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8 Beds
4 Baths
2,684 sqft

C$1,175,000

203 42 Avenue SW, Calgary Alberta, T2S1A7

Price per sqftC$437.78
Built in1961
Property size2,684 sqft
Property typeMulti-family
Courtesy of Karlee Mushie with REMAX Innovations

Overview

Active

Listed Sep 30, 2026

Updated 29 min ago

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:41202)

Additional information

MLS® ID
A2348856

Interior Features

Bedrooms
8
Bathrooms
4
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$4,968
Tax Frequency
Annually
Garage
Yes

Courtesy of Karlee Mushie with REMAX Innovations

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