Calgary Realtor

$649,900 · For Sale
111 42 Avenue NE, Calgary, Alberta
3+2Bedrooms
2Bathrooms
1,149sq ft
559m² Lot
111Days on Market

About This Property

FANTASTIC OPPORTUNITY for investors, builders, or homeowners looking for flexibility and future potential! Situated on a full-size 50’ x 120’ builder’s lot with a south-facing backyard and walkout basement potential, this bungalow offers endless possibilities - rebuild, or move in and enjoy immediately. The updated bungalow features renovated kitchens with durable quartz countertops, stainless steel appliances, and updated bathrooms designed for both style and easy maintenance. Hardwood flooring on the main level, complemented by newer windows, and an abundance of natural light pouring in from the sunny south-facing windows. A truly unique feature of this home is the double-sided fireplace, creating a warm and inviting ambiance shared between the living room and the primary bedroom. The main floor offers three spacious bedrooms, a functional layout, and comfortable living spaces ideal for families. Downstairs, the City-registered LEGAL secondary suite provides exceptional income potential. Complete with its own full kitchen, two bedrooms, and separate living space, it offers the flexibility to live up and rent down, accommodate extended family, or maximize cash flow by renting both levels. Enormous south-facing backyard with fire pit and hobby garden is great for families. The prime location offers incredible convenience - just a 10-minute drive to downtown or an easy commute via public transit along Centre Street. Whether you’re searching for a great investment property, a redevelopment opportunity, or a move-in-ready home with mortgage-helper income (Legal basement suite), this property delivers unmatched versatility and value. Don’t miss your chance to secure this exceptional opportunity

Key Features

  • Built in 1955
  • House
  • Freehold
  • Basement: Finished, Full, Separate entrance, Suite
  • Detached Garage Parking
  • 1 Fireplace

Property Details

Community Highland Park
Property Type House
Building Type House
Storeys 1
Year Built 1955
Ownership/Title Freehold
MLS® Number A2320384

Size & Land

Finished Area 1,149 sq ft
Land Size 559 m² Lot

Building Features

Basement Finished, Full, Separate entrance, Suite
Heating Forced air, Natural gas
Cooling None
Foundation Poured Concrete
Fireplace 1 Fireplace

Parking

Parking Type Detached Garage
Parking Spaces 2

Financial & Other

Property Taxes $4,715/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,760/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

  • Mortgage$2,760
  • Property tax$393
  • Estimated total$3,153/mo
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Listing courtesy of TREC The Real Estate Company · Calgary Real Estate Board
View on REALTOR.ca
ED
Evans Dobey
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