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1509 38 Street SE, Calgary, AB, T2A 1G7

MLS® # A2259892

House For Sale In Forest Lawn, Calgary, Alberta

$619,900 QuickQuote^TM: $490K - $656K

2+2 Beds

2 Baths

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1509 38 Street Se, Calgary, AB - Outdoor

1509 38 Street Se, Calgary, AB - Indoor Photo Showing Living Room

1509 38 Street Se, Calgary, AB - Indoor Photo Showing Other Room

1509 38 Street Se, Calgary, AB - Indoor Photo Showing Kitchen

1509 38 Street Se, Calgary, AB - Indoor Photo Showing Bedroom

1509 38 Street Se, Calgary, AB - Indoor Photo Showing Bathroom

1509 38 Street Se, Calgary, AB - Indoor With Fireplace

1509 38 Street Se, Calgary, AB - Indoor Photo Showing Laundry Room

1509 38 Street Se, Calgary, AB - Outdoor With Exterior

1509 38 Street Se, Calgary, AB - Outdoor With Deck Patio Veranda

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1509 38 Street SE, Calgary, AB, T2A 1G7

$619,900

4 Beds

2 Baths

Property Information:

Welcome to 1509 38 Street SE — a home that doesn’t just check boxes, it opens doors. Renovated top to bottom, this bungalow blends modern comfort with real investment power, sitting proudly on a 50×126 ft R-CG lot with a fully finished Legal Basement Suite and an Oversized Heated Garage.Inside, the main floor shines with an expansive 225 sq ft Primary Bedroom, a second bright Bedroom, and a refreshed Full Bath. The Kitchen steals the show with Stainless Steel Appliances, Sleek Cabinetry, and Open Sightlines that make the space feel both welcoming and functional. Throughout, you’ll notice thoughtful Renovations — New Flooring, New Doors, Updated Lighting & Electrical, Fresh Paint, and Newer Windows that pour sunlight into every corner. You also have a High Efficiency Furnace, Tankless Water Heater, and A/C, making this comfortable, no matter the weather. Outside you'll find the newer roof, with a 35 year shingle on the house, and a 25 year shingle on the garage. Downstairs, opportunity awaits. The Legal Basement Suite is set up with 2 Bedrooms, a Full Bath with a Jacuzzi Tub, Kitchen, and Large Living Area — a space that has been ran as both a successful Long Term Rental, and an AirBnB (where it is currently listed as a long term rental). This gives you the flexibility to house extended family, create a mortgage helper, or expand your short-term rental income. And with RCG Zoning, the lot itself becomes a long-term play, offering Redevelopment Potential in a growing pocket of the city.Step outside to discover even more value. The Oversized Heated Double Garage with a Loft Area is a rare find — a dream space for mechanics, hobbyists, or tenants who value storage. There's even a wall built between the two parking spots so you could rent one side to each suite! The Fenced Yard is generous and versatile: you have a dedicated dog run, with a low maintenance yard, and you can garden, entertain under the Pergola (that's included), or host that family BBQ on the Outdoor Kitchen that stays with the home! Let's not forget that you also have a massive RV Parking Pad that can not only fit a 40ft RV, but has room beside it to fit a second one, and has a 50amp Hookup. With space to park 2 more vehicles behind the garage, Offstreet Parking is never an issue here. Between the Upstairs Suite, the Legal Basement Suite, both Sides of the Garage, and both RV Parking Spots, that gives 6 Potential Income Streams!All of this is anchored in Forest Lawn, where convenience meets community. The area is undergoing huge Development & Revitalization Project by creating more housing options, recreational spaces , and community facilities. Transit, schools, parks, and shopping are all close by. Downtown is a short commute away, making it just as appealing to renters as it is to homeowners.Whether you’re a first-time buyer looking to crush your mortgage or an investor searching for strong cashflow in a high-demand market, this property is more than a home — it’s a strategy for the future.

Inclusions: Pergola and Outdoor Kitchen in the Backyard

Building Features:

Air Conditioning: Yes
Total Finished Area: 904.70

Property Features:

Bedrooms: 2+2
Bathrooms: 2+0
Architectural Style: Up/Down, Bungalow
Built in: 1957
Construction Materials: Wood Frame
Cooling: Central Air
Exterior Features: Dog Run, Outdoor Kitchen, Private Yard
Fireplace Features: Electric, Living Room
Floor Space (approx): 904.70 Square Feet
Flooring: Hardwood
Foundation Details: Poured Concrete
Heating: Forced Air
Interior Features: Chandelier, Jetted Tub, Recessed Lighting, Separate Entrance, Storage, Tankless Hot Water
Levels: One
Lot Size: 6296.00 Square Feet
Parking Features: Double Garage Detached, Garage Door Opener, Garage Faces Rear, Heated Garage, Insulated, Off Street, Oversized, Parking Pad, RV Access/Parking
Roof: Asphalt Shingle
Zoning: R-CG
No. of Parking Spaces: 6

Courtesy of: MaxWell Canyon Creek

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Notes:

QuickQuote^TM

Approximate value for 4 bed, 2 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$619,900

List Price

$489,531

$656,416

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Market Price Trends

Location of 1509 38 Street SE, Calgary, AB, T2A 1G7

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 1509 38 Street SE, experiences 7 hot days per year at around 29.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 33.4 degrees Celsius.

Projected Avg. Temperature

Past

29.4℃

2050

33.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

21/100

Moderate-Low

ClimateCheck®

Current data

This property, 1509 38 Street SE, experiences 10 significant 2-day storms per year, with about 196.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 210.1mm of precipitation per year.

Precipitation Per Storm

Past

196.8mm

2050

210.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1509 38 Street SE, Calgary, AB, T2A 1G7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,791.93

Average Number of Children

1.86

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.19 %

High school certificate or equivalent

40.15 %

Apprenticeship trade certificate/diploma

8.43 %

College/non-university certificate

15.52 %

University Degree

7.7 %

Commuter

Travel To Work

By Car

73.76 %

By Public Transit

15.58 %

By Walking

5.39 %

By Bicycle

0.03 %

By Other Methods

5.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.16 %

Houses

59.84 %

Own Vs. Rent

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1509 38 Street SE, Calgary, AB, T2A 1G7 $619,900 MLS® # A2259892

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 1509 38 Street SE, Calgary, AB, T2A 1G7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1509 38 Street SE, Calgary, AB, T2A 1G7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1509 38 Street SE, Calgary, AB, T2A 1G7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing