Forest Lawn Homes with Full Basement Development

Forest Lawn Homes with Full Basement Development

Welcome to Forest Lawn, a vibrant and diverse community nestled in the heart of Calgary, Alberta. Known for its rich cultural tapestry and friendly atmosphere, Forest Lawn offers residents a unique blend of urban convenience and suburban charm. With easy access to downtown Calgary, this neighborhood is perfect for those who appreciate the hustle and bustle of city life while enjoying the tranquility of a close-knit community.

One of the standout features of homes in Forest Lawn is the availability of properties with full basement development. These versatile spaces provide homeowners with endless possibilities—whether you envision a cozy family room, a home office, or an additional rental suite, the full basements in this area are a true asset. Imagine hosting gatherings with friends and family in your spacious basement, or creating that dream entertainment space you've always wanted.

The community itself is adorned with lush parks, playgrounds, and recreational facilities, making it an ideal place for families and outdoor enthusiasts. Residents benefit from a variety of local amenities, including shops, restaurants, and schools, all within walking distance. The strong sense of community spirit is palpable, with numerous events and activities that bring neighbors together throughout the year.

Whether you are a first-time homebuyer, a growing family, or looking to invest, Forest Lawn’s homes with full basement development offer both comfort and potential. Discover the charm of Forest Lawn and make it your next home—where community meets opportunity!

Newest Forest Lawn Homes with Full Basement Development

$615,000
3 Beds ⋅ 2 Baths ⋅ A2340904 MLS® #
Click brochure link for more details** One of a Kind Professionally Renovated Top to Bottom 1150sq.ft. Main Floor: 2 Bedrooms, Forced Air Furnace + A/C Heat Pump, Double Oven, Side by Side Fridge, Dishwasher, Sounds Around System Throughout Interior and Exterior Deck, Large 2 -tier Deck, Eight Person Hot Tub With 82 jets, Gas Barbeque Hook up, Outdoor Pet Washing Area on Deck H/C Water, Alarm system, Central Vacuum System, Alarm System, Washer/Dryer, Kinetic Soft Water System. -Basement: Legal Secondary Suite $1300 per month, Private Entrance, 1 Bedroom With Walk in Closet, Soundproofing Ceiling With Flush Mounted Pot Lights Throughout, Full Kitchen, With All Appliances Four Piece Bathroom, Stackable Washer and Dryer, Alarm System -Land: Fenced 6' High, Custom Gates, Underground Sprinklers, 8'x10' Garden Shed. Garage: Triple Car Garage 850 sq. ft., With 13' Ceiling, Car Lift Ready, in Floor Heating + Overhead Gas Furnace, 80 Gallon Compressor Plumbed to all Interior Walls, Checker Plated Work Benches Both With Solid Oak Tops, Floor to Ceiling Storage Racks, 30' Full Length Mezzanine on Single Garage Door Side, Stereo System and Speakers, Privacy Wall for RV Parking With a 30 Amp RV Plug 10 Min. From City Centre, 20 min. to Airport 2211 45 Street SE Calgary Alberta

