CAABCalgaryForest Lawn1502 40 St Se
Listing image | Image 1

1502 40 St Se, Calgary, AB

House

For Sale

Listed price in listed location currency (CAD).
$599,900

524

MLS® A2334579

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 940 sqft
Garage Yes
Taxes 
Days Active 9
Lot Size 0.12 Acres
Approx. Age 1958
Avg. Price Per Sqft $638
MLS® Number A2334579

Property Address: 1502 40 St Se, Calgary, AB, T2A1K2

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® NumberA2334579
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1958
BasementFull
DrivewayDouble Garage Detached, Off Street
Garage Spaces
HeatCentral, Mid Efficiency, Forced Air, Natural Gas
A/CNone

Extras

NONE

Rooms

Change to metres

Other:Basement10.5 × 13 ft
Living Room:Main Floor14.25 × 15.84 ft
Other:Basement7.09 × 8.92 ft
Other:Main Floor10 × 12.17 ft
Other:Basement10.25 × 10.42 ft
Other:Main Floor5.17 × 10.84 ft
Other:Basement11.5 × 12.59 ft
Other:Basement1.42 × 1.84 ft
Other:Main Floor11.84 × 12.17 ft
Kitchen:Basement8.09 × 10.34 ft
Other:Main Floor12.09 × 13.42 ft
Other:Basement7.25 × 12.59 ft
Other:Basement6.42 × 7.09 ft
Other:Basement3.67 × 7.67 ft
Other:Main Floor10.34 × 10.67 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$599,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $450,000 and $675,000.
Similar properties in this area sold on average for: $450,166
Expected to sell in 26 days. Similar properties sold in 35 days. This home has been on eXp Realty for 9 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
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1502 40 St Se, Calgary, AB

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