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Derek Little, REALTOR® · REMAX House of Real Estate
Call 403-690-4960Text 403-690-4960
Photo 1 of 5 bedroom house at 1527 46 Street SE, Forest Lawn, Calgary
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$578,000

1527 46 Street SE, Calgary, AB

MLS® A2321172 · Forest Lawn
  • 5Beds
  • 2Baths
  • 976Sq ft
  • 1961Built

About 1527 46 Street SE

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:67882)

How 1527 46 Street SE compares to Forest Lawn

  • $592 per sq ft, 23% above the Forest Lawn median of $483.
  • Listed 144 days, against a Forest Lawn average of 89 days.

House details

Property type
Single Family
Parking
Detached Garage, Parking Pad
Basement
Finished, Full, Separate entrance, Suite
Taxes
$3,265 / year
Days on market
144

Listing courtesy of TREC The Real Estate Company.

Listing information last updated September 17, 2026.

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Map of 1527 46 Street SE, Forest Lawn

Quick answers about Forest Lawn real estate

What's the average home price in Forest Lawn, Calgary?
As of November 12, 2026, the median asking price for the 20 homes for sale in Forest Lawn is $542,500. Asking prices range from $99,900 to $809,900.
How long have homes in Forest Lawn been on the market?
As of November 12, 2026, homes for sale in Forest Lawn have been listed for an average of 89 days.
What's the cheapest home for sale in Forest Lawn right now?
The lowest-priced home for sale in Forest Lawn is 203, 1712 38 Street SE at $99,900, a 1 bedroom condo.
What's the price per square foot in Forest Lawn?
The median asking price per square foot in Forest Lawn is $483, across 19 homes with a listed floor area.
Who is a REALTOR® that works in Forest Lawn?
Derek Little is a REALTOR® with REMAX House of Real Estate serving Forest Lawn and the rest of Calgary. Phone: 403-690-4960.

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