For Sale: 1527 49 Street SE, Calgary, AB - REW
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$430,000
3 bd 2 ba 966 sf House

1527 49th Street SECalgary, AB, T2A 1S2

Forest Heights
  • 3 Bed
  • 2 Bath
  • 966 Sqft
  • House

About this home

**Rare Opportunity with Massive Potential in an Unbeatable Location!** Properties like this are becoming increasingly hard to find. Located just steps from Ernie Starr Arena and Bob Bahan Aquatic & Fitness Centre, this property combines an exceptional location, oversized lot, abundant parking, and endless future potential — all at an attractive price point. Situated on a quiet wide street with convenient access to schools, libraries, recreation centres, parks, shopping, transit, and International Avenue SE, this is an incredible opportunity for first-time buyers, renovators, investors, or anyone looking to secure a property with long-term upside. The true showstopper is the **huge south-facing backyard** — a rare feature that provides all-day sunshine and an incredible amount of outdoor space to enjoy, garden, entertain, expand, or simply relax. Opportunities with this kind of yard space are becoming harder and harder to find in Calgary. Adding even more value is the **oversized garage**, rear **RV parking**, and additional front parking pad — perfect for hobbyists, mechanics, extra vehicles, trailers, toys, or future workshop possibilities. Inside, the home offers a fantastic canvas for someone with vision. While dated, it has solid fundamentals and tremendous potential to personalize, renovate, and build equity. The existing **hardwood floors** could be beautifully restored, adding warmth and character throughout the main level. The current layout features an oversized primary bedroom created by combining two bedrooms, but it can easily be converted back to a three-bedroom layout if desired — offering flexibility for growing families or future resale value. Major components such as the **roof, windows, and heating system appear to be in solid condition**, giving buyers added confidence as they plan cosmetic updates over time. The basement previously contained an illegal suite, presenting additional redevelopment or income potential in the future (subject to city approval and permitting). This is an **estate sale** being sold **“as is, where is,”** and the pricing reflects an outstanding opportunity for buyers who recognize value, space, and future potential when they see it. Whether you are looking for your first home, an investment project, or a property with room to grow, this home offers possibilities that are difficult to replicate at this price point. Opportunities like this do not come along often — especially with this much land, parking, sunlight, and potential in such a convenient location.
Listed by: Kevin Chapman, MaxWell Capital Realty

Home facts and features

Price details
List Price
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
2
Property Type
House
Lot Size
6099 ft²
Frontage
49.15 ft
Year Built
Built in 1962 (64 yrs old)
Style
Bungalow
Heating Type
Forced Air,Natural Gas
Pool
Pool
Basement Details
Full
Features
In Basement, Level, Other, Park, Schools Nearby, See Remarks
Amenities
Playground, Shopping Nearby
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
MaxWell Capital Realty
Listing details
Days on REW
39 Days
MLS® Number
A2306320
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Ernest Morrow School
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Forest Lawn High School
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Jack James High School
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Penbrooke Meadows School
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St. John Bosco Private School
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Holy Trinity School
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Patrick Airlie School
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Keeler School
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St. Peter Elementary School
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Valley View School
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School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.