2211 45 Street Se, Calgary

Courtesy of Honestdoor Inc..
$835,000
10 Beds ⋅ 5 Baths ⋅ A2341560 MLS® #
A rare FULL DUPLEX OPPORTUNITY with exceptional flexibility, multiple (FOUR) existing living spaces and incredible potential for an investor, multi-generational household, or owner looking to offset their mortgage with rental income. Offering over 3200sf above grade between both sides, this unique property provides a variety of possibilities both now and in the future.One side features a spacious 1760sf TWO STOREY HOME WITH FULLY DEVELOPED BASEMENT. Keep the home as one large residence, live here while generating income from the neighbouring units, or explore the potential to create an additional basement suite with its own separate entrance (subject to city requirements). The two storey side does require some TLC, but its size and layout offer an excellent opportunity to renovate and add value.The adjoining 1450sf BUNGALOW adds even more versatility. Its lower level already includes an EXISTING 1-BEDROOM LEGAL SUITE, along with an ADDITIONAL STUDIO STYLE LIVING SPACE with a kitchenette. The bungalow also benefits from an existing SEPARATE SIDE ENTRANCE, helping provide privacy and independence between living areas.For an investor with vision, the property offers the potential for UP TO FIVE SELF-CONTAINED LIVING SPACES across the entire duplex (subject to city requirements). Alternatively, occupy one side and rent the other, accommodate extended family while maintaining separate spaces, or simply hold the property as a substantial full-duplex rental.Outside, the property is already well designed for multiple households. The backyards are SEPARATELY FENCES, each with its own access to the EXPANSIVE REAR PARKING PAD spanning the width of the property. There is also significant potential to further develop the parking area with up to two garages or one oversized garage.Big properties create big possibilities, and this one offers a combination of space, existing rental infrastructure and future value-add potential that is difficult to find. Whether your vision is a multi-unit investment, mortgage-helper setup, multi-generational property or renovation project, there is plenty here to work with.

2615/2613 39 Street Se, Calgary

Courtesy of RE/MAX First.
$580,000
5 Beds ⋅ 2 Baths ⋅ A2341465 MLS® #
SHOWS 10/10! ATTENTION FIRST-TIME HOMEBUYERS, BUILDERS AND DEVELOPERS! This property is a CORNER LOT HOME and presents an outstanding opportunity in a growing area with excellent access to transit, schools, parks, and shopping. EXPLORE THE POTENTIAL FOR FUTURE MULTI-UNIT REDEVELOPMENT, including a 4-plex, subject to City of Calgary approval and all applicable regulations. 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, BASEMENT SUITE (Illegal), 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!

1502 40 Street Se, Calgary

Courtesy of CIR Realty.
$499,900
4 Beds ⋅ 2 Baths ⋅ A2339873 MLS® #
Welcome to your next chapter: an exceptional family home perfectly positioned across from a peaceful greenspace and moments from Forest Lawn Athletic Park, as well as nearby FLH, Ernest Morrow Jr High schools and everyday conveniences. Thoughtfully refreshed from top to bottom, this residence showcases fresh designer paint, brand-new luxury vinyl plank flooring on both levels, and new lighting throughout. Outside, the home makes an equally impressive statement with updated exterior siding and paint, beautifully refreshed fencing, and a rare oversized 24x23 double garage (built in 2012) offering ample space for vehicles, storage, and hobbies alike. Set on an expansive lot with plenty of room for family gatherings, play, and entertaining, the home continues to impress inside with a fully developed basement featuring a spacious recreation room, additional bedroom, versatile den, and dedicated laundry area. Major updates including windows, shingles, furnace, and electrical panel were all completed in 2012—allowing you to simply move in and enjoy. Ideally located near parks, transit, shopping, schools, and with quick access to Deerfoot Trail, this is a rare opportunity to own a beautifully updated home in a connected, family-friendly setting. Arrange your private showing today.

1508 45 Street Se, Calgary

Courtesy of Century 21 Bamber Realty LTD..
$529,000
5 Beds ⋅ 3 Baths ⋅ A2337840 MLS® #
This half duplex is fully renovated /remodled IN 2023 AND HAVING LEGAL SUITE . It has new furnaces , hot water Tank , all electric , new roof , new appliances with legal suite . The main level & legal suite is rented out which will be a big time mortgage helper and mortgage qualification . It has own independent entry and privacy . The community is getting vibrant with all around new construction projects going on for rental units potential . The property is close to all amenities like bus route , no frills , KFC and many more close to International Avenue and 10 minutes drive to down town to join a work force and enjoy the down town life . Do not miss to occupy to merge in a vibrant community . The 2006-41 Street SE is not listed but buyer can buy AS A full plex . The RMS are taken from last listing , There is no alteration after the last listing .

