$ 460,000 $ 474,900 3.1%

1816 42 ST SE

Calgary, AB T2B 1E9

  • 3 Beds
  • 2 Baths
    Full Baths: 2
  • 850 SqFt
  • 5,306 Lot Size
  • 1959 Year Built
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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.
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PROPERTY DETAIL

  • Key Details

    Sold Price $460,0003.1%

    Property Type Single Family Home

    Sub Type Detached

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 850 sqft

    Price per Sqft $541

    Subdivision Forest Lawn

    MLS Listing ID A2285724

    Sold Date 02/26/26

    Style Bungalow

    Bedrooms 3

    Full Baths 2

    Year Built 1959

    Annual Tax Amount $3,087

    Tax Year 2025

    Lot Size 5,306 Sqft

    Acres 0.12

    Property Sub-Type Detached

    Source Calgary

  • Location

    Province AB

    County Calgary

    Area Cal Zone E

    Zoning M-C1

    Direction W

  • Rooms

    Basement Full

  • Building

    Lot Description Back Lane, Back Yard, Landscaped, Low Maintenance Landscape, Rectangular Lot

    Foundation Poured Concrete

    Architectural Style Bungalow

    Level or Stories One

    Structure Type Brick,Stucco,Vinyl Siding,Wood Frame

  • Interior

    Interior Features See Remarks

    Heating Forced Air

    Cooling None

    Flooring Laminate, Linoleum, Vinyl Plank

    Appliance Dryer, Electric Range, Garage Control(s), Range Hood, Refrigerator, Washer, Window Coverings

    Laundry In Basement

  • Exterior

    Parking Features Alley Access, Double Garage Detached, Parking Pad, RV Access/Parking

    Garage Spaces 2.0

    Fence Fenced

    Community Features Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths

    Roof Type Asphalt Shingle

    Porch Patio

    Lot Frontage 43.51

    Total Parking Spaces 2

    Garage 1

  • Others

    Restrictions None Known

    Tax ID 101235309

    Ownership Private

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