For Sale
4 plex
New

2231 48 Street SE

Forest Lawn, Calgary, AB t2b1m3

Overview
MLS® Number: A2295214
Type: 4 plex
Living Area: 1,917 sq. ft.
Lot Size: 7,685 Square Feet
Year Built: 1971
Community: Forest Lawn
Description

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.

Seller Brokerage: Royal LePage METRO

Property Details
Parking & Garage
Total Parking5
Interior
Inclusions4 FRIDGES,4 STOVES,4 WASHERS,4 DRYERS.
Financial & Legal
Annual Tax$4,403 (2025)
PossessionImmediate,Negotiable
ZoningM-C1
TitleFee Simple
Mortgage Calculator
Location
2231 48 Street SE, Forest Lawn, Calgary, AB
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Neighbourhood Demographics
Statistics Canada 2021 Census · Dissemination Area
$28,000
Median household income
42.0
Median age
2.40
Avg household size
Tenure — 37.80% Own  ·  62.20% Rent
How people get to work
Drive 82.10% 🚌 Transit 0.00% 🚶 Walk/Bike 7.10% 🏠 WFH 10.70%
Education — 0.00% have a bachelor's degree or higher
Community Statistics
Calgary Police Service · City of Calgary Open Data

Annual disorder incidents reported in Forest Lawn. Disorder includes noise complaints, suspicious persons, public disturbances, and similar matters.

2020 2495 incidents
2021 2545 incidents
2022 2117 incidents
2023 1881 incidents
2024 1521 incidents
▼ 19.1% fewer incidents in 2024 vs the prior year.
Contact Agent
Robb Leece, REALTOR®
Robb Leece, REALTOR®
Graham Realty Inc. 403-478-4335 robbleece@gmail.com
Call 403-478-4335
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About Forest Lawn

Full community profile
Forest Lawn is a diverse and evolving community in Calgary's southeast, known for its multicultural character and affordability. This established neighbourhood offers a mix of housing options and is experiencing ongoing revitalization efforts that are attracting new residents and businesses to the area.

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