203 42 Avenue SW, Calgary, Alberta, T2S1A7

203 42 Avenue SW, Calgary, Alberta, T2S1A7
$1,175,000
Bedrooms
8
Bathrooms
4
Half Baths
0
Storeys
1
SqFt
2,684
Year Built
1961
Community
Parkhill
MLS#
A2348856
Days Listed
9
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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:24240)

Bedrooms: 8
Bathrooms: 4
Half Baths: 0
Interior Size: 2684 sqft
Total Finished Area: 2683.66 sqft
Storeys: 1
Year Built: 1961
Property Type: Multi-family
Title: Freehold
Appliances: Refrigerator, Range - Electric, Dishwasher, Washer & Dryer
Nearby Ammenities: Park, Playground, Schools, Shopping
Parking Spaces: 4
Property Type: Multi-family
Zoning: R-CG
Latest Update: Fri, 09 Oct 2026 16:58:10 GMT
MLS#: A2348856
Listing Agency:
REMAX Innovations
100, 1301 8 STREET S.W., CALGARY, Alberta, T2R1B7
Realtor and MLS
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