$899,900
929 38 Street SE
10 BD5 BA3,034.2 SF
CalgaryCommunitiesForest Lawn
CalgaryFOREST LAWN
Historic southeast community with rich heritage and cultural vibrancy
28Active Listings
$297KAvg. Price
62Investment Score
$1,630/moRental Rate
Investment Analysis
INVESTMENT SCORE
62/ 100
ModerateBalanced investment profile with room for growth. Consider specific property opportunities.
10 / 14
Market Liquidity
Transaction volume and market liquidity indicators
0 / 0
Growth & Appreciation
Historical appreciation and future growth trajectory
3 / 13
Income Potential
Rental yield and cash flow opportunities
12 / 16
Location Value
Proximity to amenities, transit, and employment centers
1 / 15
Risk & Regulatory
Price volatility, demand consistency, and regulatory factors
2 / 10
Accessibility
Entry point accessibility and market barriers
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Why Invest Here
COMMUNITY HIGHLIGHTS
Historic community with roots back to 1910, offering diverse architectural character and established neighborhoods
International Avenue (17th Avenue SE) is Calgary's premier multicultural shopping and dining destination
Close proximity to Bow River, parks, and regional pathways for outdoor recreation
Multiple schools including Forest Lawn High School and diverse public/Catholic options
Strong community association with active programming including sports leagues and cultural events
Convenient access to downtown (6 km) and major transportation corridors
Available Properties
HOMES FOR SALE IN FOREST LAWN
$699,900
2443 42 Street SE
5 BD2 BA1,420.19 SF
$659,000
2211 45 Street SE
3 BD2 BA1,120.04 SF
$629,900
2028 43 Street SE
3 BD2 BA1,395 SF
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Frequently Asked Questions
ABOUT FOREST LAWN
What is special about Forest Lawn's history?
Forest Lawn's history dates back to 1910 when homesteaders first settled the area during real estate speculation. After World War I depression, the village was formally created in 1935 and incorporated as a town in 1953. It was annexed by Calgary in 1961. This long and varied history has created a community with exceptional architectural diversity, heritage charm, and deep community roots.
What makes International Avenue notable?
International Avenue (17th Avenue SE) is Calgary's foremost multicultural commercial district, developed due to the proliferation of businesses owned by various ethnic groups, particularly Asian markets, shops, and eateries. It's a destination for authentic international dining and shopping, reflecting the community's diverse population and serving residents across Calgary.
What housing options are available in Forest Lawn?
Forest Lawn offers diverse housing options reflecting its long development history, with 32% owner-occupied and 68% rental households. The varied housing stock includes heritage homes, mid-century residences, and newer developments, with median household income around $58,000 (2021 Census) and rental market activity.
What outdoor amenities does the community offer?
Forest Lawn provides excellent access to outdoor recreation including the Bow River, Western Irrigation District Canal, Elliston Park, and a network of pathways. The community has regular upgrades to parks and recreational facilities, with ongoing infrastructure improvements managed through the Parks and Playground Amenities Program.
What schools serve Forest Lawn?
Forest Lawn is served by multiple schools including Forest Lawn High School, Jack James High School, and several elementary and Catholic school options. This range of educational facilities at all grade levels makes it attractive for families with children of varying ages.
How active is the Forest Lawn community association?
The Forest Lawn Community Association is very active, hosting a dart league four days per week, operating the Torch Lounge (with pool, darts, golf games, and shuffleboard), organizing annual Stampede breakfasts with entertainment and events, and serving as a vibrant community gathering space. The association plays a central role in community programming and engagement.
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