A rare opportunity to own a legal suited property in southwest Calgary, ideally located right beside the CTrain station for convenient access and strong tenant appeal. Approximately $20,000 has been invested in this property since 2023. This bungalow offers two distinct living areas, three bedrooms upstairs and a legal two-bedroom basement legal suite, creating excellent income potential with the option to rent both units or live in one and rent the other. Upstairs, laminate flooring, fresh paint in 2026, and a wood-burning fireplace make the main living area welcoming and comfortable. The kitchen features a pantry, stainless steel refrigerator, 4-year-old stainless steel stove, and a brand-new, never-used stainless steel dishwasher. There are three bedrooms on the main floor, including a spacious primary bedroom with laminate flooring, an updated window, and an ensuite bathroom with tile flooring and a shower. The front window was replaced in 2023, and over $11,000 was invested in windows throughout the house; these windows have a warranty. The exterior of the house was painted in 2023. The legal basement suite has a separate side entrance, its own kitchen, and a bright living and dining area with laminate flooring. A large, newly added living room window brings in extra light. Two oversized bedrooms offer comfortable space, one with a walk-in closet and both with laminate flooring, and the full bathroom has a tub and shower. Shared laundry is in the downstairs common area, with a washer less than one year old and a one-year-old dryer. The partially fenced backyard includes a parking pad with two spaces on the property and a large shed. No Poly-B piping or aluminum wiring. Set in Shawnessy, close to Shawnessy Towne Centre, schools, parks, and recreation, this is a rare chance to secure a transit-connected southwest Calgary property with two rentable living areas and versatile investment potential.
For sale
C$590,000
48 S Shawmeadows Gate SW, Calgary, AB T2Y 1A3
5beds
1,138sqft
Single Family Residence
Built in 1980
4,356 Square Feet Lot
$-- Zestimate®
C$518/sqft
C$-- HOA
What's special
Laminate flooringWood-burning fireplaceKitchen features a pantryStainless steel refrigeratorSpacious primary bedroomUpdated windowWalk-in closet
- 11 hours
- 3
- 0
Zillow last checked:
Listing updated:
Listed by:
Breanna Albrecht, Associate,
Re/Max First
Source: courtesy of Pillar9 System,MLS®#: A2358363
Originating MLS®#: Calgary
Originating MLS®#: CalgaryFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Other
- Level: Main
- Dimensions: 11`1" x 12`7"
Bedroom
- Level: Main
- Dimensions: 11`5" x 9`0"
Bedroom
- Level: Main
- Dimensions: 10`0" x 8`6"
Bedroom
- Level: Basement
- Dimensions: 12`7" x 17`3"
Bedroom
- Level: Basement
- Dimensions: 12`10" x 12`0"
Other
- Level: Basement
- Dimensions: 5`1" x 8`0"
Other
- Level: Main
- Dimensions: 5`3" x 7`6"
Other
- Level: Main
- Dimensions: 5`5" x 7`6"
Dining room
- Level: Main
- Dimensions: 11`2" x 8`0"
Dining room
- Level: Basement
- Dimensions: 10`9" x 6`0"
Foyer
- Level: Main
- Dimensions: 4`7" x 8`8"
Kitchen
- Level: Main
- Dimensions: 10`1" x 13`8"
Kitchen
- Level: Basement
- Dimensions: 15`0" x 6`7"
Laundry
- Level: Basement
- Dimensions: 17`4" x 5`10"
Living room
- Level: Main
- Dimensions: 12`4" x 16`7"
Living room
- Level: Basement
- Dimensions: 10`9" x 13`1"
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: See Remarks
- Laundry: Common Area, In Basement
Features
- Ceiling Fan(s), Open Floorplan, Pantry, Separate Entrance, Storage, Sump Pump(s)
- Flooring: Carpet, Ceramic Tile, Laminate
- Windows: Vinyl Windows
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Brick Facing, Living Room, Wood Burning
Interior area
- Total interior livable area: 1,138 sqft
- Finished area above ground: 1,138
- Finished area below ground: 1,138
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Off Street, Parking Pad, Side By Side
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Private Entrance, Storage
- Fencing: Partial
- Frontage length: 16.51M 54`2"
Lot
- Size: 4,356 Square Feet
- Features: Back Lane, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Street Lighting
Details
- Additional structures: Shed(s)
- Parcel number: 111966214
- Zoning: R-C1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1980
Community & HOA
Community
- Features: Park, Playground, Sidewalks, Street Lights
- Subdivision: Shawnessy
HOA
- Has HOA: No
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$518/sqft
- Date on market: 11/13/2026
- Inclusions: 2 fridges, 2 stoves, 1 dishwasher upstairs(basement dishwasher is non-functioning), washer & dryer, all window coverings, garden shed, shelving in shed, furniture negotiable
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Shawnessey
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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