Walkout Basement Homes for Sale in Calgary SW (Updated Daily)

For homebuyers seeking properties with exceptional living space and the added convenience of a walkout basement, Calgary's southwest quadrant features a selection of desirable options. Homes in this area often boast expansive floor plans, high-end finishes, and seamless indoor-outdoor access.

Key Features of Walkout Basement Homes in Calgary SW

  • Generous living spaces ranging from 2,500 to 5,000+ square feet
  • Open-concept designs with smooth transitions between main and lower levels
  • Walkout basements providing direct access to the backyard or patio
  • Finished lower levels with additional bedrooms, recreation rooms, and versatile flex spaces
  • Gourmet kitchens with premium appliances, custom cabinetry, and abundant counter space
  • Luxurious master suites with spa-inspired ensuites and generous walk-in closets
  • Beautifully landscaped lots with features like pools, outdoor kitchens, and entertainment areas
  • Attached multi-car garages and ample storage

Desirable Calgary SW Neighborhoods

Some of the most sought-after communities in Calgary's southwest for walkout basement homes include:

  • Springbank Hill: Panoramic mountain and city views in a prestigious, master-planned setting
  • Aspen Woods: Contemporary, high-end homes in a well-established, family-friendly neighborhood
  • Discovery Ridge: Scenic community with easy access to parks, trails, and amenities
  • Pump Hill: Historic, tree-lined streets and proximity to the Elbow River
  • Cedarbrae: Well-developed area with a range of larger, single-family home options

Personalized Real Estate Assistance

To explore the current listings of walkout basement homes in Calgary's southwest and find the perfect property that aligns with your lifestyle and needs, it is recommended to work with an experienced real estate agent like Diane Richardson. Diane's extensive knowledge of the local market and commitment to personalized service will ensure a seamless and successful home-buying experience.

Contact Diane Richardson:
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Discover your dream walkout basement home in Calgary's prestigious southwest neighborhoods. Contact Diane Richardson today to begin your search

Discover Beautiful Walkout Basement Homes for Sale in Calgary

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  1. Contact Form: Use the contact form on my website to send me a direct message. Please include your name, email address, and a message, and I will respond as soon as possible.

  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email Address: Reach out to me at Diane for any inquiries or to request additional information.

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When contacting me, please ensure to include the property address or MLS® number for the listing you are interested in. I look forward to hearing from you!

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1-12/27

  • 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173

    1713,1717,1721 45 Street Street SE Forest Lawn Calgary T2A 1N4
    Main Photo: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173

    1713,1717,1721 45 Street Street SE Calgary T2A 1N4 Forest Lawn

    $2,500,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2204173
    Floor Area:
    3,103 sq. ft.
    This 17,631 sq. ft. land assembly at 1713, 1717 & 1721 45 St SE is being sold as a package of all three properties, offering an exceptional multi-family development opportunity in one of Calgary’s fastest-growing urban corridors. With 147 feet of frontage and 126 feet of depth, this MC1-zoned site is primed for townhomes, stacked rowhomes, or a mid-rise apartment project. Developers also have the opportunity to apply for MC2 rezoning, allowing for increased density, greater building height, and maximized returns. Under the current MC1 zoning, a developer could build up to 18-24 multi-residential units, depending on the design and site configuration. With a successful rezoning to MC2, density could increase further, making it possible to develop 30+ units, maximizing land use and investment potential. Located 10 minutes from downtown, this site provides quick access to downtown and major roadways like 17th ave and Memorial Dr, making it an attractive option for future residents. Public transit is already in place with a MAX Purple express station within walking distance and with the upcoming Green Line LRT expansion, connectivity and long-term property value will only improve. The City of Calgary has also committed to streetscape enhancements, pedestrian-friendly infrastructure, bike lanes, and public space improvements, increasing the area's appeal and livability. This location is ideal for a long-term investment or a high-yield development project. The site offers alley access and an extra wide street, allowing for efficient site planning, parking, and construction flexibility. Additionally, two of the three properties are tenant-occupied, providing immediate holding income while development plans are finalized. Please don't disturb the tenants, detailed showings will be accommodated directly through the selling agent. More details
    Listed by Real Broker
    LISTING DETAILS

  • 2217, 2219 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2201193

    2217, 2219 48 Street SE Forest Lawn Calgary T2B 1M3
    Main Photo: 2217, 2219 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2201193

