain the completed units as a multi-family rental portfolio and build long-term equity and rental income. DEVELOP & PARTNER: A qualified investor or developer can potentially structure a joint venture using the approved development as the foundation for the project. FINANCING STRATEGY: The approved eight-unit configuration may be suitable for financing strategies available to qualifying multi-family projects, including potential CMHC programs, subject to current program requirements, lender approval and project eligibility. The purchaser acquires an opportunity with an approved Development Permit, approved development configuration and supporting plans already in place, creating a substantially shorter path toward construction. The seller is also prepared to assist with the applicable partial Building Permit process, subject to City requirements and mutually agreed transaction terms. The location provides convenient access to established amenities while offering exposure to ongoing infill and redevelopment activity in the surrounding area. FLEXIBLE DEAL STRUCTURES AVAILABLE (Qualified purchasers are invited to discuss): Joint-venture opportunities, Vendor-take-back financing, Traditional purchase, Other mutually acceptable transaction structures. More detailsListed by URBAN-REALTY.ca- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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1502 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2341465
1502 40 Street SE Calgary T2A 1K2
$580,000Residential- Status:
- Active
- MLS® Num:
- A2341465
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 940 sq. ft.
SHOWS 10/10! ATTENTION FIRST-TIME HOMEBUYERS, BUILDERS AND DEVELOPERS! This property is a CORNER LOT HOME and presents an outstanding opportunity in a growing area with excellent access to transit, schools, parks, and shopping. EXPLORE THE POTENTIAL FOR FUTURE MULTI-UNIT REDEVELOPMENT, including a 4-plex, subject to City of Calgary approval and all applicable regulations. 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, BASEMENT SUITE (Illegal), 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! More detailsListed by CIR Realty- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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1527 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2321172
1527 46 Street SE Calgary T2A 1N7
$578,000Residential- Status:
- Active
- MLS® Num:
- A2321172
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 976 sq. ft.
Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail More detailsListed by TREC The Real Estate Company- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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4004 14 Avenue SE in Calgary: Forest Lawn Detached for sale : MLS®# A2320679
4004 14 Avenue SE Calgary T2A 6P8
$565,000Residential- Status:
- Active
- MLS® Num:
- A2320679
- Bedrooms:
- 6
- Bathrooms:
- 3
- Floor Area:
- 1,136 sq. ft.
Click brochure link for more details** RENOVATED 6-BEDROOM HOME + LEGAL SUITE — AMAZING VALUE! An incredible opportunity for homeowners and investors! This beautifully renovated bi-level offers 3 bedrooms + 2 bathrooms upstairs and a LEGAL 3-bedroom basement suite with its own private entrance and separate laundry. The bright upper level features an open-concept kitchen with quartz countertops, large island, stainless steel appliances, updated cabinetry, renovated bathrooms and modern flooring throughout. The legal basement suite is ideal for rental income, extended family, or helping offset your mortgage. Outside you’ll find a large fenced yard, detached garage and ample parking. Conveniently located near schools, shopping, transit and major routes. 6 Bedrooms • 3 Bathrooms • Legal Suite • Separate Laundry • Detached Garage • Renovated & Move-In Ready Now $585,000 — exceptional value for a home with this much space and income potential. Quick possession available! More detailsListed by Honestdoor Inc.- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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2016 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2354237
2016 46 Street SE Calgary T2B 1K6
$549,900Residential- Status:
- Active
- MLS® Num:
- A2354237
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,001 sq. ft.
EXCELLENT PROPERTY - PERFECT for 1st TIME HOME BUYERS or INVESTORS! This Home has 5 bedroom Bungalow with 2 full bathrooms is situated on a large West facing lot, that is zoned RCG, with a Legal Suite, on a very quiet street close to everything that Forest Lawn has to offer. The spacious main floor features large sunny windows, fresh paint & baseboards throughout, newer luxury vinyl plank flooring, updated white kitchen, 3 bedrooms and a 4 pc bath. The lower level - Legal Suite features low maintenance luxury vinyl plank throughout, a good sized main living area and a Full kitchen with a dishwasher, electric stove, refrigerator and a microwave/hoodfan. There are 2 bedrooms and an updated 4 piece bathroom. Other improvements include a newer Patio Doors leading to the Deck, Newer Roof in 2014, New eavestroughs in 2026, the Furnace was replaced in 2018 and the Hot Water tank was replaced in 2017. This EXCELLENT property is close to Public Transit, tons of shopping, lots of schools and numerous neighbourhood playgrounds and Elliston Park. Don't miss your chance to view this great property! Book your private showing today! More detailsListed by Real Estate Professionals Inc.- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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2035 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2352390
2035 47 Street SE Calgary T2B 1L4
$545,000Residential- Status:
- Active
- MLS® Num:
- A2352390
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 987 sq. ft.
