SOLD · Jun 9, 2026
4 plex

2231 48 Street SE

Forest Lawn, Calgary, AB t2b1m3

Sold Price:

$•••,•••

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Overview
MLS® Number: A2295214
Type: 4 plex
Living Area: 1,917 sq. ft.
Lot Size: 7,685 Square Feet
Year Built: 1971
City Assessment (2025): $712,500 · asking 1.05×
Price per sq.ft.: $391
Community: Forest Lawn
Description

Wake up investors .Lowest price legal 4 plex , On a huge Corner lot ,All 4 units with 3 good size bedrooms , one bath, with separate furnaces,separate laundries and separate entrances.All units need some work.It is reflected in the price,So basically all units are sold in as is conditions. Units 2229 a and b are rented with long term tenants,willing to stay, no intention to move out they have been living there more than 10+ years. Each paying Rent $1400 per month including utilities. Unit 2231 a and b are vacant ,can be shown any time. units 2229 a and b have dogs and need some notice for showing.Please confirm appointments for these 2 units because of dogs,do not show these unit without confirmation.This location is excellent,Close to bus,schools,shopping and all the major routes . All Lower level windows installed in 2009, Tar and gravel roof Redone in 2002. Do not miss outstanding opportunity at this price for a legal 4 plex.

Seller Brokerage: Royal LePage METRO

Property Details
Size & Rooms
Total Above Grade1,917 sq. ft.
Main Level1,917 sq. ft.
Parking & Garage
Total Parking5
Interior
Inclusions4 FRIDGES, 4 STOVES, 4 WASHERS, 4 DRYERS.
Financial & Legal
Annual Tax$4,403 (2025)
PossessionImmediate,Negotiable
ZoningM-C1
TitleFee Simple
City Waste Collection
Black cart (Garbage) Fridays · Every 2 weeks
Nearby Schools
Valley View School Public
Elementary (K-6)
0.8 km
Holy Trinity School Catholic
Elementary (K-6)
0.9 km
1.5 km

Browse all schools — nearest within 5 km per board type. Verify catchment with the school authority.

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Location
2231 48 Street SE, Forest Lawn, Calgary, AB
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About Forest Lawn
AI-generated summary

Forest Lawn is one of Calgary's most culturally diverse and vibrant inner-east communities, known for its eclectic mix of independent shops, international restaurants, and a strong sense of working-class community pride.

International Avenue is recognised as one of Calgary's most multicultural corridors
Forest Lawn was an independent town before being annexed by Calgary in 1961
The community sits just east of the Inglewood neighbourhood along the Bow River corridor
Housing

The area features predominantly post-war bungalows and infill developments, offering some of Calgary's most affordable detached home prices close to the city centre.

Transit

Forest Lawn is served by multiple CTrain bus connections along International Avenue (17th Avenue SE), providing reasonable access to downtown, though the area is more car-dependent than inner-city neighbourhoods.

Amenities

International Avenue is the community's commercial spine, lined with authentic ethnic grocers, Filipino, Vietnamese, African, and Latin American restaurants, as well as local shops and services.

Who Lives Here

Forest Lawn attracts newcomers to Canada, young families, and budget-conscious buyers drawn by affordable housing and a welcoming multicultural atmosphere.

This neighbourhood summary was generated by AI and is provided for general information only. Verify details with the City of Calgary and your REALTOR® before making decisions.

Neighbourhood Demographics
Statistics Canada 2021 Census · Dissemination Area
$28,000
Median household income
42.0
Median age
2.40
Avg household size
Tenure — 37.80% Own  ·  62.20% Rent
How people get to work
Drive 82.10% 🚌 Transit 0.00% 🚶 Walk/Bike 7.10% 🏠 WFH 10.70%
Education — 0.00% have a bachelor's degree or higher
Community Statistics
Calgary Police Service · City of Calgary Open Data

Annual disorder incidents reported in Forest Lawn. Disorder includes noise complaints, suspicious persons, public disturbances, and similar matters.

2020 2495 incidents
2021 2545 incidents
2022 2117 incidents
2023 1881 incidents
2024 1521 incidents
▼ 19.1% fewer incidents in 2024 vs the prior year.
Contact Agent
Robb Leece, REALTOR®
Robb Leece, REALTOR®
Graham Realty Inc. 403-478-4335 robbleece@gmail.com
Call 403-478-4335
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About Forest Lawn

Full community profile
Forest Lawn is a diverse and evolving community in Calgary's southeast, known for its multicultural character and affordable housing options. This established neighbourhood offers a mix of residential properties and commercial amenities along its main corridors, making it an attractive choice for first-time buyers and families seeking value in the city.

AI-generated overview. Verify details independently.

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