
List Price: $599,900
1316 38 Street, Calgary E, Alberta, T2A 1G5
- By Real Broker
Detached|MLS - #|Active
4 Bed
2 Bath
Client Remarks
Welcome to this beautifully updated home in the rapidly redeveloping community of Forest Lawn! Offering rental income potential of up to $3,700/month, this versatile property is perfect for homeowners looking to live upstairs and rent downstairs or for investors seeking strong cash flow. Sitting on a large lot with future multi-family development possibilities, this home presents an excellent opportunity in a thriving neighborhood. The main floor boasts a bright and inviting open-concept layout, where a stylish feature wall in the living area adds character and charm. The space flows seamlessly into the dining area and a modern kitchen equipped with sleek finishes and stainless steel appliances. Three spacious bedrooms provide comfortable living, including one with direct access to a large deck—perfect for relaxing or entertaining. A beautifully updated 4-piece bathroom completes this level. Another separate rear entrance leads to the common laundry area and an income-generating illegal basement suite. The illegal basement suite features a generous living and dining area, a full kitchen, and a 4-piece bath. The large bedroom has the potential to be converted into two bedrooms, further maximizing rental income. Additional highlights include an oversized detached garage plus two extra parking spots in the back, with plenty of street parking available. Located in a community undergoing significant redevelopment, this home is close to top amenities, schools, shopping, dining, and public transit, with easy access to downtown. With its strong rental potential, future redevelopment possibilities, and prime location, this property is a must-see! Book your showing today!
Property Description
1316 38 Street, Calgary, Alberta, T2A 1G5
Property type
Detached
Lot size
N/A acres
Style
Bungalow
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Separate/Exterior Entry,Finished,Full,Suite
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$0
Year built
--

Walk around the neighborhood
1316 38 Street, Calgary, Alberta, T2A 1G5Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 1316 38 Street

Book a Showing
Tour this home with Shally
Frequently Asked Questions about 38 Street
See the Latest Listings by Cities
1500+ home for sale in Ontario