5116 Forego Avenue, Calgary
Excellent opportunity for a first-time buyer or investor! This 3-bedroom bungalow offers a fully finished 2-bedroom basement suite (illegal) with a separate entrance, providing excellent flexibility and income potential.The main level welcomes you with a bright and spacious living room, while the kitchen features white cabinetry, matching appliances, and an extended eating ledge that opens to the dining area. The primary bedroom, two additional good-sized bedrooms, and a full bathroom complete the main floor.A separate side entrance leads to the fully developed basement, featuring a den, large living room, second kitchen with granite countertops, stainless steel appliances and pantry, two bedrooms, and a 4-piece bathroom. The home also offers separate laundry, a tankless water heater, roughed-in Vacuflo, and in-floor heating. Additional updates include a roof replaced in 2013 and furnace replaced in 2012.Conveniently located close to schools, parks, shopping, and public transit, this property offers plenty of potential for homeowners and investors alike.Don’t miss your opportunity to view this versatile property! (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 5116 Forego Avenue, Calgary
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,039 square feet
- Lot Size
- 5500.00
- Stories
- 1
- Basement
- Finished, Full, Separate entrance, Suite
- Parking
- Parking Pad, Other
- Heating
- Forced air
- Cooling
- None
- Exterior
- Brick, Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $3,445 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 5116 Forego Avenue
Active Listings
32
Min Price
$275,000
Max Price
$599,999
Avg Price
$524,189
Days on Market
46
days
Sold Listings
9
Min Sold Price
$419,000
Max Sold Price
$624,900
Avg Sold Price
$563,044
Days until Sold
50
days
Neighbourhood Census Data
Calgary, Alberta
Population
542
Median Age
38.5
Median Income
$34,005
Dwelling Value
$349,143
Housing Tenure
Owners 71%
Renters 29%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.9
Pop. Density: 3,561.1/km²
Avg Shelter Cost: $1,130/mo
Owners with Mortgage: 61.5%
Owners Spending 30%+: 15.4%
Tenants Spending 30%+: 58.3%
English only: 89.9%
French only: 0.9%
English and French: 7.3%
Neither: 2.8%
Median Household Income: $78,677
Median Employment Income: $36,992
Price History
Listed
October 19, 2026
by Power Properties
Current Price
$476,500
-3.7% from last change
Type
Residential
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $476,500 | $18,500 (-3.7%) |
| Oct 23, 2026 | $495,000 | $15,000 (-2.9%) |
| Sep 16, 2026 | $510,000 | $20,000 (-3.8%) |
| Sep 5, 2026 | $530,000 | Listed |
