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Home Communities Forest Lawn 1527 49 Street SE
$430,000 Sold
1527 49 Street SE · Calgary · T2A 1S2
3 bd 2.0 ba 966 sqft $445/sqft Built 1962
MLS® A2306320 · Listed Apr 29, 2026
Listed by MaxWell Capital Realty — Kevin Chapman
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $445
vs Forest Lawn median -5% community avg $451K
Sqft per bedroom 322
Year built 1962
Annual taxes $2,966 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Forest Lawn

Of 25 active residential listings in Forest Lawn, this property at $445/sqft sits in the $400–450 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 · $445
Other active listings This listing's price range This listing

About this property

**Rare Opportunity with Massive Potential in an Unbeatable Location!** Properties like this are becoming increasingly hard to find. Located just steps from Ernie Starr Arena and Bob Bahan Aquatic & Fitness Centre, this property combines an exceptional location, oversized lot, abundant parking, and endless future potential — all at an attractive price point. Situated on a quiet wide street with convenient access to schools, libraries, recreation centres, parks, shopping, transit, and International Avenue SE, this is an incredible opportunity for first-time buyers, renovators, investors, or anyone looking to secure a property with long-term upside. The true showstopper is the **huge south-facing backyard** — a rare feature that provides all-day sunshine and an incredible amount of outdoor space to enjoy, garden, entertain, expand, or simply relax. Opportunities with this kind of yard space are becoming harder and harder to find in Calgary. Adding even more value is the **oversized garage**, rear **RV parking**, and additional front parking pad — perfect for hobbyists, mechanics, extra vehicles, trailers, toys, or future workshop possibilities. Inside, the home offers a fantastic canvas for someone with vision. While dated, it has solid fundamentals and tremendous potential to personalize, renovate, and build equity. The existing **hardwood floors** could be beautifully restored, adding warmth and character throughout the main level. The current layout features an oversized primary bedroom created by combining two bedrooms, but it can easily be converted back to a three-bedroom layout if desired — offering flexibility for growing families or future resale value. Major components such as the **roof, windows, and heating system appear to be in solid condition**, giving buyers added confidence as they plan cosmetic updates over time. The basement previously contained an illegal suite, presenting additional redevelopment or income potential in the future (subject to city approval and permitting). This is an **estate sale** being sold **“as is, where is,”** and the pricing reflects an outstanding opportunity for buyers who recognize value, space, and future potential when they see it. Whether you are looking for your first home, an investment project, or a property with room to grow, this home offers possibilities that are difficult to replicate at this price point. Opportunities like this do not come along often — especially with this much land, parking, sunlight, and potential in such a convenient location.

Property details

Bedrooms3
Bathrooms2.0
StyleBungalow
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Ceramic Tile,Hardwood
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresSee Remarks
AppliancesDryer,Electric Stove,Refrigerator,Washer
InclusionsN/A
LaundryIn Basement
Lot size6264.00 sqft
Frontage49.15 ft
Lot featuresLevel,See Remarks
Exterior featuresOther
FencingFenced
PatioDeck
Year built1962
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresCarport,Double Garage Detached,RV Access/Parking
Garage spaces2
Parking total4
Annual taxes$2,966
Tax year2025
Possession15 Days / Neg
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodForest Lawn
Community featuresPark,Playground,Pool,Schools Nearby,Shopping Nearby
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: MaxWell Capital Realty — Kevin Chapman.