1502 40 Street Se, Calgary, Alberta

$630,000

Previous Next

5

Beds

2

Baths

940

Square feet

0.12

Acres

About 1502 40 Street Se

Welcome to this WELL-MAINTAINED BUNGALOW situated on a large lot in a convenient SE Calgary location. Offering over 1,700 SQ. FT. OF DEVELOPED LIVING SPACE, this property features 5 BEDROOMS, 2 FULL BATHROOMS, AN ILLEGAL BASEMENT SUITE, AND A MASSIVE OVERSIZED DOUBLE DETACHED GARAGE, making it an excellent opportunity for homeowners, multi-generational families, or savvy investors. The main floor offers approximately 880 SQ. FT. ABOVE GRADE and showcases a bright and spacious living room highlighted by a cozy fireplace, a functional kitchen with ample cabinetry and dining space, a generous PRIMARY BEDROOM, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement features a SEPARATE ENTRANCE, its own kitchen, a large recreation/living area, 2 ADDITIONAL BEDROOMS, a 3-piece bathroom, laundry area, and plenty of storage space—providing excellent flexibility for extended family living or mortgage-helper potential. Recent upgrades include an UPGRADED WASHER AND DRYER and a NEWER HOT WATER TANK, offering added value and peace of mind. Additional conveniences include a CENTRAL VACUUM SYSTEM and a WHOLE-HOUSE WATER FILTRATION SYSTEM, enhancing everyday comfort and functionality. Outside, you'll appreciate the beautifully maintained yard, LARGE PRIVATE BACKYARD, expansive patio area, and an impressive OVERSIZED DOUBLE DETACHED GARAGE with approximately 597 SQ. FT. OF SPACE, perfect for vehicles, tools, hobbies, workshop use, or additional storage. Ample off-street parking further adds to the property's appeal. Ideally located close to schools, shopping, public transit, parks, playgrounds, major roadways, and downtown Calgary, this property offers the perfect blend of convenience, versatility, and income potential. Whether you're looking to live up and rent down, accommodate a growing or multi-generational family, or add a solid revenue property to your investment portfolio, this home delivers exceptional value and endless possibilities. DON'T MISS THIS INCREDIBLE OPPORTUNITY!

Features of 1502 40 Street Se

MLS® # A2323322
Price $630,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 940
Acres 0.12
Year Built 1958
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 1502 40 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2A 1K2

Amenities

Parking Spaces 4
Parking Double Garage Detached, Off Street
# of Garages 4
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Central Vacuum, No Animal Home, No Smoking Home, See Remarks, Separate Entrance, Storage, Vinyl Windows
Appliances Electric Cooktop, Electric Oven, Range Hood, Refrigerator, Washer/Dryer
Heating Central, Mid Efficiency, Forced Air, Natural Gas
Cooling None
Fireplace Yes
# of Fireplaces 2
Fireplaces Wood Burning
Has Basement Yes
Basement Full

Exterior

Exterior Features Garden, Private Yard
Lot Description Back Lane, Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Standard Shaped Lot, Street Lighting, Treed
Roof Shingle
Construction Brick
Foundation Brick/Mortar

Additional Information

Date Listed June 23rd, 2026
Days on Market 28
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCIR Realty

Listing Map