Data was last updated 2026-04-16 at 10:35:07 GMT
MC-1 ZONED | FULL-SIZE LOT | SUITED BUNGALOW | PRIME REDEVELOPMENT OPPORTUNITY Exceptional opportunity in the heart of Forest Lawn for builders, investors, and forward-thinking buyers. Located at 1823 38 Street SE, this full-size lot is already zoned MC-1, offering outstanding redevelopment potential in one of Calgary?s rapidly evolving inner-city corridors with strong nearby infill and revitalization activity. Buyers are encouraged to verify future land-use and development possibilities directly with the City of Calgary.
The existing bungalow provides immediate holding income or multi-generational living options while you plan your next project. The main floor features 3 bedrooms, 1 bathroom, separate laundry, a bright dining area, and a spacious living room filled with natural light. The lower level offers a self-contained 2 bedroom, 2 bathroom suited basement, creating flexible rental or extended family living potential.
Outside, enjoy a fully fenced backyard and a double detached garage complete with a newer heater, adding functionality and tenant appeal.
Ideally positioned just minutes from 17 Avenue SE / International Avenue, with quick access to transit, shopping, restaurants, schools, and major commuter routes including Deerfoot Trail. Whether you're looking to hold, rent, renovate, or redevelop, this is a rare chance to secure an income-producing property with long-term upside in a high-growth location.
Listing Information
- Prop. Type:
- Detached
- Property Style:
- Bungalow
- Status:
- Active
- City:
- Calgary
- Bedrooms:
- 6
- Full Bathrooms:
- 3
- Neighbourhood:
- Forest Lawn
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2302076
- Listing Price:
- $550,000
General Information
- Year Built:
- 1963
- Total Square Feet:
- 984ft2
Additional Information
- Basement Dev:
- Full
- Parking:
- Double Garage Detached, Heated Garage, Oversized
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.