A bright, inviting home with thoughtful updates, a beautiful yard and room to grow. Welcome to 2035 47 Street SE in the established community of Forest Lawn. With approximately 980 sq. ft. on the main floor, this home offers a comfortable layout with three bedrooms, a full 4-piece bathroom and generous living spaces that make the most of every square foot. Large windows bring natural light into the living room, creating a welcoming space to relax or gather with family. The spacious kitchen offers room for everyday cooking and dining, while the neutral finishes throughout provide an easy backdrop for your own style. Downstairs, the developed basement adds valuable space and flexibility. A recreation room offers space for movie nights, hobbies or a second family gathering area, while two additional rooms offer potential for future bedrooms, subject to applicable requirements. A kitchen and 3-piece bathroom are already in place, along with a laundry area, giving buyers a starting point to explore a future mortgage helper, subject to City approvals and any required upgrades. Outside, the attractive yard provides space to garden, enjoy summer barbecues or simply unwind. Updates to the windows, siding, roof, soffit, fascia and gutters add to the home’s appeal, with the distinctive red and white exterior giving it a welcoming presence. Set in a convenient southeast location, this property brings together comfortable main floor living, useful outdoor space and a flexible lower level. Whether you are purchasing your first home, making room for extended family or exploring future income potential, this is a home with options for the years ahead. More detailsListed by REMAX Innovations- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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2232 42 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2354739
2232 42 Street SE Calgary T2B 1G5
$540,000Residential- Status:
- Active
- MLS® Num:
- A2354739
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 951 sq. ft.
LIVE UPSTAIRS OR DOWNSTAIRS — LET RENTAL INCOME HELP PAY YOUR MORTGAGE! REGISTERED LEGAL BASEMENT SUITE | DOUBLE DETACHED GARAGE | $3,000 CURRENT COMBINED MONTHLY RENTAL INCOME. Looking for a detached home in Calgary with a way to make homeownership more affordable? This Forest Lawn property offers a fantastic opportunity to live in one residence while collecting rental income from the other. Whether you prefer the bright main and upper levels for yourself or a more compact basement residence while renting the upper level, this home gives you the flexibility to choose the arrangement that works best for your lifestyle and budget. Currently generating a combined $3,000 per month in rental income, including utilities, the property features two self-contained living spaces and a City of Calgary registered legal basement suite. Both residences are currently occupied by tenants on month-to-month agreements, offering flexibility for a future owner, subject to applicable tenancy requirements. THE MAIN AND UPPER RESIDENCE welcomes you with generous natural light, large windows, a comfortable living room, a fully equipped kitchen, a spacious main-floor bedroom, a second bedroom in the upper loft with lower ceiling height, and a full bathroom. A charming and practical space to call home. THE REGISTERED LEGAL BASEMENT SUITE offers a private separate entrance, one bedroom, a full bathroom, a bright living area with large legal windows, and a fully equipped kitchen with stove, range hood, refrigerator and dishwasher. Its own full-size washer and dryer provide additional convenience and independence. IMPORTANT UPGRADES ALREADY COMPLETED! The foundation and basement were reinforced and rebuilt with a concrete basement by a previous owner in the 1960s. During the current owner's approximately 10 years of ownership, significant improvements have included the roof, furnace, hot water tank, basement windows and appliances, all updated within approximately the past five years. Outside, enjoy a west-facing backyard, a double detached garage with wooden workbenches, two additional storage sheds, and a generous 6,103 sq. ft. lot with room for outdoor enjoyment and storage. Located in the established community of Forest Lawn, you'll appreciate convenient access to schools, parks, grocery stores, restaurants, shopping and the many amenities along International Avenue. Public transit, including MAX Purple rapid bus service, provides convenient connections toward downtown Calgary. WHY PAY THE ENTIRE MORTGAGE YOURSELF WHEN YOUR HOME COULD HELP? Enjoy the independence of owning a detached home, the benefit of a registered legal rental suite, and the flexibility to choose which residence suits you best. More detailsListed by RE/MAX House of Real Estate- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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2008 41 Street SE in Calgary: Forest Lawn Semi Detached (Half Duplex) for sale : MLS®# A2337840
2008 41 Street SE Calgary T2B 1C6
$529,000Residential- Status:
- Active
- MLS® Num:
- A2337840
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,140 sq. ft.
This half duplex is fully renovated /remodled IN 2023 AND HAVING LEGAL SUITE . It has new furnaces , hot water Tank , all electric , new roof , new appliances with legal suite . The main level & legal suite is rented out which will be a big time mortgage helper and mortgage qualification . It has own independent entry and privacy . The community is getting vibrant with all around new construction projects going on for rental units potential . The property is close to all amenities like bus route , no frills , KFC and many more close to International Avenue and 10 minutes drive to down town to join a work force and enjoy the down town life . Do not miss to occupy to merge in a vibrant community . The 2006-41 Street SE is not listed but buyer can buy AS A full plex . The RMS are taken from last listing , There is no alteration after the last listing . More detailsListed by LPT Realty- Stu Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
Data was last updated November 5, 2026 at 12:05 PM (UTC)