1502 40 Street SE, CALGARY

2026-06-24
 

Quick Summary

Location
1502 40 Street SE, CALGARY, Alberta T2A1K2
Price
$649,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
940 sqft
Bedrooms:
3 bed +2
Bathrooms:
2
Garages:
4
Year of Construction:
1958
Video Link:

MLS®#A2323322

Property Description

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 T HIS INCREDIBLE OPPORTUNITY! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Schools, Shopping

Building

  • Appliances: Refrigerator, Oven - Electric, Cooktop - Electric, Hood Fan, Washer & Dryer
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Features: Separate entrance, Suite
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Flooring Type: Laminate
  • Interior Size: 940 sqft
  • Building Type: House
  • Stories: 1

Features

  • Feature: Treed, See remarks, Back lane, PVC window, No Animal Home, No Smoking Home

Land

  • Land Size: 474 m2|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-CG

Information entered by CIR Realty
Listing information last updated on: 2026-06-23 23:41:42


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$500,000

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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Are your listings on MLS® and realtor.ca?

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Learn more about the One Percent Realty Deal

 

April Isaac Associate

Phone:
403-888-4003
Email:
aprilonepercent@gmail.com
Support Area:
CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON

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Anna Madden Associate

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587-830-2405
Email:
anna.madden05@gmail.com
Support Area:
Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills

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403-619-0621
Email:
homesbydabs@gmail.com
Support Area:
Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds, Cochrane

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