Detached for sale at 1816 42 Street SE in Forest Lawn, Calgary

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1816 42 Street SE
Forest Lawn Calgary T2B 1E9

$474,900
Residential beds: 3 baths: 2.0 850 sq. ft. built: 1959

Main Photo: Detached for sale at 1816 42 Street SE in Forest Lawn, Calgary
Photo 1: Detached for sale at 1816 42 Street SE in Forest Lawn, Calgary
Photo 2: Detached for sale at 1816 42 Street SE in Forest Lawn, Calgary
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2285724
Bedrooms:
3
Bathrooms:
2
Year Built:
1959
CHECK OUT OUR 24/7 VIRTUAL OPEN HOUSE! Investors and savvy buyers—this is a rare inner-city opportunity with M-C1 zoning, offering long-term redevelopment potential (multi-residential density, up to 4 storeys, subject to city approval). Pair that with an existing legal up/down suite, and you’ve got the best of both worlds: income today + upside tomorrow. This beautifully maintained bungalow features 2 bedrooms and a 4-piece bath on the main level, plus a legal 1-bedroom basement suite with a 3-piece bath—ideal for investors, multi-generational living, downsizers, or owner-occupants wanting a reliable mortgage helper. The main floor has been tastefully refreshed with warm vinyl plank flooring, fresh paint and trim, and refurbished kitchen cabinets, creating a bright and welcoming space. Downstairs, the fully finished legal suite offers excellent flexibility for rental income or extended family. Outside, you’ll appreciate the large, level lot with extra rear/side parking (perfect for a boat or small RV), plus a double garage off the back lane for secure parking and storage. Added bonus: a new roof on both the house and garage (2024) for peace of mind. Centrally located close to Deerfoot Tr, shopping, schools, and public transit make this home perfect for any family at any stage of life. Whether you’re building your portfolio, planning future redevelopment, or looking for a home that helps pay for itself, this one checks all the boxes.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Yes
Num Legal Suites:
1
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
850 sq. ft.
Main Level Finished Area:
850 sq. ft.
Below Grade Finished Area:
816 sq. ft.
Acreage:
No
Lot Area:
5,306 sq. ft.
Lot Frontage:
43'6⅛"
Front Exposure:
West
Levels:
One
Total Rooms Above Grade:
4
Year built:
1959 (Age: 67)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1883GR
Heating:
Forced Air
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Laminate, Linoleum, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached, Parking Pad, RV Access/Parking
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Southeast
Forest Lawn
Dryer, Electric Range, Garage Control(s), Range Hood, Refrigerator, Washer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
18'3" × 14'1"
Main Floor
Kitchen
13'9" × 13'6"
Main Floor
Bedroom - Primary
12' × 10'6"
Main Floor
Bedroom
10'3" × 10'1"
Basement
Kitchen
12'4" × 8'5"
Basement
Dining Room
12'4" × 5'11"
Basement
Game Room
13'11" × 12'4"
Basement
Bedroom
12'7" × 9'
Basement
Furnace/Utility Room
12'5" × 9'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 10'2"
Basement
No
3
5'7" x 5'3"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
None
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard, Landscaped, Low Maintenance Landscape, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
M-C1
Listed Date:
Feb 12, 2026
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Listed by Real Broker
Data was last updated February 23, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$499,900
Min list price:
$149,900
Max list price:
$899,900
Avg days on market:
28
Min days on market:
4
Max days on market:
876
Avg price per sq.ft.:
$507.33
These statistics are generated based on the current listing's property type and located in Forest Lawn. Average values are derived using median calculations. This data is not produced by the MLS® system.
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