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1527 52 ST SE Calgary, AB T2A 1T9
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Key Details
Sold Price $455,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,192 sqft
Price per Sqft $381
Subdivision Forest Lawn
MLS® Listing ID A2283562
Sold Date 02/27/26
Style Bungalow
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1967
Annual Tax Amount $3,226
Tax Year 2025
Lot Size 6,350 Sqft
Acres 0.15
Property Sub-Type Detached
Source Calgary
Property Description
Opportunity knocks again in Forest Lawn with this exceptionally spacious bungalow, complete with a fully LEGAL basement suite and located on a generous 50' x 127' R-CG lot—zoned R-CG even before the city's blanket rezoning initiative. This property offers a rare combination of size, upgraded features, income potential, and long-term redevelopment value. BASEMENT ACCESS FROM THE BACK AND THERE IS A SEPARATE ENTRANCE FOR THE BASEMENT IN THE FRONT OF THE HOME AS WELL!
The main level welcomes you with an expansive living room that provides plenty of space for relaxation and entertaining. The large primary bedroom includes a convenient 2-piece ensuite, while two additional oversized bedrooms share a well-maintained 4-piece bathroom. The layout is bright and functional, with vinyl flooring throughout for a clean, modern look. A dedicated storage room on the main floor adds even more practicality to the space.
A separate walk-up entrance leads to the LEGAL basement suite, making it ideal for rental income, extended family, or multi-generational living. The lower level features a comfortable living area, two good-sized bedrooms, and a full 4-piece bathroom—bringing the home to a total of 5 bedrooms and 2.5 bathrooms. A shared laundry room is easily accessible to both upper and lower occupants when tenanted.
The home has seen continuous care and thoughtful upgrades over recent years, including a new roof, new vinyl-framed windows, new vinyl flooring in the legal basement suite, and updated flooring throughout the entire home. These improvements enhance comfort, efficiency, and durability, allowing the next owner to simply move in or start renting right away.
Whether you're searching for a home to live in while generating rental income, a fully rentable property with strong returns, or a strategic holding asset with redevelopment potential, this property checks every box. The large R-CG lot provides excellent future flexibility for building and development options.
Move-in ready, well-updated, and loaded with opportunity, this Forest Lawn bungalow offers outstanding value for homeowners and investors alike. Don't miss your chance to secure this versatile property with endless possibilities.
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction E
Rooms
Other Rooms 1
Basement Full
Interior
Interior Features See Remarks
Heating Forced Air
Cooling None
Flooring Vinyl
Appliance Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer
Laundry In Basement
Exterior
Parking Features Off Street
Fence Fenced
Community Features Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Roof Type Asphalt Shingle
Porch None
Lot Frontage 50.26
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard, Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco
Others
Restrictions None Known
Tax ID 101575211
Ownership Private
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Nearby Locations
" You figure out where you want it to live, and I'll figure out how to get you there! "
1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada