New Listing
$1,175,000
 $6,308 est/mo Sourced by Back At You

203 42 Avenue SW,Calgary, AB T2S1A7

Calgary, AB T2S1A7

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Description

RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary's most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside.Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location. Unit 203A (3 Bedroom, 1 Bathroom) has been recently updated with new stainless steel appliances.Whether you're looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes.Opportunities like this are rare. You could live in one unit and rent the other 3 units, or hold this property as a 4 unit rental building. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill! (id:13843)

Details

MLS #A2348856
Listing TypeFor Sale
StatusActive
Year1961
Days On Site4
Listing Provided ByREMAX Innovations | Karlee Mushie

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet2,684
Garage4
BasementY
Story(s)1
Units2
ZoningR-CG
Acreage0.16

Interior

CoolingNone
HeatingForced air
AppliancesRefrigerator, Range - Electric, Dishwasher, Washer & Dryer
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Construction MaterialsWood frame
Foundation DetailsPoured Concrete
FencingPartially fenced

Parking

Parking FeaturesAttached Garage
Parking Total4

Taxes

Tax Annual Amount4968
Tax Block8
Tax Lot1
Tax Year2025

Area Information

ProvinceAB
CityCalgary
Postal CodeT2S1A7
Community NameParkhill
Listing VS Median (in Parkhill)
Price:
$1,175,000
low | high
Med:
$1,100,000
56.382978723404% of Average
sqft:
2,684
low | high
Med:
1,602
90.312965722802% of Average
$ / sqft:
$438
low | high
Med:
$687
6.846495072649% of Average
On site:
4
low | high
Med:
29
13.793103448276% of Average
Sourced by Back At You

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Learn More About This Property

Danilo Perisic

Danilo Perisic

Sutton Group - Quantum Realty Inc- Brokerage

Broker, Courtier (647) 470-0979daniloperisic@sutton.com
ProvinceAB
CityCalgary
Postal CodeT2S1A7
Community NameParkhill
Listing VS Median (in Parkhill)
Price:
$1,175,000
low | high
Med:
$1,100,000
56.382978723404% of Average
sqft:
2,684
low | high
Med:
1,602
90.312965722802% of Average
$ / sqft:
$438
low | high
Med:
$687
6.846495072649% of Average
On site:
4
low | high
Med:
29
13.793103448276% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $881K - $1.468M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
203 42 Avenue SW Property Photo 1
$1,200,000
203 42 Avenue Sw
Calgary, AB T2S1A7
Listing Updated: October 3, 2026 at 9:16:34 PM PDT