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Home Communities Forest Lawn 1502 49 Street SE
$559,000 Sold
1502 49 Street SE · Calgary · T2A1S2
4 bd 2.0 ba 1,149 sqft $486/sqft Built 1960
MLS® A2277141 · Listed Jan 5, 2026
Listed by PREP Realty — Sukh Singh, Harshit Manchanda
By the numbers

How this listing measures up

$/sqft $486
vs Forest Lawn median +24% community avg $451K
Sqft per bedroom 287
Year built 1960
Annual taxes $3,084 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Forest Lawn

Of 25 active residential listings in Forest Lawn, this property at $486/sqft sits in the $450–500 range.
$150–$200/sqft · 2 listings $200–$250/sqft · 0 listings $250–$300/sqft · 1 listing $300–$350/sqft · 0 listings $350–$400/sqft · 2 listings $400–$450/sqft · 1 listing $450–$500/sqft · 5 listings $500–$550/sqft · 5 listings $550–$600/sqft · 4 listings $600–$650/sqft · 1 listing $650–$700/sqft · 2 listings $700–$750/sqft · 2 listings $150 $250 $350 $450 $550 $650 $750 This · $486
Other active listings This listing's price range This listing

About this property

50 by 127 R-CG CORNER LOT / FACING FOREST LAWN ATHLETIC PARK / DEVELOPMENT OPPURTUNITY - 4 PLEX WITH LEGAL SUITE. Whether you are an investor, developer or looking for a house to live, this property is perfect match for everyone. Conveniently located across the street of Bob Bahan Aquatic centre and multiple schools nearby, it is unbeatable location. Easy access to 17 avenue and downtown makes this place more attractive to live or invest. This well maintained bungalow offers big living area, 3 bedrooms, 1 Bathroom upstairs and a fully developed basement with 1 bedroom, 1 bathroom and rec space. Hot water tank and furnace are recently updated. Extended double garage and driveway offers more parking spaces. This lot is zoned R-CG so, you can build 4-plex with 4 legal suites in each unit ( subject to city approval). This property has lot of potential, so book your showing today to make it yours!

Property details

Bedrooms4
Bathrooms2.0
StyleBungalow
HeatingForced Air
CoolingNone
FlooringCarpet,Laminate
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresSee Remarks
AppliancesRefrigerator,Stove(s),Washer/Dryer
InclusionsN/A
LaundryIn Unit
Lot size6372.00 sqft
Frontage127.4 ft
Lot featuresCorner Lot,Rectangular Lot,See Remarks
Exterior featuresPlayground,Private Entrance
FencingFenced
PatioSee Remarks
Year built1960
Construction materialsBrick,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Detached
Garage spaces2
Parking total2
Annual taxes$3,084
Tax year2025
Possession30 Days / Neg
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodForest Lawn
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
List AORCalgary

Location

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About Forest Lawn

AI-generated summary

One of Calgary's most culturally diverse and unpretentious communities, Forest Lawn has a gritty, working-class character with a vibrant multicultural energy centred along International Avenue (17th Avenue SE).

International Avenue (17th Ave SE) is recognised as one of Canada's most ethnically diverse commercial strips
Forest Lawn was an independent town before being annexed by Calgary in 1961
Elliston Park hosts the annual GlobalFest fireworks festival each summer
Housing
Predominantly post-war bungalows and modest single-family homes, with a growing number of infill developments and affordable multi-family properties.
Transit
Well-served by Calgary Transit bus routes along International Avenue, with reasonable access to the CTrain network; the area is moderately walkable for daily errands.
Amenities
International Avenue offers an eclectic mix of ethnic restaurants, grocery stores, independent shops, and services representing dozens of cultures, alongside Elliston Park and the Calgary Farmers' Market East.
Who lives here
A vibrant mix of new Canadians, long-time working-class families, and budget-conscious residents drawn by affordability and community diversity.
Full Forest Lawn community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: PREP Realty — Sukh Singh, Harshit Manchanda.