For Sale: 2001 46 Street SE, Calgary, AB - REW
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$599,000
5 bd • 3 ba • 1249 sf • House
2001 46 Street SE
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$599,000
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2001 46th Street SECalgary, AB, T2B 1K5

Forest Heights
  • 5 Bed
  • 3 Bath
  • 1249 Sqft
  • House

About this home

55' x 122' R-CG CORNER LOT WITH REAR LANE ACCESS, LEGAL SECONDARY SUITE, AND STRONG REVENUE POTENTIAL! This property is excluded from the repeal of the city wide rezoning. Prime inner-city redevelopment opportunity in an area experiencing significant revitalization, with numerous multi-unit projects completed and underway on similar-sized parcels. Located just one block from International Avenue and close to shopping, schools, transit, and other amenities, this property offers exceptional future development potential while generating strong rental income today. Previously generating $4,265 per month in rental income (including garage rental and utilities), this is a rare opportunity to secure a redevelopment site with immediate cash flow. This extensively updated property features 5 bedrooms, 2.5 bathrooms, and a LEGAL secondary suite, making it an attractive income-producing asset while future plans are explored. The main floor offers 3 bedrooms and 1.5 bathrooms, including a private primary bedroom with its own ensuite, separated from the additional bedrooms for added privacy. Hardwood flooring, built-in shelving, eight closets, a balcony off the living room, and a spacious bathroom featuring a horseshoe-shaped vanity with abundant storage provide excellent functionality for owners or tenants alike. The lower level features a bright LEGAL 2-bedroom suite with large windows throughout, oversized bedrooms with built-in desks, a full bathroom, and a renovated kitchen complete with a full appliance package, ample counter space, and abundant cabinetry. Shared laundry and additional storage are conveniently located in the common area, while the utility room is protected by a sprinkler system. Outside, the property includes an oversized heated double detached garage, driveway parking for two additional vehicles, a large fenced yard, mature trees, storage shed, and concrete patio. Major updates include windows and patio doors (2017-2022), lower suite kitchen (2018), furnace and hot water tank (2019), main floor bathroom renovations (2020), lower suite bathroom renovation (2022), garage door (2022), vinyl plank flooring in the lower suite (2017), and more. Whether you're an investor seeking strong cash flow, a developer looking for your next project, or a buyer wanting both income and future upside, this well-maintained property offers exceptional value in a rapidly evolving inner-city location.
Listed by: Sandy Fransham, Baxter & Associates Real Estate Services

Home facts and features

Price details
List Price
$599,000
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Home facts
Bedrooms
5
Full Bathrooms
2
Partial Bathrooms
1
Parking Spaces
2
Property Type
House
Lot Size
6534 ft²
Frontage
54.99 ft
Year Built
Built in 1967 (59 yrs old)
Style
Bungalow
Heating Type
Forced Air
Pool
Pool
Basement Details
Full
Features
Back Lane, Back Yard, Balcony, Bookcases, Built-in Features, Ceiling Fan(s), Closet Organizers, Common Area, Corner Lot, Fishing, Fruit Trees/shrub(s), Garden, In Basement, Lake, Landscaped, Laundry Room, Lawn, Low Flow Plumbing Fixtures, Park, Private Yard, Rectangular Lot, Schools Nearby, Separate Entrance, Skylight(s), Treed, Vinyl Windows, Walking/bike Paths
Amenities
Playground, Shopping Nearby, Storage
Appliances
Dryer, Garage Control(s), Washer, Window Coverings
Community
Agent details
Primary Agent
Primary Broker
Baxter & Associates Real Estate Services
Listing details
Days on REW
1 Day
MLS® Number
A2288676
Source
Pillar 9
Board
Calgary Real Estate Board
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Property Insights

Forest Lawn High School
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Holy Trinity School
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Patrick Airlie School
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Valley View School
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Ernest Morrow School
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Ian Bazalgette School
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Holy Cross Elementary Junior 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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Sandy Fransham
Phone:
403-455-3639
Office:
403-282-0058
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