2407 37 ST SE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB t2b 0z1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,076 sqft
Price per Sqft $575
Subdivision Forest Lawn
MLS Listing ID A2165017
Style Bungalow
Bedrooms 5
Full Baths 2
Originating Board Calgary
Year Built 1959
Annual Tax Amount $2,587
Tax Year 2024
Lot Size 6,167 Sqft
Acres 0.14
Property Description
This is an amazing opportunity to purchase a turnkey investment that offers versatility and endless possibilities for an Investor, First Time Home Buyer or Developer! This property is situated south of International Avenue on an RC-G lot that measures 48.9 x 125, plus it has its own back lane which is a plus for redevelopment. This residence offers multi-faceted investment possibilities as it also has an illegal suite! Imagine the possibilities – you can apply for a Development Permit to build a 4-PLEX with legal suites, a total of 8 residences (Subject to City of Calgary Approval of course). If you are not ready to build yet, you can purchase this residence as a holding property and rent it in the interim. The existing bungalow offers the upmost curb appeal as its placed on a stunning tree line street, just steps from schools and the amenities of 17th avenue. This bungalow offers more than 2100 square feet of developed living space, a large footprint which ensures space for the entire family or a high monthly return as a rental! From the moment you walk in, you will be impressed by the natural light throughout this home. The kitchen is a bright timeless white with tile flooring, ample cabinetry and an eat in island. Off the kitchen you have a dining nook adorned with natural light from the east facing views, a perfect place to enjoy your morning coffee. Down the hall your spacious family room awaits family game nights. The main level has three generous bedrooms and a sleek all white four-piece bath. The illegal basement suite has a separate entrance, here you will be impressed by the open concept living space. The kitchen has a window and plenty of cabinetry, new appliances will be needed. The kitchen opens unto a bar area and family room. This lower-level suite has two full-sized bedrooms (that require egress windows), a four-piece bath, laundry and a cold room. This property has a newer roof and water tank (within seven years) and plaster walls which is a higher quality upgrade than conventional drywall. Outside your family or your tenants will love the concrete patio that encompasses the entire width of the home, a perfect space to entertain. The backyard features a back lane with a double detached garage and a RV parking pad. This property is sold as-is, where-is, giving you an opportunity to create the investment that is right for you. Forest Lawn is a blossoming area with close proximity to downtown and the area has recently experienced an influx of investment including infrastructure upgrades and revitalization projects. From here you can enjoy easy access to amenities, transit, shopping and schools. With downtown just minutes away this property presents excellent long-term potential with immediate rental income potential and future development opportunities.
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction E
Rooms
Basement Finished,Full,Suite
Interior
Interior Features Bar,Ceiling Fan(s),Open Floorplan
Heating Forced Air
Cooling None
Flooring Carpet,Ceramic Tile,Laminate
Appliance Electric Stove,Refrigerator
Laundry Lower Level
Exterior
Garage Double Garage Attached
Garage Spaces 2.0
Garage Description Double Garage Attached
Fence Partial
Community Features Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Porch Patio
Lot Frontage 48.95
Parking Type Double Garage Attached
Total Parking Spaces 2
Building
Lot Description Back Lane,Level,Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 91083600
Ownership Private