48 Shawmeadows Gate SW, Calgary, Alberta T2Y 1A3
About This Property
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.
Key Features
- Built in 1980
- Basement: Finished, Full, Separate entrance, Suite
- Parking Pad, Other
- 1 Fireplace
- Forced air, Natural gas Heat
Property Details
Bedrooms & Bathrooms
Size
Interior
Building
Parking
Land
Financial
Rooms
Main Level
Basement
Room measurements are supplied by the listing brokerage and are approximate.
What’s nearby
- Janet Johnstone School 650 m8 min walk
- Father Doucet SchoolCatholic (CCSD) 1000 m12 min walk
- Samuel W. Shaw SchoolPublic (CBE) 1.2 km15 min walk
- Midnapore SchoolPublic (CBE) 1.2 km15 min walk
Distances are straight-line. Catchment areas change, so confirm the designated school with the Calgary Board of Education or Calgary Catholic School District.
Tap a place for directions. Places from OpenStreetMap contributors.
Estimated Monthly Payment
Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.
- Mortgage$2,506
- Property tax$301
- Estimated total$2,806/mo
View on REALTOR.ca
Get alerts for homes like this
Be first to know. I’ll email you when new listings match: Houses in Shawnessy, Calgary, $500k-$680k, 4+ beds.
Similar Houses in Shawnessy




Recently Listed in Shawnessy




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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
The listing content on this page is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