2008 41 Street Se, Calgary

Courtesy of LPT Realty.
$749,900
6 Beds ⋅ 2 Baths ⋅ A2333295 MLS® #
Move-in ready home on an oversized lot with over 9350 sq ft with unlimited development prospects AND STRONG REVENUE POTENTIAL; only about 10 mins from downtown Calgary. Total living space of over 2400 sq ft. Total of 6 Bedrooms. The home is also significantly renovated and ready for move-in.The upper unit is bright and has total of 3 bedroom; the kitchen is freshly renovated, and the home is freshly painted. The kitchens have quartz countertop and brand-new cabinets as well. The back entrance gives you access to the 3-bedroom illegal basement suite on this walk-out lot. The mechanical room in the basement also has ample space for lots of storage. Total developed space of 1169 sq ft in the basement. The home is very accessible – under 7 mins drive away from: train station (5 mins away), bus stops (one min away), schools (about 7 schools), library, multiple grocery stores, green spaces, parks, clinic and more. The police station and fire station is about 5 mins drive away.This home is being sold “as is”. You can buy this as a rental property and rent as is or further develop it to build multi-family units on it subject to the required approvals – your great choices are endless.

1506 36 Street Se, Calgary

Courtesy of eXp Realty.
$599,900
3 Beds ⋅ 1 Baths ⋅ A2335671 MLS® #
An exceptional opportunity for developers, investors, and builders in a rapidly transforming inner-city corridor. Situated on a large 50' x 122' RC-G lot, this property comes with Development Permit (DP) approval from the City of Calgary for an 8-unit residential project, allowing you to fast-track your next development. This lot is exception for building as its a flat lot with no power poles and very few trees. The surrounding area is experiencing significant revitalization, with numerous newly completed and approved multi-family projects nearby, making this an outstanding investment in one of southeast Calgary's emerging redevelopment pockets.The existing bungalow offers excellent holding income while you plan your project, featuring 3 bedrooms on the main floor and a 2-bedroom illegal basement suite with a separate entrance. Recent updates include new shingles on both the house and detached garage as well as a new sewer line from the home to the city connection. The main floor showcases original hardwood flooring beneath the living room carpet, a cozy wood-burning fireplace, a spacious kitchen and dining area, three generous bedrooms, and a full bathroom. The basement includes a shared laundry area, full kitchen, large living room, two bedrooms, a 3-piece bathroom, and additional storage.Perfectly positioned at 2622 42 Street SE, this property offers exceptional convenience with schools, parks, playgrounds, public transit, and shopping all within walking distance. Residents will appreciate quick access to 17 Avenue SE (International Avenue), a vibrant destination known for its diverse restaurants, cafés, grocery stores, and everyday amenities. Major routes including Memorial Drive, Deerfoot Trail, and Stoney Trail provide easy commuting throughout Calgary, while downtown is just a short drive away.Whether you're looking to develop immediately with an approved 8-unit project, hold as an income-producing property, or renovate for future appreciation, opportunities like this are becoming increasingly rare. Don't miss your chance to secure a prime redevelopment property in a thriving, high-growth location.

2622 42 Street Se, Calgary

Courtesy of Real Broker.
$590,000
3 Beds ⋅ 1 Baths ⋅ A2334591 MLS® #
Developers Alert! , very good mc1 zoning potential for mufti family 3-4 stories apartments , 3 bedrooms , 1 full bath , near city bus corridor , renovated kitchen very good size deck , very near to all the shopping. back alley and side alley , good rental property or development property , whole block has multi story apartments building.

