128 40 Avenue NW, Calgary, Alberta T2K 0E3
About This Property
RARE INNER-CITY INVESTMENT OPPORTUNITY in the sought-after community of Highland Park! Ideally situated on a generous 67' x 120' lot, this legal fourplex offers an exceptional combination of location, income potential, and long-term redevelopment value. Residents will enjoy convenient access to schools, Tim Hortons, local shops, public transit, major roadways, and downtown Calgary.The property features three spacious two-bedroom units and one one-bedroom unit, complemented by numerous upgrades and a brand-new coin-operated washer and dryer. Additional highlights include a newer 24' x 21' double detached garage, three additional parking stalls, a storage shed, a large patio, and a beautifully landscaped, fully fenced private yard.A well-maintained income property in a highly accessible inner-city location—an excellent opportunity for investors or future redevelopment.
Key Features
- Built in 1957
- Basement: Finished, Full, Separate entrance, Walk out
- Detached Garage, Other Parking
- Forced air, Natural gas Heat
Property Details
Size
Interior
Building
Parking
Land
Financial
What’s nearby
- Buchanan School 350 m5 min walk
- James Fowler High SchoolPublic (CBE) 450 m6 min walk
- Foundations for the Future Charter Academy - North Middle School Campus 700 m9 min walk
- Highwood SchoolPublic (CBE) 950 m12 min walk
Distances are straight-line. Catchment areas change, so confirm the designated school with the Calgary Board of Education or Calgary Catholic School District.
- The Top Dog Store 1.1 km14 min walk
- Safeway 1.5 km19 min walk
- Unimarket Latin Foods 1.8 km22 min walk
Tap a place for directions. Places from OpenStreetMap contributors.
Estimated Monthly Payment
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$5,730
- Property tax$643
- Estimated total$6,372/mo
View on REALTOR.ca
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