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Home Communities Forest Lawn 1501 37 Street SE
$550,000 Sold
1501 37 Street SE · Calgary · T2A 1E6
1 bd 1.0 ba 984 sqft $559/sqft Built 1938
MLS® A2280918 · Listed Jan 30, 2026
Listed by Real Broker — Mike Stante, Sano Stante
By the numbers

How this listing measures up

$/sqft $559
vs Forest Lawn median +22% community avg $451K
Sqft per bedroom 984
Year built 1938
Annual taxes $2,617 2025
Forest Lawn avg DOM 40d
$/sqft distribution

Where this listing sits in Forest Lawn

Of 25 active residential listings in Forest Lawn, this property at $559/sqft sits in the $550–600 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 · $559
Other active listings This listing's price range This listing

About this property

Investors and Developers! This oversized RCG corner lot offers 585 m² / 6,297 ft² (50 x 126) of central Calgary opportunity with exceptional access to transit and amenities. Located less than two blocks from the revitalized International Avenue (17 Avenue SE), this site is a short walk to multiple bus stops and the 17 Avenue SE MAX Purple BRT corridor, providing direct, high-frequency service to downtown and East Hills. The flat, mostly cleared site makes future construction straightforward while the existing home with two serviceable suites, including an illegal basement suite, provides solid holding income while you work through planning, design, and permitting. Positioned just off the main corridors, the property benefits from quieter residential surroundings while still being near schools, green spaces, and the full range of shops, services, and restaurants along International Avenue. This is an excellent candidate for a small-scale multi-family redevelopment that capitalizes on strong transit connectivity and an established, amenity rich corridor. Do not miss this outstanding opportunity - contact today for full details!

Property details

Bedrooms1
Bathrooms1.0
StyleBungalow
HeatingForced Air,Natural Gas
CoolingNone
FlooringLaminate,Linoleum
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresSee Remarks
AppliancesDryer,Electric Stove,Refrigerator,Washer,Window Coverings
InclusionsN/A
LaundryLower Level,Upper Level
Lot size6296.00 sqft
Frontage50 ft
Lot featuresRectangular Lot
Exterior featuresOther
FencingFenced
PatioOther
Year built1938
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresParking Pad
Parking total2
Annual taxes$2,617
Tax year2025
PossessionNegotiable,Subject To Tenancy
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodForest Lawn
Community featuresPlayground,Schools Nearby,Shopping Nearby,Sidewalks
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: Real Broker — Mike Stante, Sano Stante.