Active Listing

1509 38 Street SE

1509 38 Street SE, Calgary

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4Bedrooms
2.0Bathrooms
$595,900Price
913Sq Ft

Welcome to this upgraded bungalow on a quiet street in Forest Lawn, offering flexibility, modern updates, and excellent income potential.

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Welcome to this upgraded bungalow on a quiet street in Forest Lawn, offering flexibility, modern updates, and excellent income potential. The bright main level features natural hardwood flooring, large windows bringing in plenty of natural light, and an inviting living area that flows into the eat-in kitchen with dark shaker cabinetry, tile backsplash, and stainless chimney-style hood fan. Two bedrooms and a full bathroom with vessel-sink vanity complete the upper level. The legal, registered basement suite provides additional living space with its own kitchen, living and dining area, 2 bedrooms, and full bathroom with jetted tub!—ideal for extended family or rental opportunities. A separate entrance offers privacy and convenience between levels. Major upgrades include roof (2018), windows (2018), attic insulation (2018), new wiring (2021), furnace (2022), hot water tank (2022), and central A/C (2022), offering comfort and efficiency for years to come. Step outside to a backyard designed for relaxing and entertaining—a true private oasis featuring a deck-area BBQ station and hot tub wiring already in place. The heated oversized double garage with 220V power creates an excellent workspace, while the 40-ft RV parking pad with 50-amp plug and large concrete parking area provide exceptional flexibility. This versatile property has served as a personal residence, Airbnb, and furnished rental, demonstrating its adaptability for a variety of living or income strategies. Located near International Avenue shopping, parks, schools, transit routes, and major road connections.

Refined Amenities

Curated features for a sophisticated lifestyle.

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Jetted Tub

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Recessed Lighting

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Separate Entrance

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Tankless Hot Water

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Walk-In Closet(s)

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Lighting

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
StyleBungalow
StructureHouse
Transaction TypeFor Sale
Bedrooms4
Full Bathrooms2
Living Area913 sq ft
Living Area (m²)85.0 m²
Lot Size6,296 sq ft
Lot Acres0.1400
Year Built1957
LevelsOne
Garage Spaces2
Parking Total6
Parking FeaturesDouble Garage Detached,Off Street,Parking Pad,RV Gated
Fireplaces2 (Electric)
HeatingForced Air
CoolingCentral Air
FlooringLaminate
AppliancesCentral Air Conditioner,Dishwasher,Garage Control(s),Microwave,Refrigerator,Stove(s),Tankless Water Heater,Window Coverings
Interior FeaturesJetted Tub,Recessed Lighting,Separate Entrance,Tankless Hot Water,Walk-In Closet(s)
LaundryCommon Area,In Basement
BasementFull
Basement DevelopmentFinished
Basement FeaturesSeparate/Exterior Entry
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Exterior FeaturesLighting,Rain Gutters
FencingFenced
Patio / PorchDeck,Front Porch,Patio
Lot FeaturesBack Lane,Back Yard,Level,Rectangular Lot
Price / Sq Ft$652.81
Annual Taxes$2,975 (2025)
Tax Assessment$481,500
ZoningR-CG
PossessionBy Date Specified
Occupant TypeTenant
Title / LandFee Simple
InclusionsPergola and Outdoor Kitchen in the Backyard, Second Dishwasher, Second Refrigerator, Second Stove, Second Garage Door Opener
Days on Market5
ListedMarch 11, 2026
NeighbourhoodForest Lawn
DistrictCAL Zone E
MLS NumberA2292320
The Location

Forest Lawn

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

Park
Playground
Pool
Schools 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 Real Broker.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $2,975. 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 A2292320. Listed March 11, 2026. Listed by Real Broker.

Interested in this property?

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

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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: March 17, 2026.