    2217, 2219 48 Street SE Calgary T2B 1M3 Forest Lawn

    $1,040,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2201193
    Floor Area:
    1,993 sq. ft.
    Investors Alert! Legal 4 plex for sale. Great location right off of 17 ave SE, yet a quiet area. One side of the duplex 2217 is Brand new and Rebuilt. New Floors,Kitchen,Drywall,Bathrooms, Tiles, furnaces and more. 2219 duplex is currently being rented on a month to Month bases but have been there for years. Each sides offers a spacious living room, with a good size dinning room with patio doors headed out to the balcony. Big windows offers abundance of Natural light through the home .Kitchen are well sized for the each units . Both side offers two 4pcs bathroom, One for upper Unit and one for basement unit. Parking can be found in the back of the house, Nice big flat lot, Currently zone MC-1. Close to Transit, Schools, shopping,personal services and many restaurants, All minutes away. Make this property apart of Your Real estate profile today. Live in and rent the others or Rent all 4 Units. Have a peace of mind that your Cash flow is legit and no one can report you! Buy this Legal 4plex today! More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 2215 42 street SE in Calgary: Forest Lawn Semi Detached (Half Duplex) for sale : MLS®# A2214998

    2215 42 street SE Forest Lawn Calgary T2B 1G4
    Main Photo: 2215 42 street SE in Calgary: Forest Lawn Semi Detached (Half Duplex) for sale : MLS®# A2214998

    2215 42 street SE Calgary T2B 1G4 Forest Lawn

    $764,999
    Residential
    Status:
    Active
    MLS® Num:
    A2214998
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    1,988 sq. ft.
    Welcome to this stunning brand-new 2-storey duplex, offering over 2,700 sq ft of beautifully designed living space! Enjoy natural sunlight all day with the east-facing front, creating a warm and inviting atmosphere throughout the home. This property includes a double detached garage and a legal permitted basement suite with a private side entrance—perfect for extended family or generating rental income. The main floor features a welcoming gas fireplace, a spacious mudroom, and ample closet space for convenient storage. There's also a versatile flex room that can be used as a main-floor bedroom, office, or formal dining area. The modern kitchen is equipped with quartz countertops, stainless steel appliances, and plenty of cabinetry—ideal for both cooking and entertaining.Upstairs, you’ll find 3 generous bedrooms, 2.5 bathrooms, and a bright bonus room that’s perfect for a second living area, home office, or kids’ playroom.The fully finished legal basement suite includes 2 bedrooms, 1 full bathroom, its own laundry, and a full kitchen with stainless steel appliances. It’s completely self-contained with separate furnaces for upper and lower level, ensuring comfort and privacy for all occupants. This beautiful home blends modern style, thoughtful design, and amazing functionality—ready to welcome your family. More details
    Listed by Coldwell Banker YAD Realty
    LISTING DETAILS

  • 1820 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2198531

    1820 38 Street SE Forest Lawn Calgary T2B 0Z3
    Main Photo: 1820 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2198531

    1820 38 Street SE Calgary T2B 0Z3 Forest Lawn

    $729,000
    Residential
    Status:
    Active
    MLS® Num:
    A2198531
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    945 sq. ft.
    8 Units DP approved of this prime location, just moments from International Ave (17 Ave SE). With convenient access to transit and downtown, this property is a fantastic investment opportunity. The lot features a home with a illegal basement suite, offering immediate rental income or a solid foundation for future development. Whether you choose to buy and hold, renovate, or explore infill development, this property presents limitless possibilities. Don’t miss your chance to turn this space into your next great project! Sold as is. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS

  • 1827 39 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2214752

    1827 39 Street SE Forest Lawn Calgary T2B 1A2
    Main Photo: 1827 39 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2214752

    1827 39 Street SE Calgary T2B 1A2 Forest Lawn

    $699,000
    Residential
    Status:
    Active
    MLS® Num:
    A2214752
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,063 sq. ft.
    KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is perfectly located just steps from International Avenue, offering incredible access to transit, restaurants, and local services. Zoned MC-1, this property offers great potential for future multi-family redevelopment—an ideal opportunity for investors and developers. The main floor features beautiful original hardwood floors, 3 bedrooms, a 4-piece bathroom, a spacious living room, dining area, and a functional kitchen. The west-facing backyard brings in sunlight all day and includes a single detached garage. Whether you’re looking for a fantastic revenue property or a lot with redevelopment potential, this location offers easy access to downtown Calgary and public transit. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 2040 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2205373

    2040 46 Street SE Forest Lawn Calgary T2A 1L1
    Main Photo: 2040 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2205373

