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$474,900
Alberta,Calgary
For Sale Active
1816 42 Street SE, Calgary, Alberta T2B1E9
  • 3
  • 2
  • 850 Sqft
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Basic Details
Description

CHECK OUT OUR 24/7 VIRTUAL OPEN HOUSE!Investors and savvy buyers—this is a rare inner-city opportunity with M-C1 zoning, offering long-term redevelopment potential (multi-residential density, up to 4 storeys, subject to city approval). Pair that with an existing legal up/down suite, and you’ve got the best of both worlds: income today + upside tomorrow.This beautifully maintained bungalow features 2 bedrooms and

a 4-piece bath on the main level, plus a legal 1-bedroom basement suite with a 3-piece bath—ideal for investors, multi-generational living, downsizers, or owner-occupants wanting a reliable mortgage helper.The main floor has been tastefully refreshed with warm vinyl plank flooring, fresh paint and trim, and refurbished kitchen cabinets, creating a bright and welcoming space. Downstairs, the fully finished legal suite offers excellent flexibility for rental income or extended family.Outside, you’ll appreciate the large, level lot with extra rear/side parking (perfect for a boat or small RV), plus a double garage off the back lane for secure parking and storage. Added bonus: a new roof on both the house and garage (2024) for peace of mind.Centrally located close to Deerfoot Tr, shopping, schools, and public transit make this home perfect for any family at any stage of life. Whether you’re building your portfolio, planning future redevelopment, or looking for a home that helps pay for itself, this one checks all the boxes. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2285724
  • Price: $474,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 850 Sqft
  • Year Built: 1959
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 291033
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Finished, Full, Separate entrance, Suite
  • Fence: Fence
  • Parking: Detached Garage, Parking Pad, RV
  • Architectural Style: Bungalow
  • Exterior Features: Brick, Stucco, Vinyl siding
  • Flooring: Laminate, Vinyl Plank, Linoleum
Address Map
  • Location: CA, Alberta, Calgary, Forest Lawn, T2B1E9
  • Street: 42
  • Street Number: 1816
  • Street Suffix: Street
  • Longitude: W114° 1' 39.1''
  • Latitude: N51° 2' 13.6''
  • Street Dir Suffix: Southeast
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 493.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3087
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Listing updated: 2026-02-19 14:48:06
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Listing Information
  • List Agent Key: 1732607
  • List Office Key: 291033
  • Modification Timestamp: 2026-02-17T05:10:38Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-02-17T04:51:16Z
Powered by REALTOR.ca
Listing updated: 2026-02-19 14:48:07
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