1 Day Ago
Highlights
Pet Friendly
Location
1506 40 St Se, Calgary, AB T2A 1K2, CAN|Forest Heights
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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)
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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 May 30 2026.
Forest Heights
Calgary
| Month | Median Rent |
|---|---|
| June 2024 | $1,833 |
| 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 |
| Month | Median Rent |
|---|---|
| April 2026 | $1,100 |
| May 2026 | $1,088 |
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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