New Homes for Sale in Calgary Alberta | Affordable & ModernNew Homes for Sale in Calgary Alberta

Discover the latest new homes for sale in Calgary Alberta, located in vibrant and family-friendly neighborhoods. Calgary offers a variety of new construction options designed to meet the needs of first-time buyers, families, and luxury home seekers.

Whether you’re searching for affordable new homes for sale in Calgary under $500,000, energy-efficient new homes in Calgary, or customizable new build homes in Calgary, you’ll find exceptional properties to match your lifestyle. These homes feature modern amenities, open-concept designs, and high-quality finishes, ensuring comfort and convenience for all residents.

Calgary’s new developments provide easy access to top-rated schools, parks, and shopping centers, offering a perfect blend of urban living and suburban tranquility. Begin your journey today by exploring these new home listings and find the perfect property to call your own in one of Alberta’s most sought-after cities.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

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What are the newest communities in Calgary? (as of August 2021)?

  1. Belmont - located in the southwest of Calgary, Belmont is a new community that offers a mix of residential, commercial, and recreational spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  2. Cornerstone - situated in the northeast of Calgary, Cornerstone is a modern and sustainable community that offers a mix of residential, commercial, and institutional spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

  3. University District - located in the northwest of Calgary, University District is a new urban community that is designed to be walkable and bikeable. It offers a mix of housing options, including apartments, townhomes, and single-family homes, as well as retail and commercial spaces.

  4. Livingston - situated in the north-central part of Calgary, Livingston is a new master-planned community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  5. Yorkville - located in the southwest of Calgary, Yorkville is a new community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

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2040 47 Street SE
Forest Lawn Calgary T2B 1L3

$590,000
Residential beds: 4 baths: 2.0 1,049 sq. ft. built: 1959

Main Photo: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 1: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 2: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 3: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 4: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 5: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 6: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 7: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 8: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 9: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 10: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 11: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 12: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 13: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 14: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 15: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 16: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 17: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Photo 18: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2233702
Bedrooms:
4
Bathrooms:
2
Year Built:
1959
Incredible Investment Opportunity on a Prime Corner Lot! This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable. Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality. The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area. Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,049 sq. ft.
Main Level Finished Area:
1,049 sq. ft.
Below Grade Finished Area:
716 sq. ft.
Lot Area:
6,609 sq. ft.
Lot Frontage:
54'⅛"
Front Exposure:
West
Levels:
One
Total Rooms Above Grade:
6
Year built:
1959 (Age: 66)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8779HP
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Hardwood, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Driveway, Oversized
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
In Basement
Forest Lawn
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Basement: Refrigerator, Electric Stove, Hood Fan
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
17'6" × 11'2"
Main Floor
Dining Room
9'8" × 8'7"
Main Floor
Living Room
13'6" × 12'4"
Main Floor
Bedroom
14' × 9'11"
Main Floor
Bedroom
10'9" × 8'
Main Floor
Bedroom
10'3" × 8'8"
Basement
Kitchen
17'9" × 10'
Basement
Living Room
14'11" × 12'9"
Basement
Laundry
10'4" × 8'6"
Basement
Bedroom
16'9" × 10'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 6'10"
Basement
No
4
7'4" x 8'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Ceiling Fan(s), See Remarks
Exterior Features:
Other
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Corner Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-CG
Listed Date:
Jun 27, 2025
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Virtual Tour

Listed by Real Broker
Data was last updated July 8, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$539,900
Min list price:
$157,000
Max list price:
$714,999
Avg days on market:
32
Min days on market:
5
Max days on market:
647
Avg price per sq.ft.:
$545.61
These statistics are generated based on the current listing's property type and located in Forest Lawn. Average values are derived using median calculations.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.