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Legal suiteMLS® A2321172

1527 46 Street SE

$578,000
5 bed2 bath976 sqftSingle FamilyBuilt 1961
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Facts & details

Bedrooms
5
Beds (above / below grade)
3 / 2
Bathrooms
2
Living area
976 square feet
Year built
1961
Property type
Single Family
Structure
House
Basement
Finished, Full, Separate entrance, Suite
Heating
Forced air
Cooling
None
Flooring
Hardwood, Laminate
Parking spaces
3
Parking
Detached Garage, Parking Pad
Lot size
557 square meters
Zoning
R-CG
Subdivision
Forest Lawn
Property tax
$3,265 (2026)
Suite evidence from listing

"LEGAL BASEMENT SUITE"

About this home

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 (id:65709)

Work with a specialist

Buying or selling a home with a legal suite?

Connect with Dusko Sremac and the REPYYC × Real Broker team — Calgary REALTORS® who specialize in legal secondary suites. We verify registry, permits, and rental potential before you write an offer.

Reach out to Dusko →
Existing representation: Not intended to solicit buyers or sellers currently under a written service agreement with another real estate brokerage. If you are already represented, please contact your existing real estate representative. Any discussion of an offer or representation is subject to confirming your existing agency relationship. Learn more.

Listing content (MLS® A2321172) is courtesy of TREC The Real Estate Company, provided by the Canadian Real Estate Association (CREA) via the DDF® feed. Information is deemed reliable but not guaranteed. See MLS® / DDF® compliance & disclaimers.

Disclaimer: Listing data and suite classifications are deemed reliable but not guaranteed and should be independently verified. Always confirm the legal status of any secondary suite — including registry, permits, and code compliance — with a licensed REALTOR® (such as Dusko Sremac at REPYYC × Real Broker), the City of Calgary, and qualified professionals before making any purchase or investment decision.