pillar/IMG-A2306320_1.jpg
27 days on Market

1527 49 St, Calgary, Alberta T2A 1S2

Detached
2 + 1
2
~965.80 sqft
$•••,•••
$479,900
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Detached
2 + 1
2
~965.80 sqft

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Highlights

Property Estimate

Days on market27 days

Estimated valueNot available

Price/Sqft$496/sqft

Monthly cost

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Description

**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.


Property Details

StyleBungalow
View-
Age of property1962
SqFt~965.80 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2306320
Community NameForest Lawn
Data SourcePILLAR 9
Listing byMaxWell Capital Realty

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished,None

Main Floor

4pc Bathroom

Bedroom - Primary

18`4" x 11`0"

Bedroom

9`9" x 8`6"

Living Room

13`10" x 13`6"


Features

Patio: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Apr 29, 2026
ListedActive
$479,900
27 days on market
history photo preview35
Listing by pillar 9®
Property listed by MaxWell Capital Realty, Brokerage
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Market Data - Forest Lawn

Geo Zone Map ThumbnailForest Lawn

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2025

31 days

2024

68 days

2023

16 days

New Listings

Past 30 days

7 listings

Compared to

2025

10 listings

2024

5 listings

2023

6 listings

Units sold

Past 30 days

2 units

Compared to

2025

7 units

2024

9 units

2023

9 units

Median Sold Price

Past 30 days

$435,500

Compared to

2025

$512,500

2024

$525,000

2023

$391,000


Population and Demographics

Overview

Total population 7270
Average household income $80,302

Age (%)

0 to 19
23%
20 to 34
20%
35 to 49
21%
50 to 64
24%
65 and plus
13%

Household composition (%)

Single family
50%
Single person
35%
Multi person
15%
Multi family
1%

Mother tongue (%)

English
72%
Vietnamese
7%
Tagalog (Pilipino, Filipino)
6%
Others
4%
Arabic
4%
Spanish
2%
French
1%

House tenancy (%)

Renters
62%
Owners
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget