5+ Days Ago
Highlights
Pet Friendly
Location
1506 40 St Se, Calgary, AB T2A 1K2, CAN|Forest Heights
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Property Overview
1506 40 Street SE Main earns a strong overall rating of 8.5 out of 10, with standout marks for price, amenities, and location. It also offers solid trustworthiness and 18 photos, making it a competitive choice with a clear and detailed presentation.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Floor plans
| 2 beds | 2 bed | 1 bath | $1,695 /mo |
Let's explore this property.
Amenities for 1506 40 Street SE Main
Apartment Amenities
| Laminate Floors |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | Microwave |
| Stove |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Shared Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Deposit
One-time.
$1,695
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Street
Street
Parking Fee
Monthly. 2 streets max.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 1506 40 Street SE Main
Managed by Power Properties Ltd.
YOU HAVE TO SEE THESE PICTURES AND VIDEO! At Last A Legal Suite! This property is one of only a few legal suited duplexes with separate furnaces and electrical panels in the City of Calgary and is a part of the Calgary Houses For Rent family! Upgrades: This property has been completely renovated just a few short years ago. The property was taken down to the studs and completely rebuilt! Includes: · All new modern style kitchen cupboards with soft close cabinets. Lots of storagecheck out the amazing Lazy Susan as wellit is slick! A full pantry is an extra bonus! · All appliances, yes a Dishwasher and a built in Microwave Hood Fan! · No more fuss with old flooring updated Luxury Vinyl Plank Flooring & Tile throughout. No Carpet · Open concept Kitchen and Living room area for easy entertaining. Breakfast bar. · Tasteful decor and colours to match any style · New windows and extra insulation in all wall and attic. You will be comfortable both in summer and winter! Features: · Legal Duplex Inspected by the City of Calgary! · Offers separate furnaces and electrical panels per unit You control your own heat! · Shed in the yard for extra storage · Washer and dryer in the furnace room for your use. · Fire resistant doors and drywall installed for your safety and decreased noise! · Decrease your travel time - minutes to Downtown, Memorial Drive, 52 Ave and Deerfoot trail · Close to BRT (Bus Rapid Transit) routes! · Close to shopping (Wal-Mart, Home Depot, Marlborough Mall, both 7-11 and groceries are 2 minute walk! · Lovely fenced back yard! · Elementary school just across the street! · Completely fenced in yard Utilities: We offer a budgeted monthly payment of $275/month (based on 60% share of bills). This means you set your monthly budgets and will not have sky high utilities in the cold winter months so close to Christmas! This is a non-smoking home both inside and in the yard! No exceptions! Pets are negotiable (pet fee applies)Sorry, No elephants! To easily book a showing, please visit: [powerproperties.net](http://powerproperties.net) - [https app tenantturner com qualify select-time 6329-24-ave-ne-lowr?p=Company](https app tenantturner com qualify select-time 6329-24-ave-ne-lowr?p=Company)
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, 1506 40 Street SE Main is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1506 40 Street SE Main has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1506 40 Street SE Main offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1506 40 Street SE Main goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 1506 40 Street SE Main receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1506 40 Street SE Main is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1506 40 Street SE Main does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1506 40 Street SE Main provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1506 40 Street SE Main compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- Fewer storage options
- Limited cabinet or closet space
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
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Rent trends in Forest Heights
2-bedroom apartments at 1506 40 Street SE Main cost about 17% more than the average rent price for 2-bedroom apartments in Forest Heights.
Median rents as of Jun 13 2026.
Forest Heights
Calgary
| Month | Median Rent |
|---|---|
| June 2024 | $1,845 |
| July 2024 | $1,838 |
| August 2024 | $1,788 |
| September 2024 | $1,791 |
| October 2024 | $1,761 |
| November 2024 | $1,745 |
| December 2024 | $1,680 |
| January 2025 | $1,662 |
| February 2025 | $1,650 |
| March 2025 | $1,650 |
| April 2025 | $1,647 |
| May 2025 | $1,647 |
| June 2025 | $1,694 |
| July 2025 | $1,675 |
| August 2025 | $1,707 |
| September 2025 | $1,707 |
| October 2025 | $1,690 |
| November 2025 | $1,628 |
| December 2025 | $1,613 |
| January 2026 | $1,614 |
| February 2026 | $1,626 |
| March 2026 | $1,602 |
| April 2026 | $1,611 |
| May 2026 | $1,601 |
| June 2026 | $1,599 |
| Month | Median Rent |
|---|---|
| April 2026 | $1,100 |
| May 2026 | $1,088 |
| June 2026 | $1,150 |
Affordability calculator
Can I afford to live at 1506 40 St Se?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$67,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this 2-bedrooms monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.
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Internet available near 1506 40 Street SE Main
Neighborhood
Forest Heights | Calgary, AB
Getting around Calgary near 1506 40 St Se
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1506 40 St Se, Calgary
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
4/10
Variety of cafés within a short drive
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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