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3820 14 Avenue SE
Discover exceptional value and versatility in this beautifully renovated bi-level duplex, ideally situated on a desirable corner lot in the established community of Forest Lawn. Thoughtfully updated from top to bottom, this move-in-ready home offers modern finishes, functional living spaces, and with an illegal basement suite. The bright and inviting main floor features an open-concept layout with luxury vinyl plank flooring throughout, creating a seamless and contemporary feel. You'll find two bedrooms, including a private primary retreat complete with its own 3 pc ensuite, along with an additional full bathroom designed for family and guests. The fully developed lower level offers a well-appointed illegal basement suite featuring two spacious bedrooms, a full bathroom, and comfortable living space — ideal for extended family or potential rental income. Extensive upgrades provide peace of mind, including new Pex plumbing, brand-new vinyl windows in the basement, newer windows on the main floor, and durable luxury vinyl plank flooring throughout the entire home. Positioned on a prominent corner lot, the property offers a balcony with additional outdoor space with convenient access to nearby schools, shopping, transit, parks, and major roadways. Whether you're a savvy investor seeking rental potential or a homeowner looking for flexible multi-generational living, this extensively renovated property presents an outstanding opportunity in a well-established Calgary neighbourhood. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 6.92 Ft x 7.67 Ft | |
| Kitchen | 9.83 Ft x 10.58 Ft | |
| Dining room | 6.17 Ft x 8.67 Ft | |
| Bedroom | 11.58 Ft x 11.67 Ft | |
| Bedroom | 9.75 Ft x 11.50 Ft | |
| 4pc Bathroom | 4.83 Ft x 7.67 Ft | |
| Laundry room | 6.67 Ft x 6.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.00 Ft x 13.33 Ft | |
| Kitchen | 9.67 Ft x 11.58 Ft | |
| Dining room | 4.08 Ft x 7.83 Ft | |
| Primary Bedroom | 10.83 Ft x 11.83 Ft | |
| 3pc Bathroom | 5.25 Ft x 9.67 Ft | |
| Bedroom | 10.75 Ft x 11.67 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.25 Ft | |
| Laundry room | 2.83 Ft x 3.83 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
-1.20%
Cap rate
4.62%
GRM
13.8
Break-even rent
$3,105
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 19, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
937 m away
4.7 km away
6.2 km away
Al Madinah Islamic Centre
8.7 km away
Al-Hedaya Islamic Centre
9.5 km away
Elementary
501 m away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
509 m away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
4.5 km away
Halal grocery
Amir Halal Meats & Grocery
470 m away
Shaheen Grocery, Bakery & Halal Meat
6.4 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.