Forest Lawn, Calgary · MLS® A2346581
421
1,018 sq ft · 3,498 sq ft lot · House · Single Family · built 1975 · 11 days on market
listed by LaShaun Andrews, RE/MAX First
Welcome to a potential home plus investment opportunity! Ideally located just off 17th Avenue SE, this well-maintained half-duplex offers comfortable living, a functional layout, and the convenience of shopping, restaurants, public transportation, and everyday amenities just minutes away. Enjoy easy access to downtown Calgary and major commuter routes, making this a great opportunity for homeowners and investors alike. Featuring a total of 4 bedrooms (2 In the upper unit & 2 in the lower unit) with two full bathrooms(one in each unit), two separate living spaces, and NO condo fees, this property offers plenty of flexibility to suit a variety of needs. Additional updates include a new furnace installed in 2026 and a newer hot water tank.The main floor features a bright and spacious layout with two well-sized bedrooms and a full four-piece bathroom. Laminate flooring runs throughout the upstairs living areas, while the kitchen and bathroom feature tile flooring. The living room offers a warm and inviting atmosphere, highlighted by a brick fireplace and glass sliding doors off the dining room leading to an east-facing balcony, the perfect spot to enjoy the natural morning light. The kitchen comes equipped with the appliances you need, including a fridge, stove, hood fan, and dishwasher. A separate washer and dryer provide added convenience, and all existing window coverings are included. The lower level features an illegal suite with its own living space, offering two additional bedrooms, a full bathroom, a kitchen, and separate laundry facilities. The kitchen includes a fridge, stove ( as is), hood fan, and dishwasher. The suite also includes its own washer and dryer and existing window coverings, offering added flexibility for extended family or potential rental income. Outside, the property offers both front and backyard grass areas, providing room to enjoy the outdoors. Backing onto the rear lane, the property offers convenient access to off-street parking and the backyard, adding further practicality to this home. Whether you're looking for a home with additional living space for family, an investment opportunity, or a property with the potential to generate rental income, this Forest Lawn half-duplex is worth a look. Enjoy a convenient location close to the amenities of 17th Avenue SE, easy access to downtown Calgary, updated mechanical features, and the added benefit of no condo fees! INVESTMENT POTENTIAL: Two separate living spaces with independent laundry and no condo fees offer flexibility for extended family or potential rental use. Lower suite is illegal and subject to municipal requirements.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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Rapid transit: Franklin CTrain station, 2.3 km (about 36 min walk).
$376,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $376,000 |
| 2025 | $383,000 |
| 2024 | $326,000 |
| 2023 | $296,000 |
| 2022 | $266,000 |
| 2021 | $233,000 |
| 2020 | $249,000 |
| 2019 | $257,000 |
From City of Calgary open data (property assessments), matched to 1823 47 ST SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,500 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,500 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: Franklin CTrain station, 2.3 km (about 36 min walk).
Walkability 91/100 · Very walkable: most errands on foot
Within a 10 minute walk: 4 grocery stores, 26 places to eat or drink, 1 cafe, 5 parks and playgrounds, 2 schools, 1 pharmacy, 30 transit stops.
mihom score from OpenStreetMap places, by straight line distance.