CalgaryOpenHouses
House for Sale in 1502 40 Street SE|Calgary, Alberta T2A1K2
Open House

$649,900

1502 40 Street SE, Calgary, Alberta

5 Beds2 Baths940.46 Sqft1 Stories

About This Property

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 T HIS INCREDIBLE OPPORTUNITY! (32267779)

Property Details

Property TypeSingle Family
Building TypeHouse
MLS #A2323322
Storeys1
Square Footage940.46 sqft
Community NameForest Lawn
TitleFreehold
Annual Property Taxes$3,268
Parking TypeDetached Garage
Parking Spaces4
Time on REALTOR.ca2 days
Year Built1958
Lot Size474 m2|4,051 - 7,250 sqft
Lot Frontage15.24 m
Basementfinished
HeatingCentral heating, Forced air, (Natural gas)
CoolingNone
ExteriorBrick
FlooringLaminate
ListedJun 23, 2026

Features

ParkPlaygroundSchoolsShopping

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Contact the listing agent for open house dates, times, and to schedule a private viewing.

MLS# A2323322

Location

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