Updated 5+ Days Ago
Highlights
Pet Friendly
Location
1506 40 St Se, Calgary, AB T2A 1K2, CAN|Forest Heights
Nearby rentals
Property management
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Amenities for 1506 40 St Se, Forest Heights
Apartment Amenities
| Carpet | Luxury Vinyl Plank Flooring |
| Patio/Deck | Private Entry |
| Window Coverings |
Appliances
| Dishwasher | Fridge |
| In-Unit Laundry | Microwave |
| Oven/Stove |
Building
| Cats OK | Dogs OK |
| Laundry Shared | Onsite Laundry |
Grounds
| Fenced Backyard | Outdoor Space |
| Storage |
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
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 1506 40 St Se
Why rent with Calgary Houses for Rent? We have been awarded Small Landlord of the Year and Tenant Service awards by the Calgary Residential Rental Association! YOU HAVE TO SEE THESE PICTURES AND VIDEO! Move in Ready September 1st! $1695plus $300 budgeted monthly utility payment (based on 60%) to eliminate the fluctuation in seasonal utility costs. 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 storage—check out the amazing Lazy Susan as well—it 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 Parking for 2 in the driveway. Fenced in yard with patio area. 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! 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! Call 587-885-0661 to come and see your new home! Please leave a message if I can’t answer Email: **** to schedule a viewing today! Not what you're looking for? Give us a call, we have several homes in our portfolio, let us help you find the perfect place to hang your hat!
Address details
| Neighborhood | Forest Heights |
|---|---|
| Post code | T2A 1K2 |
| Type | Apartment for rent |
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Rent trends in Forest Heights
2-bedroom apartments at 1506 40 St Se cost about 8% more than the average rent price for 2-bedroom apartments in Forest Heights.
Median rents as of Jul 18 2026.
Forest Heights
Calgary
| Month | Median Rent |
|---|---|
| August 2024 | $2,168 |
| September 2024 | $2,246 |
| October 2024 | $2,186 |
| November 2024 | $2,091 |
| December 2024 | $1,987 |
| January 2025 | $1,996 |
| February 2025 | $1,997 |
| March 2025 | $1,991 |
| April 2025 | $1,992 |
| May 2025 | $1,982 |
| June 2025 | $2,010 |
| July 2025 | $1,999 |
| August 2025 | $2,082 |
| September 2025 | $2,091 |
| October 2025 | $2,016 |
| November 2025 | $1,941 |
| December 2025 | $1,927 |
| January 2026 | $1,931 |
| February 2026 | $1,902 |
| March 2026 | $1,888 |
| April 2026 | $1,969 |
| May 2026 | $1,975 |
| June 2026 | $1,950 |
| July 2026 | $1,943 |
| Month | Median Rent |
|---|---|
| February 2025 | $1,699 |
| April 2025 | $1,836 |
| May 2025 | $1,875 |
| June 2025 | $1,372 |
| July 2025 | $1,626 |
| August 2025 | $1,562 |
| June 2026 | $1,475 |
| July 2026 | $1,487 |
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 St Se
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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