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3136 46 Street SW
OPEN HOUSE SUNDAY, JUNE 14, 1-3pm. Opportunity knocks in the heart of Glenbrook! Situated on a quiet, tree-lined street, this charming original bungalow offers endless potential for homeowners, investors, and developers alike. With 900+ square feet of living space, 2 bedrooms, 1 bathroom, and a single detached garage, this is the kind of property that invites you to imagine what's next.Move in and enjoy its classic character, renovate to suit your style, or take advantage of the sought-after R-CG zoning. With the potential to add a legal basement suite (subject to approval and permitting by the city/municipality) or redevelop the lot, this property offers flexibility for today's buyer and long-term value for the future.The functional main floor provides a bright and comfortable layout, while the generous lot creates plenty of opportunity to expand, enhance, or reimagine the space entirely. Outside, you'll appreciate the established neighbourhood setting with mature trees and quiet location.Perfectly positioned, you're just steps from parks and schools, with the 45 Street LRT Station within walking distance, making commuting downtown or across the city a breeze. Shopping, recreation, and everyday amenities are all close at hand, adding to the appeal of this well-connected southwest Calgary community.Whether you're searching for your first home, your next investment property, or the perfect site to build your dream project, this Glenbrook gem is packed with potential and ready for its next chapter. All appliances are working but are "AS IS" as the seller isn't living there. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 28.83 Ft x 21.75 Ft | |
| Storage | 8.42 Ft x 14.08 Ft | |
| Storage | 7.17 Ft x 7.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Primary Bedroom | 12.83 Ft x 9.42 Ft | |
| Bedroom | 9.00 Ft x 10.83 Ft | |
| Kitchen | 12.33 Ft x 12.33 Ft | |
| Living room | 14.92 Ft x 10.50 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,117
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
1.6 km away
11.9 km away
12.4 km away
13.5 km away
Elementary
12.1 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
12.1 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
13.3 km away
Halal grocery
Amir Halal Meats & Grocery
12.1 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.