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Home Communities Forest Lawn 2021 38 Street SE
$553,900 Sold
2021 38 Street SE · Calgary · T2B 0Z5
4 bd 2.0 ba 1,019 sqft $544/sqft Built 1958
MLS® A2304795 · Listed Apr 24, 2026
Listed by Real Broker — Lynne Redmond
By the numbers

How this listing measures up

$/sqft $544
vs Forest Lawn median +23% community avg $451K
Sqft per bedroom 255
Year built 1958
Annual taxes $3,652 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Forest Lawn

Of 25 active residential listings in Forest Lawn, this property at $544/sqft sits in the $500–550 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 · $544
Other active listings This listing's price range This listing

About this property

HUGE Lot | Suite | Income Potential | Endless Possibilities. Welcome to this upgraded bungalow situated on a massive lot, offering outstanding affordability, redevelopment potential, and excellent income-generating opportunities. The bright and inviting main level features brand new vinyl plank flooring (2024), large sun-filled windows, and a spacious living area that flows seamlessly into the eat-in kitchen perfect for everyday living. Three well-sized bedrooms and a full bathroom w/ jetted tub, complete the upper level. Downstairs, you’ll find a charming and bright basement suite with its own private front entrance. Finished with beautiful bamboo flooring, this very cute space includes a full kitchen, comfortable living area, bedroom, and a full bathroom. Shared laundry is conveniently located for easy access. With two separate furnaces, both levels enjoy independent climate control for added comfort and efficiency. Central A/C services the upper floor, the basement stays cool in the summer months without it. The basement is currently rented to a long-term tenant of over 20 years who would love to stay - offering immediate, stable income potential. Plenty of room in the basement for storage or to add another bedroom. Step outside to enjoy the expansive backyard - perfect for kids, pets, and entertaining. The low-maintenance, high-quality fencing provides both safety and peace of mind. An 8x10 storage shed adds extra functionality for tools and garden supplies. The oversized double garage (22x24) is insulated, heated, and equipped with 220V power ideal for a workshop or hobby space (radiant heater negotiable; workbenches excluded). The asphalt roof on the garage was done in 2019. There is also excellent RV parking and additional parking space for ultimate flexibility. Further upgrades include newer windows, central A/C, tankless hot water system, and dual furnaces serving both levels. This versatile property offers countless options live up, rent down, invest, or hold for future development. A rare opportunity with a large lot and built-in mortgage helper. Book your showing today!

Property details

Bedrooms4
Bathrooms2.0
StyleBungalow
HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringVinyl Plank
LevelsOne
BasementFull
Basement developmentPartially Finished
Interior featuresJetted Tub,Storage
AppliancesDishwasher,Electric Stove,Garage Control(s),Microwave,Range Hood,Refrigerator,Window Coverings
InclusionsElectric Stove, Hood Fan, Refrigerator - In basement suite. Draperies and Rods (upstairs), Shed (8x10)
LaundryIn Basement
Lot size6296.00 sqft
Frontage15.28 ft
Lot featuresBack Lane,Landscaped,Private
Exterior featuresNone
FencingFenced
PatioOther
Year built1958
Construction materialsWood Frame
RoofAsphalt Shingle,Metal
FoundationBlock
Parking features220 Volt Wiring,Double Garage Detached,Heated Garage,Oversized
Garage spaces2
Parking total4
Annual taxes$3,652
Tax year2025
PossessionNegotiable
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodForest Lawn
Community featuresSchools 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: Real Broker — Lynne Redmond.