Space
Finished area and layout
- Living Area
- 1,138 sqft
- Above Grade
- 1,138 sqft
- Finished Breakdown
- Above 1,138 sqft
- Bedrooms
- 5
- Bathrooms
- 2





Property Snapshot
MLS #A2348298
Finished area and layout
Type, style and structure
This 5-bedroom, 2-bathroom single family in Calgary offers 1,138 sqft of living area on a 537 sqft lot. Built in 1979, 1 storey. The property has lot dimensions of 537.00. The home features vinyl plank flooring, forced air, natural gas heating, none, a finished, full, separate entrance, suite basement.
Welcome to 47 Midvalley Rise, an exceptional legally suited bungalow executed to perfection. Designed to exceed standard rental specifications, this turn-key property is ideal for investors looking for top-tier rental revenue, buyers seeking a premium mortgage helper, or families desiring a multi-generational living arrangement. With completely independent living quarters, separate utility systems, distinct private yard spaces, and extensive parking, this home sets a new benchmark for legal suites. The main level boasts a bright, modern layout accented by brand-new luxury vinyl plank (LVP) floors, fresh neutral paint throughout, smooth flat ceilings, and updated light fixtures. At the heart of the home, the updated kitchen features a stylish new backsplash, stainless steel appliances, and custom pull-out drawers in the pantry for maximum accessibility. Beautiful patio doors seamlessly extend the living space out to a private deck and dedicated backyard section, completely separated from the lower level outdoor space. The upper layout offers three comfortable bedrooms, including a generous primary retreat with a large walk-in closet, alongside an oversized 5-piece bathroom. Completing the main legal suite is a private stacked washer and dryer, as well as exclusive access to the oversized double detached garage. The legal lower-level suite has been fully renovated to a higher standard than most suites on the market. Featuring two bedrooms and a sleek 4-piece bathroom, the space is flooded with natural light through expansive windows. The custom kitchen is thoughtfully designed with premium quartz countertops, abundant storage, and beautiful full-sized appliances. Outstanding soundproofing was built directly into the construction using ROCKWOOL Safe'n'Sound® stone wool batt insulation combined with resilient channels, minimizing noise transfer between floors. The basement also provides its own dedicated laundry room, ample extra storage, and fully independent climate c ontrols. Mechanically, the home is equipped with a new hot water tank and two separate new furnaces to ensure each unit operates independently. Outdoors, the massive rear lot has been cleverly divided into two separate, fully fenced yards. Lower residents benefit from their own private parking pad that comfortably accommodates up to three vehicles, situated conveniently off a clean, paved back lane. The location offers a lifestyle that is hard to match. Situated in a prime pocket of the community, you are less than a two-minute walk from both Lake Midnapore and the expansive trails of Fish Creek Provincial Park. Residents enjoy year-round lake access—including swimming, boating, tennis, and winter ice skating—alongside miles of scenic nature paths right at their doorstep, making this property an extraordinary place to live or invest. (id:60351)
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
Land, frontage and setting
Price, taxes and monthly charges
Listed by Chase Olsen, RE/MAX First
The listing data displayed is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA). The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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.
Not A Dream Realty Inc., Brokerage is a member of CREA and the Toronto Regional Real Estate Board. All information should be independently verified. © 2026 Not A Dream Realty Inc., Brokerage. All rights reserved.
Important notice: This website provides free general real estate information for consumer convenience. Listing data, maps, photos, descriptions, measurements, room sizes, lot sizes, taxes, prices, availability, school/market information, estimates, and other property details may be incomplete, delayed, approximate, generated from third-party sources, or changed without notice. We do not warrant that any information is complete, current, or error-free, and we have not independently verified all information shown. Do not rely on this website alone when making a purchase, sale, lease, financing, investment, tax, legal, valuation, or insurance decision. Verify all material facts directly with the listing brokerage, real estate board, municipality, lender, insurer, lawyer, inspector, surveyor, or other qualified professional, as applicable. Nothing on this website is an appraisal, market valuation, price opinion, professional recommendation, or legal, financial, tax, engineering, inspection, or investment advice. To the fullest extent permitted by law, the website operator, brokerage, and their representatives are not responsible for losses or damages arising from errors, omissions, delays, changes, or reliance on information displayed here.
Connect with a local real estate professional for a private showing or more details.
Listed by Chase Olsen, RE/MAX First · MLS# A2348298
Configured mortgage defaults and jurisdiction rules are required before property payment estimates can be calculated.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Calculating…
Estimate from the jurisdiction's published transfer-tax rates. Consult your lawyer for exact amounts.