Active Listing

5203 Memorial Drive SE

5203 Memorial Drive SE, Calgary

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5Bedrooms
2.0Bathrooms
$525,000Price
1,051Sq Ft

Welcome to this beautifully renovated bungalow in the established community of Forest Heights, offering a great opportunity for homeowners, investors, or multi-generational living.

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Welcome to this beautifully renovated bungalow in the established community of Forest Heights, offering a great opportunity for homeowners, investors, or multi-generational living. With 3 bedrooms up, an illegal 2-bedroom basement suite, and completely updated throughout, this home blends modern comfort with functional versatility in a mature, convenient location. Step inside to discover a bright and inviting main floor featuring updated flooring, newer windows, stylish light fixtures, and a fresh contemporary feel from top to bottom. The spacious living area is filled with natural light and flows seamlessly into the renovated kitchen, complete with modern cabinetry, updated countertops, and plenty of prep and storage space. The adjoining dining area creates an ideal setup for both everyday living and entertaining. Three well-sized bedrooms and an updated full bathroom complete the upper level. The fully developed lower level features a thoughtfully designed illegal 2-bedroom suite with its own renovated kitchen, updated bathroom, spacious living area, and separate sleeping quarters—perfect for extended family, guests, or potential rental income. The lower level continues the same updated aesthetic found upstairs, making the entire home feel cohesive and move-in ready. Outside, the sunny south-facing backyard offers a private outdoor space with plenty of room to relax, garden, or entertain. The yard is fully fenced, making it ideal for kids and pets, while the large rear parking pad provides ample off-street parking for multiple vehicles. Whether you’re looking for a comfortable family home or an investment property with income potential, this property checks all the boxes. Located close to schools, parks, shopping, transit, and major commuter routes, this is a fantastic opportunity to own a turnkey home in an established southeast Calgary neighbourhood. Stylishly updated, well maintained, and offering outstanding flexibility, this bungalow is ready for its next chapter. (Please note all photos are AI staged )

Refined Amenities

Curated features for a sophisticated lifestyle.

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Kitchen Island

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Low Flow Plumbing Fixtures

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Quartz Counters

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Soaking Tub

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Storage

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Dishwasher

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
StyleBungalow
StructureHouse
Transaction TypeFor Sale
Bedrooms5
Full Bathrooms2
Living Area1,051 sq ft
Living Area (m²)98.0 m²
Lot Size5,500 sq ft
Lot Acres0.1300
Year Built1968
LevelsOne
Parking Total2
Parking FeaturesAlley Access,Parking Pad
HeatingForced Air,Natural Gas
CoolingNone
FlooringLaminate,Tile,Vinyl
AppliancesDishwasher,Dryer,Electric Stove,Range Hood,Refrigerator,Washer,Window Coverings
Interior FeaturesKitchen Island,Low Flow Plumbing Fixtures,Quartz Counters,Soaking Tub,Storage
LaundryIn Basement
BasementFull
Basement DevelopmentFinished
Basement FeaturesSeparate/Exterior Entry
RoofAsphalt Shingle
ConstructionBrick,Stucco,Wood Frame
FoundationPoured Concrete
Exterior FeaturesStorage
FencingFenced
Patio / PorchPatio
Lot FeaturesBack Lane,Back Yard,Low Maintenance Landscape,Rectangular Lot
Price / Sq Ft$499.30
Annual Taxes$3,253 (2025)
Tax Assessment$526,500
ZoningR-CG
Possession15 Days / Neg,30 Days / Neg
Occupant TypeVacant
Title / LandFee Simple
InclusionsBasement: Fridge, stove, hood fan
Days on Market12
ListedMay 13, 2026
NeighbourhoodForest Heights
DistrictCAL Zone E
MLS NumberA2310753
The Location

Forest Heights

5203 Memorial Drive SE, Calgary, Alberta, T2A 2P9

Park
Playground
Schools Nearby
Shopping Nearby
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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of RE/MAX First.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $3,253. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2310753. Listed May 13, 2026. Listed by RE/MAX First.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: June 9, 2026.