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Home Communities Forest Lawn 2231 48 Street SE
$750,000 Sold
2231 48 Street SE · Calgary · t2b1m3
bd ba 1,917 sqft $391/sqft Built 1971
MLS® A2295214 · Listed Mar 20, 2026
Listed by Royal LePage METRO — Darshan Sidhu, Gursh Sidhu
By the numbers

How this listing measures up

$/sqft $391
vs Forest Lawn median +66% community avg $451K
Sqft per bedroom
Year built 1971
Annual taxes $4,403 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 $391/sqft sits in the $350–400 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 · $391
Other active listings This listing's price range This listing

About this property

Wake up investors .Lowest price legal 4 plex , On a huge Corner lot ,All 4 units with 3 good size bedrooms , one bath, with separate furnaces,separate laundries and separate entrances.All units need some work.It is reflected in the price,So basically all units are sold in as is conditions. Units 2229 a and b are rented with long term tenants,willing to stay, no intention to move out they have been living there more than 10+ years. Each paying Rent $1400 per month including utilities. Unit 2231 a and b are vacant ,can be shown any time. units 2229 a and b have dogs and need some notice for showing.Please confirm appointments for these 2 units because of dogs,do not show these unit without confirmation.This location is excellent,Close to bus,schools,shopping and all the major routes . All Lower level windows installed in 2009, Tar and gravel roof Redone in 2002. Do not miss outstanding opportunity at this price for a legal 4 plex.

Property details

Inclusions4 FRIDGES,4 STOVES,4 WASHERS,4 DRYERS.
Lot size7685.00 sqft
Year built1971
Parking total5
Annual taxes$4,403
Tax year2025
PossessionImmediate,Negotiable
ZoningM-C1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodForest Lawn
List AORCalgary

Location

Sold comparables in Forest Lawn

45 recent sales in Forest Lawn

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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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Similar listings in Forest Lawn

Listed by: Royal LePage METRO — Darshan Sidhu, Gursh Sidhu.