House for Sale in Calgary
1516 47 Street SE, Calgary, AB
- 3+2 BEDS
- 2 BATHS
- 904 sq.ft. Home
Key Facts
- MLS® #: A2197631
- Property ID: SIRC2310727
- Property Type: Residential, Single Family Detached
- Living Space: 904 sq.ft.
- Year Built: 1959
- Bedrooms: 3+2
- Bathrooms: 2
- Parking Spaces: 2
- Listed By:
- Royal LePage METRO
Property Description
Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development.
Rooms
- TypeLevelDimensionsFlooring
- BathroomMain5' 9.6" x 9' 6.9"Other
- BedroomMain10' 5" x 10'Other
- BedroomMain8' x 10'Other
- FoyerMain4' 3" x 5' 3.9"Other
- KitchenMain14' 11" x 9' 6.9"Other
- Living roomMain15' 6" x 13' 5"Other
- Primary bedroomMain11' 2" x 9' 6.9"Other
- Walk-In ClosetMain3' 3" x 3'Other
- Walk-In ClosetMain3' 3" x 3'Other
- BathroomBasement6' 5" x 5' 8"Other
- BedroomBasement11' 6" x 10' 9"Other
- BedroomBasement9' x 11' 9.6"Other
- KitchenBasement10' 3" x 11' 9.6"Other
- PlayroomBasement14' 6" x 11'Other
- StorageBasement2' 8" x 3' 9"Other
- UtilityBasement15' 9.6" x 10' 8"Other
Listing Agents
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Location
1516 47 Street SE, Calgary, Alberta, T2A 1R4 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 25.37% 50 to 64 years
- 22.11% 35 to 49 years
- 17.84% 20 to 34 years
- 10.29% 65 to 79 years
- 6.46% 15 to 19 years
- 5.85% 10 to 14 years
- 5.09% 0 to 4 years
- 4.79% 5 to 9 years
- 2.21% 80 and over
- Households in the area are:
- 46.86% Single family
- 33.48% Single person
- 19.46% Multi person
- 0.2% Multi family
- $79,000 Average household income
- $36,847 Average individual income
- People in the area speak:
- 71.92% English
- 10.18% Vietnamese
- 4.18% English and non-official language(s)
- 3.64% Tagalog (Pilipino, Filipino)
- 3.17% Arabic
- 2.11% Tigrigna
- 1.56% Spanish
- 1.26% Amharic
- 1.01% German
- 0.98% French
- Housing in the area comprises of:
- 34.46% Apartment 1-4 floors
- 23.53% Duplex
- 22.3% Single detached
- 14.24% Row houses
- 5.46% Semi detached
- 0% Apartment 5 or more floors
- Others commute by:
- 15.6% Public transit
- 4.18% Other
- 2.14% Foot
- 0.96% Bicycle
- 36.97% Did not graduate high school
- 34.41% High school
- 12.14% College certificate
- 11.51% Trade certificate
- 4.98% Bachelor degree
- 0% University certificate
- 0% Post graduate degree
- The average air quality index for the area is 1
- The area receives 196.78 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (29.36°C) per year.
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- Principal and Interest $2,920 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a