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5116 Forego Avenue
homes for sale · Calgary · Forest Heights
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$476,500

5116 Forego Avenue

Forest Heights, Calgary · MLS® A2353235

523

1,039 sq ft · 5,500 sq ft lot · House · Single Family · built 1965 · 6 days on market

listed by Andrew Joseph, Power Properties

realtor's description

Excellent opportunity for a first-time buyer or investor! This 3-bedroom bungalow offers a fully finished 2-bedroom basement suite (illegal) with a separate entrance, providing excellent flexibility and income potential.The main level welcomes you with a bright and spacious living room, while the kitchen features white cabinetry, matching appliances, and an extended eating ledge that opens to the dining area. The primary bedroom, two additional good-sized bedrooms, and a full bathroom complete the main floor.A separate side entrance leads to the fully developed basement, featuring a den, large living room, second kitchen with granite countertops, stainless steel appliances and pantry, two bedrooms, and a 4-piece bathroom. The home also offers separate laundry, a tankless water heater, roughed-in Vacuflo, and in-floor heating. Additional updates include a roof replaced in 2013 and furnace replaced in 2012.Conveniently located close to schools, parks, shopping, and public transit, this property offers plenty of potential for homeowners and investors alike.Don’t miss your opportunity to view this versatile property!

property details

type
House, Single Family
bedrooms
5
bathrooms
2
living area
1,039 sq ft
lot
5,500 sq ft
parking
3
year built
1965
property tax
$3,445 / yr
days on market
6
MLS®
A2353235

features

  • Back lane
  • Refrigerator
  • Dishwasher
  • Stove
  • Oven
  • Washer/Dryer Stack-Up

monthly cost

$2,363/mo
Mortgage $2,076 · Tax $287

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,076/ monthly
loan $381,200
25-year amortization
total interest
$241,619
land title fees
$965
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$96,265
down + land title fees
total paid
$622,819

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Forest Heights, CalgaryGoogle Maps ↗

Rapid transit: Marlborough CTrain station, 1.7 km (about 27 min walk); Franklin CTrain station, 2.3 km (about 36 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Keeler School286 m
  • Middle · CBE Ernest Morrow School751 m
  • Secondary · CBE Jack James High School570 m
  • Elementary · Catholic St. Peter Elementary School901 m
  • Middle · Catholic St. Martha School1.3 km
  • Secondary · Catholic Father Lacombe School1.6 km

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Andrew Joseph
Power Properties
call Andrew · 403-030-9040
Powered by: REALTOR.ca

similar homes nearby

city assessment

$518,000

2026 assessment · market value as of July 1, 2025

  • Up 2.5% from $505,500 in 2025
  • $310,500 in 2016 (67% over ten years)
  • Asking price is 8% below the assessment
  • Built 1965
  • Lot 511 m² (5,497 sq ft)
roll yearassessed
2026$518,000
2025$505,500
2024$429,000
2023$383,000
2022$335,000
2021$304,000
2020$319,000
2019$324,500

From City of Calgary open data (property assessments), matched to 5116 FOREGO AV SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $3,445 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $3,445 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.

location

Forest Heights, CalgaryGoogle Maps ↗
Drive times
  • Keeler1 min
  • Jack James High2 min
  • Bow Valley College11 min
  • Downtown Calgary14 min
  • Sheldon M. Chumir Health Centre16 min
  • YYC airport20 min

Rapid transit: Marlborough CTrain station, 1.7 km (about 27 min walk); Franklin CTrain station, 2.3 km (about 36 min walk).

82

Walkability 82/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 8 places to eat or drink, 11 parks and playgrounds, 3 schools, 2 pharmacies, 19 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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