1718 37 Street Se, Calgary

Courtesy of GoTopLevel.
$529,900
5 Beds ⋅ 2 Baths ⋅ A2333744 MLS® #
This bungalow offers a illegal suite in basement. The upgrades this property features are: hardwood floors, updated bathroom main floor, furnace & water heater have been updated, deck & rear fence new last year, windows & siding also updated, air conditioning, illegal suite is also newer & very well done. The main floor features a spacious living room, kitchen, dining area that offers patio doors to the rear deck, 4pc bathroom, laundry & 3 good size bedrooms. The lower illegal suite offers a living room, kitchen, 4pc bathroom, laundry, 2 good size bedrooms & a storage/utility room, Close to schools, bus, shopping, green spaces & all other amenities. Click on link to view 3D wlak through.

2614 44 Street Se, Calgary

Courtesy of RE/MAX Real Estate (Mountain View).
$429,999
4 Beds ⋅ 3 Baths ⋅ A2332851 MLS® #
Timeless character bungalow with loft. Perfect for first time buyers, empty nesters, investors, or builders. Premium lot. Illegal suite down. Close to teeming International Avenue. Convenient to transit, shops and everyday amenities. Double heated garage plus front drive for extra parking. Enjoy the private rear yard.

1834 42 Street Se, Calgary

Courtesy of RE/MAX Real Estate (Mountain View).
$575,000
1 Beds ⋅ 1 Baths ⋅ A2330250 MLS® #
NEW PRICE! ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional M-C1 development opportunity in the heart of Forest Lawn, offered together with adjacent 1831 43 Street SE for a total package price of $1,150,000. Together, the properties create a rare 100' x 122' land assembly totaling over 12,000 sq.ft., just one block from International Avenue (17 Ave SE).The assembly sits roughly 150m from the 44 St SE MAX Purple BRT station and benefits from a transit-supportive 25% parking stall reduction for multi-residential development under Calgary's Land Use Bylaw. No relaxation application is required based on the site's proximity to transit, which can materially improve site efficiency and future development potential.Zoned M-C1 and unaffected by the recent citywide rezoning repeal, this site offers continued flexibility for builders and investors seeking multi-residential development potential in an established inner-city location. Large M-C1 development sites with 100 feet of combined frontage are increasingly difficult to find.The existing structure at 1827 is not habitable and is being sold for land value only. Adjacent 1831 43 Street SE contains a livable owner-occupied bungalow that may provide holding value while redevelopment plans are pursued.Minutes from downtown Calgary, transit, shopping, restaurants, schools and major commuter routes.PROPERTY MUST BE PURCHASED TOGETHER WITH 1831 43 STREET SE. TOTAL ASSEMBLY PRICE: $1,150,000.

1827 43 Street Se, Calgary

Courtesy of The Real Estate District.
$575,000
1 Beds ⋅ 2 Baths ⋅ A2330249 MLS® #
NEW PRICE! ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare opportunity to acquire this M-C1 zoned parcel together with adjacent 1827 43 Street SE for a total package price of $1,150,000. Combined, the properties create an impressive 100' x 122' land assembly totaling over 12,000 sq.ft. in the heart of Forest Lawn.Located directly on 17 Ave SE (International Avenue) and roughly 150m from the 44 St SE MAX Purple BRT station, the assembly benefits from a transit-supportive 25% parking stall reduction for multi-residential development under Calgary's Land Use Bylaw. No relaxation application is required based on the site's proximity to transit, which can materially improve site efficiency and future development potential.Zoned M-C1 and unaffected by the recent citywide rezoning repeal, this assembly provides flexibility for builders and investors seeking multi-residential development potential in an established inner-city location. Combined frontage of approximately 100 feet is increasingly difficult to find along this corridor.1831 contains an existing owner-occupied bungalow that may provide interim holding value while development plans are pursued. Adjacent 1827 43 Street SE is being marketed strictly for land value.Minutes from schools, shopping, restaurants, transit, downtown and major commuter routes.PROPERTY MUST BE PURCHASED TOGETHER WITH 1827 43 STREET SE. TOTAL ASSEMBLY PRICE: $1,150,000.

1831 43 Street Se, Calgary

Courtesy of The Real Estate District.
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