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
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!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Rapid transit: Marlborough CTrain station, 1.7 km (about 27 min walk); Franklin CTrain station, 2.3 km (about 36 min walk).
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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$518,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 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.
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.
Rapid transit: Marlborough CTrain station, 1.7 km (about 27 min walk); Franklin CTrain station, 2.3 km (about 36 min walk).
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.