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Discover a unique opportunity in the vibrant real estate market of Calgary with homes featuring secondary rentable suites. These properties offer a harmonious blend of modern living and investment potential, catering to those seeking both comfortable accommodations and a chance to generate rental income. Nestled within various communities throughout Calgary, these homes provide the versatility that homeowners desire. Whether you're a savvy investor looking to capitalize on the city's strong rental demand or a homeowner aiming to offset mortgage costs, these homes with secondary suites offer a pathway to financial freedom.

Calgary's real estate landscape is evolving, and properties with secondary rentable suites are at the forefront of this shift. Prospective buyers will find a range of options, from stylish urban residences with basement apartments to charming suburban homes featuring separate garden suites. This diversity not only accommodates different preferences but also contributes to the city's urban planning goals by increasing housing density without compromising the aesthetic appeal of the neighborhoods. Imagine owning a home in a picturesque Calgary community while simultaneously reaping the rewards of being a landlord.

Investing in a home with a secondary rentable suite in Calgary presents an enticing proposition. With the city's steady population growth and a competitive rental market, these properties are primed for strong and consistent demand. The additional rental income can significantly offset the cost of homeownership, turning properties into smart investment vehicles. Moreover, Calgary's strategic location within the energy sector and its emergence as a hub for technology and innovation ensure a stable economic environment, further enhancing the attractiveness of these homes. For those seeking a residence that aligns with both their lifestyle needs and financial goals, homes with secondary suites in Calgary stand as a testament to modern real estate ingenuity.

All Calgary MLS® Listings of Homes with Suites for sale today.

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916 40 Street SE
Forest Lawn Calgary T2A 1J6

$439,900
Residential beds: 5 baths: 3.0 1,186 sq. ft. built: 1976

Main Photo: 916 40 Street SE, Calgary - Forest Lawn
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2069658
Bedrooms:
5
Bathrooms:
3
Year Built:
1976
OPEN HOUSE SEPTEMBER 21,22,23, AT 1 PM TO 430 PM ;LIKE NEW JUST PAINTED,NICE NEW;AND CLEAN,MOVE IN TODAY ,VACANT ,JUST REDUCE PRICE FOR YOU;BI-LEVEL ,DUPLEX WE SUITE-ILLEGAL , UP/DOWN; SEPARATE ENTRANCE.THIS IS INVESTMENT PROPERTY, LIVE UP AND RENT DOWN OR VICE VERSA, 5 BEDROOMS,3 FULL BATHS;NEW PRICE ;GOOD REVENUE ,NO CONDO FEE; BI-LEVEL ,DUPLEX WE SUITE-ILLEGAL , UP/DOWN; SEPARATE ENTRANCE.THIS IS INVESTMENT PROPERTY, LIVE UP AND RENT DOWN OR VICE VERSA, WE 2 FURNACES, 2 HOT WATER HEATER TANK , 2 ELECTRICIAN PANELS, LAUNDRY ROOM FOR 2, PARKING FOR 4 CARS, MAIN OR UP : HAS 3 BEDROOMS ,2 BATHS, MASTER BEDROOM WITH ENSUITE 4 PCS.BATH AND DECK, VERY GOOD SIZE KITCHEN ;LIVING ROOM WITH WOOD FIREPLACE AND FRONT BALCONY; FORMAL DINING ROOM ; DOWN SEPARATE ENTRANCE ;WITH 2 BEDROOMS, 1 (4PCS)BATH; LIVING ROOM ;KITCHEN,AND DINING ROOM; BRIGHT HOME, SE TO EVERYTHING ,5 MINUTES TO C-TRAIN STATION,OR LRT,BUS,SCHOOLS,SHOPPINGS,DOWNTOWN,EASY ACCESS TO DEERFOOT AND TRANS-CANADA HIGHWAY.ETC.OPEN HOUSE EVERYDAY WE YOUR APPOINTMENT.BI-LEVEL ,DUPLEX WE SUITE-ILLEGAL , UP/DOWN; SEPARATE ENTRANCE.THIS IS INVESTMENT PROPERTY, LIVE UP AND RENT DOWN OR VICE VERSA,
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bi-Level, Up/Down
Total Living Area:
1,186.34 sq. ft.
Main Level Finished Area:
1,186.34 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,075.42 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,672 sq. ft.
Lot Frontage:
10'2"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Entry Level:
1
Levels:
Bi-Level
End Unit:
End Unit
Total Rooms Above Grade:
6
Year built:
1976 (Age: 47)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
3750AM
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Laminate
Cooling:
Other
Fireplaces:
1
Fireplace Details:
Wood Burning
Utilities:
Cable Connected, Electricity Available, Natural Gas Available
Garage:
0
Parking:
Rear Drive, Stall
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Forest Lawn
Electric Stove, Refrigerator, Washer/Dryer
2 FRIGES;2 STOVES;WASHER,DRYER;AL WINDOWS COVERINGS
Airspace Restriction
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
16'2" × 11'10"
Main Floor
Bedroom
13'8" × 11'10"
Main Floor
Bedroom
9'10" × 8'3"
Main Floor
Kitchen
16'8" × 12'6"
Main Floor
Dinette
13'2" × 10'4"
Main Floor
Dinette
14'8" × 11'5"
Lower Level
Bedroom
13'4" × 10'5"
Lower Level
Bedroom
13'4" × 10'5"
Lower Level
Living Room
20' × 12'5"
Lower Level
Kitchen With Eating Area
17'6" × 9'10"
Lower Level
Storage
11'7" × 11'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'11"
Lower Level
No
4
9'10" x 6'7"
Suite
Yes
4
4'11" x 7'11"
Title to Land:
Fee Simple
Community Features:
Airport/Runway, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Separate Entrance
Exterior Features:
None
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Back Lane, Front Yard, Garden, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-C2
Listed Date:
Jul 28, 2023
Days on Mkt:
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Listed by CIR REALTY
Data was last updated September 26, 2023 at 04:05 AM (UTC)
Jerry Charlton - Realtor®
Al Wiebe - Realtor®
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.