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James Hughes, REALTOR®
All listings/Forest Lawn/MLS® A2321172

All photos · 44

Active · Forest Lawn

1527 46 Street SE

5 bedrooms· 2 bathrooms· 88 days listed
$578,000
N°01About the property

Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent checks today, while sitting on a goldmine for future development tomorrow. Whether you want to buy and hold or enjoy instant cash flow, this is the one! This detached home features 5 bedrooms and two 4-piece bathrooms. The downstairs cabinetry and upstairs living room floors were newly updated in November 2025. Unbeatable location with exceptional accessibility! Walking distance or a short drive to local schools, parks, shopping, and transit. Features seamless access to major corridors including International Avenue (17 Ave SE), Deerfoot Trail, and Stoney Trail

Listing history for this address
See this property's listing history.
N°02Quick facts
Listed
Jun 20, 2026
Property type
Detached
Year built
1961
Parking total
3
Basement
Full
Heating
Forced Air
Cooling
None
N°03Rooms
Living RoomMain15'3" x 10'2"
KitchenMain7'10" x 15'11"
Dining RoomMain7'9" x 5'10"
LaundryBasement5'11" x 7'2"
FoyerMain5'2" x 3'8"
KitchenBasement11'1" x 15'0"
Living RoomBasement11'6" x 12'11"
Bedroom - PrimaryMain11'6" x 11'9"
BedroomMain11'7" x 8'2"
BedroomBasement14'7" x 8'7"
BedroomBasement10'7" x 12'10"
4pc BathroomMain7'9" x 4'10"
4pc BathroomBasement7'11" x 8'6"
BedroomMain7'11" x 11'6"

Measurements deemed reliable but not guaranteed.

N°04Where it is

Pin placed at the coordinates supplied by the MLS® System.

N°05What it would carry

Estimated monthly payment

$2,840

Down payment: $115,600 · Loan: $462,400

Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.

Listing courtesy

TREC The Real Estate Company · Listing agent Hui Zhao

MLS®# A2321172 · Last modified 2026-09-17


Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

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All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.

James Hughes, REALTOR® · CIR Realty

1527 46 Street SE | James Hughes, REALTOR®