Calgary Realtor

$1,399,000 · For Sale
128 40 Avenue NW, Calgary, Alberta
1,947sq ft
13Days on Market

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
  • Multi-Family
  • Freehold
  • Basement: Finished, Full, Separate entrance, Walk out
  • Detached Garage, Other Parking
  • Forced air, Natural gas Heat

Property Details

Community Highland Park
Property Type Multi-family
Building Type Multi-Family
Year Built 1957
Ownership/Title Freehold
MLS® Number A2344541

Size & Land

Finished Area 1,947 sq ft

Building Features

Basement Finished, Full, Separate entrance, Walk out
Heating Forced air, Natural gas

Parking

Parking Type Detached Garage, Other
Parking Spaces 5

Financial & Other

Property Taxes $7,714/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$5,942/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.

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Listing courtesy of eXp Realty · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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