    2040 46 Street SE Calgary T2A 1L1 Forest Lawn

    $679,888
    Residential
    Status:
    Active
    MLS® Num:
    A2205373
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,080 sq. ft.
    This is an incredible opportunity for investors, developers, and builders. This rare RC-G zoned, CORNER LOT with a back-lane. The lot measuring 55X120 feet, over 6598 square feet, offering great opportunity to develop a 4-plex, or 8 units, two duplexes with legal suite, row townhouse, and more. This is a prime location, minutes away to International Ave (17 Ave SE) and very close proximity to downtown. Whether, you are looking for a potential build now or hold for future development, this property offers an exceptional chance to live, rent, or invest. This property is a fantastic investment opportunity for developers, investors and builders, whether you are planning to buy, hold, renovate, or explore future infill development, this property gives you a limitless possibilities. Further, this lot features a home with a legal suite, offering immediate rental revenue, rent upstairs, and basement separately. The main floor includes three bedrooms, a full bathroom, a large living room, and basement features a separate entrance, with a kitchen, a one-bedroom, full bathroom, and large flex room. Further, the lot features a single detached garage, fenced backyard, and ample street parking. Don't miss your chance to capitalize on this amazing opportunity, book your showing Now. More details
    Listed by First Place Realty
    LISTING DETAILS

  • 1540 36 Street in Calgary: Forest Lawn Residential Land for sale : MLS®# A2162353

    1540 36 Street Forest Lawn Calgary T2A 1C6
    Main Photo: 1540 36 Street in Calgary: Forest Lawn Residential Land for sale : MLS®# A2162353

    1540 36 Street Calgary T2A 1C6 Forest Lawn

    $650,000
    Land
    Status:
    Active
    MLS® Num:
    A2162353
    **Calling All Builders, Developers & Investors** Here's your chance to elevate South Calgary with this exceptional oversize corner lot zoned MC-2.. This spacious 6332 square feet parcel boasts excellent access and promising revenue opportunities. Also sold is lot 1536 with 6232 square feet zoned MC-2 next to it for a potential multifamily project with lucrative rental income opportunities. Accessibility: Positioned along 17 Avenue SE, a major arterial road in east Calgary, this property enjoys prime accessibility and exposure. Don't miss this rare chance to shape the future of South Calgary's residential landscape. With its prime location, expansive lot size, and promising potential, seize the opportunity now to make your mark. More details
    Listed by Ace Realty
    LISTING DETAILS

  • 1509 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2213203

    1509 38 Street SE Forest Lawn Calgary T2A 1G7
    Main Photo: 1509 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2213203

    1509 38 Street SE Calgary T2A 1G7 Forest Lawn

    $650,000
    Residential
    Status:
    Active
    MLS® Num:
    A2213203
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    905 sq. ft.
    ***Open house Thursday April 24th 10-3pm and Friday April 25th 3-8pm*** Looking for move-in ready with room to grow and the potential for rental income? This beautifully renovated bungalow in SE Calgary checks every box—with a fully finished legal suite, an oversized heated garage, and an expansive 50’ x 126’ M-CG zoned lot offering flexibility for multi-generational living, future development, or smart investing. Highlights You’ll Love: Complete Renovation: Thoughtfully upgraded throughout with newer windows (all but two in the basement), new doors, tankless hot water, high-efficiency furnace, central air conditioning, upgraded electrical, and a newer roof (35-year shingles on the house, 25-year on the garage). Spacious Main Floor: Featuring a 225 sq ft primary bedroom, a second bedroom, renovated full bath, and a bright, open kitchen with upgraded stainless steel appliances—ideal for everyday living and entertaining. Versatile Basement: Includes a legal suite (formerly permitted for Airbnb, permit recently expired) complete with two generously sized bedrooms, a large rec/living area, 220 wiring, and plenty of flexibility for guests, extended family, or rental income. Outdoor Space That Stands Out: The fully fenced, low-maintenance yard includes a concrete RV pad with 30amp hookup, a pergola (included), and plenty of space to relax, garden, or gather with friends. Incredible Garage: A true mechanic’s dream—oversized 25’ x 22’, fully heated, and ready to handle your hobbies or projects. Location Perks: Walk to schools, transit, and shops. Quick access to downtown means less time commuting and more time enjoying your home. This is the kind of property that doesn’t come along often—upgraded, low-maintenance, and full of potential. Whether you’re starting your next chapter or investing in your future, this home is ready for you. Call your favourite Realtor to book your showing today—you won’t want to miss it! More details
    Listed by eXp Realty
    LISTING DETAILS

  • 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521

    2040 47 Street SE Forest Lawn Calgary T2B 1L3
    Main Photo: 2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2209521

