38 St SE

4 Bedroom House has been listed for sale at 1316 38 St Se in Calgary for $599,900. Chat with a local expert, book a tour.

Calgary

Forest Lawn

1316 38 St Se

1316 38 St Se, For Sale in Calgary - eXp Realty

Welcome to this beautifully updated home in the rapidly redeveloping community of Forest Lawn! Offering rental income potential of up to $3, 700/month, this versatile property is perfect for homeowners looking to live upstairs and rent downstairs or for investors seeking strong cash flow. Sitting on a large lot with future multi-family development possibilities, this home presents an excellent opportunity in a thriving neighborhood. The main floor boasts a bright and inviting open-concept layout, where a stylish feature wall in the living area adds character and charm. The space flows seamlessly into the dining area and a modern kitchen equipped with sleek finishes and stainless steel appliances. Three spacious bedrooms provide comfortable living, including one with direct access to a large deck—perfect for relaxing or entertaining. A beautifully updated 4-piece bathroom completes this level. Another separate rear entrance leads to the common laundry area and an income-generating illegal basement suite. The illegal basement suite features a generous living and dining area, a full kitchen, and a 4-piece bath. The large bedroom has the potential to be converted into two bedrooms, further maximizing rental income. Additional highlights include an oversized detached garage plus two extra parking spots in the back, with plenty of street parking available. Located in a community undergoing significant redevelopment, this home is close to top amenities, schools, shopping, dining, and public transit, with easy access to downtown. With its strong rental potential, future redevelopment possibilities, and prime location, this property is a must-see! Book your showing today!

OPEN HOUSE SATURDAY JUNE 1 St :1:00 to 3:00 PM. SEPARATE rear entry to LOWER Illegal SUITE.Oversize DOUBLE DETACHED GARAGE with TWO overhead doors . Main Floor UPDATED MAPLE KITCHEN CABINETS , TILE Flooring and access door to basement . Tile Foyer entry. Master bedroom with Double French Doors to Big Deck . Common laundry room at bottom of stairs for access to upper and lower illegal suite . Illegal suite has very large bedroom that could be put back to a TWO bedroom, full 4 Pce bathroom with TILE flooring . Huge Living/Dining room combo. HUGE private fenced back yard with extra gravel parking pad . Updated furnace. Current tenant would like to Stay.

1316 38 St Se, Calgary, AB

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