203 42 Avenue SW, Calgary Calgary, AB, T2S1A7

Listing Price
$1,175,000
house
8 beds
4 baths
2683.66 sqft
Property Details
Property Type
house
Year Built
1961
Parking Spaces
4
Heating
FORA
Cooling
NONE
Lot Size
0.16 sqft
Basement
FULL
Construction
Stucco, WDFRM
Roof
RFASP
Foundation
FOCON
Zoning
R-CG
Subdivision
104
MLS Number
A2348856
Listed Date
Oct 1, 2026
Days on Market
9
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!
Features & Amenities
Appliances
DISHERNGREFRWDR
Interior
KITILAMCSTOR
Exterior
PRVY
Architectural Style
SBSBUNG
Location
203 42 Avenue SW, Calgary, AB, T2S1A7
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Estimated Monthly Payment
$0
Principal & interest on a $0 mortgage at 5.25% for 25 years
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