    2040 47 Street SE Calgary T2B 1L3 Forest Lawn

    $625,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209521
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,054 sq. ft.
    Seize a remarkable opportunity in Forest Lawn with this strategically positioned corner lot bungalow, offering an impressive 2,000 square feet of living space on a substantial 54' x 120' R-CG zoned lot. This versatile property, one of the most affordable corner lots in the area, features a well-designed main floor with 3 bedrooms and a separate-entrance basement unit, generating potential rental income of $1,300 a month. Located just two blocks from vibrant International Avenue,, with schools, playgrounds, and grocery stores within walking distance, this property stands out with its ability to accommodate up to six vehicles in off-street parking. The R-CG zoning opens doors to multiple possibilities - perfect for first-time buyers seeking an affordable entry into homeownership, investors looking to maximize rental income (Potential of $$1800 for main floor and $1300 for the basement), or developers interested in multi-family row housing conversion (with proper permits). The property's strategic location, only 12 minutes drive to Downtown, combined with its development potential, generous lot size, and immediate income-generating capabilities, creates an unprecedented opportunity to secure a piece of Forest Lawn's promising future, making it an ideal investment whether you're starting your real estate journey, expanding your portfolio, or planning your next development project More details
    Listed by CIR Realty
    LISTING DETAILS

  • 901 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2208968

    901 38 Street SE Forest Lawn Calgary T2A 1G1
    Main Photo: 901 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2208968

    901 38 Street SE Calgary T2A 1G1 Forest Lawn

    $600,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208968
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,036 sq. ft.
    Hello Developers, Investors and Builders! This expansive 51.5' x 126' corner lot offers incredible potential for development. The site design allows for a corner row home layout featuring four main building units (2 stories, 3 bedrooms each) and four legal secondary suites (1 bedroom each), along with four single-car garages. The property is also eligible for H-GO rezoning, offering the option to build a 5+5 structure if desired. The current home includes 3 bedrooms and 1 bath on the upper floor, plus an illegal basement suite with 2 bedrooms and 1 bath, accessible via a separate back entrance. A double detached garage, driveway, and storage shed complete the property. The lot offers quick access to Memorial Drive and International Avenue, making it a prime location for development. Please note, the property is boarded up and ready for demolition. It is being sold as-is. Don’t miss this incredible opportunity to build for rental income or resale! More details
    Listed by Synterra Realty
    LISTING DETAILS

  • 1536 36 Street SE in Calgary: Forest Lawn Residential Land for sale : MLS®# A2162358

    1536 36 Street SE Forest Lawn Calgary T2A 1C6
    Main Photo: 1536 36 Street SE in Calgary: Forest Lawn Residential Land for sale : MLS®# A2162358

    1536 36 Street SE Calgary T2A 1C6 Forest Lawn

    $600,000
    Land
    Status:
    Active
    MLS® Num:
    A2162358
    **Calling All Builders, Developers & Investors** Here's your chance to elevate South Calgary with this exceptional oversize cleared vacant MC-2 Zoned lot. This spacious 6232 square feet parcel boasts excellent access and promising revenue opportunities. Also sold is the corner lot 1540 with 6332 square feet zoned MC-2 for a potential multifamily project with lucrative rental income opportunities. Accessibility: Positioned along 17 Avenue SE, a major arterial road in east Calgary, this property enjoys prime accessibility and exposure. Don't miss this rare chance to shape the future of South Calgary's residential landscape. With its prime location, expansive lot size, and promising potential, seize the opportunity now to make your mark. More details
    Listed by Ace Realty
    LISTING DETAILS

  • 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406

    2401 40 Street SE Forest Lawn Calgary T2B 1C1
    Main Photo: 2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406

    2401 40 Street SE Calgary T2B 1C1 Forest Lawn

    $599,900
    Residential
    Status:
    Active
    MLS® Num:
    A2202406
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,333 sq. ft.
    An incredible opportunity for investors, builders, and developers, this rare RC-G zoned CORNER LOT with a back lane spans 50 x 126 feet, offering the potential to develop a 4-plex with legal suites for up to eight units, subject to city approval. Located on a quiet street just a few blocks from schools, the property features a fully fenced oversized lot. The main floor includes two bedrooms, a full bathroom, a large living room, a sitting room, and a bright solarium overlooking the backyard. Basement features a separate entrance, with a kitchen, two bedrooms and bath. A single detached garage and ample street parking add convenience, while the surrounding area continues to grow with new developments along 17 Ave SE. Whether you're looking to build now or hold for future development, this property presents an exceptional chance to live, rent, and invest, with a long-term tenant already in place. Don’t miss out on this prime development opportunity with endless potential—act now! More details
    Listed by Keller Williams BOLD Realty
    LISTING DETAILS
1-12/27
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Data was last updated May 2, 2025 at 08:05 AM (UTC)
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Diane Richardson
Cell: 403-397-3706