***Located in one of South Willow Parks BEST LOCATIONS***1244 square foot bilevel with 3 +1 bedrooms, and 3 full baths located across from a green space. Main floor features a spacious kitchen with door to a south back deck, formal dining area, large living room, 3-piece main bath (renovated), and 3 bedrooms including a primary ensuite with free standing old fashioned tub (renovated). Other main floor features include hardwood floors, upgraded vinyl windows and a very spacious feel with lots of light streaming in. Developed basement with a recreation room, another spacious bedroom, 4-piece bathroom, laundry/utility room, and a workshop - perfect for the handy person. Lots of light streaming in from the large windows in the basement. Upgrades include a high-efficiency furnace (installed in 2013), laundry sink, and a central vacuum system. From the kitchen, you step into your south back yard paradise. It is a gardener's dream with lots of places to plant or grow whatever your heart desires. This is a large lot and plenty of room to work with for those with a gardener's thumb. Very private and quiet - ideal for those get-togethers or outdoor activities. There is a natural gas hookup for the grill master and a spacious deck to entertain or just relax on. There is a 22' x 24' double garage with the shingles just replaced and lots of parking in the driveway. The garage is accessible from the lane or from the front drive. Plenty of room to park your RV or boat on the driveway. Great curb appeal! Faces a treed green space! Walk to great schools, playground, off-leash dog area, close to LRT, and city transit. Walking distance to South Centre Mall, Trico Centre, Library, Willow Park Golf and Country Club, and Safeway. Only 22 mins to the airport, just minutes to Deerfoot Trail. Very rare for homes to come for sale in this location.. It's a gem of a house and a prime location and lot. *** Open house Saturday October 11th, 2-4:30 pm, come have a look.***More details
Welcome to 1509 38 Street SE — a home that doesn’t just check boxes, it opens doors. Renovated top to bottom, this bungalow blends modern comfort with real investment power, sitting proudly on a 50×126 ft R-CG lot with a fully finished Legal Basement Suite and an Oversized Heated Garage.
Inside, the main floor shines with an expansive 225 sq ft Primary Bedroom, a second bright Bedroom, and a refreshed Full Bath. The Kitchen steals the show with Stainless Steel Appliances, Sleek Cabinetry, and Open Sightlines that make the space feel both welcoming and functional. Throughout, you’ll notice thoughtful Renovations — New Flooring, New Doors, Updated Lighting & Electrical, Fresh Paint, and Newer Windows that pour sunlight into every corner. You also have a High Efficiency Furnace, Tankless Water Heater, and A/C, making this comfortable, no matter the weather. Outside you'll find the newer roof, with a 35 year shingle on the house, and a 25 year shingle on the garage.
Downstairs, opportunity awaits. The Legal Basement Suite is set up with 2 Bedrooms, a Full Bath with a Jacuzzi Tub, Kitchen, and Large Living Area — a space that has been ran as both a successful Long Term Rental, and an AirBnB (where it is currently listed as a long term rental). This gives you the flexibility to house extended family, create a mortgage helper, or expand your short-term rental income. And with RCG Zoning, the lot itself becomes a long-term play, offering Redevelopment Potential in a growing pocket of the city.
Step outside to discover even more value. The Oversized Heated Double Garage with a Loft Area is a rare find — a dream space for mechanics, hobbyists, or tenants who value storage. There's even a wall built between the two parking spots so you could rent one side to each suite! The Fenced Yard is generous and versatile: you have a dedicated dog run, with a low maintenance yard, and you can garden, entertain under the Pergola (that's included), or host that family BBQ on the Outdoor Kitchen that stays with the home! Let's not forget that you also have a massive RV Parking Pad that can not only fit a 40ft RV, but has room beside it to fit a second one, and has a 50amp Hookup. With space to park 2 more vehicles behind the garage, Offstreet Parking is never an issue here. Between the Upstairs Suite, the Legal Basement Suite, both Sides of the Garage, and both RV Parking Spots, that gives 6 Potential Income Streams!
All of this is anchored in Forest Lawn, where convenience meets community. The area is undergoing huge Development & Revitalization Project by creating more housing options, recreational spaces , and community facilities. Transit, schools, parks, and shopping are all close by. Downtown is a short commute away, making it just as appealing to renters as it is to homeowners.
Whether you’re a first-time buyer looking to crush your mortgage or an investor searching for strong cashflow in a high-demand market, this property is more than a home — it’s a strategy for the future.More details
Data was last updated October 9, 2025 at 08:05 PM (UTC)
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