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$1,175,000

203 42 Avenue SW, Calgary

8 Beds • 4.0 Baths • 2,684 Sq Ft • Multi-Family
MLS# A2348856
  • Multi-Family
  • Spacious 8-bedroom layout
  • 4-car parking
  • 6,846 sq ft lot
  • Calgary location
4033995168

Ask Hui Zhao about this property

About This Property

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:67746)

Property Details

Bedrooms 8
Bathrooms 4.0
Living Area 2,684 sq ft
Lot Size 6,846 sq ft
Year Built 1961
Parking 4 spaces
Property Type Multi-Family

Building & Features

Building

Style
Bungalow
Storeys
1
Construction
Wood frame
Exterior
Stucco
Foundation
Poured Concrete
Flooring
Tile, Hardwood, Laminate, Linoleum, Vinyl Plank

Interior

Basement
Finished, Full, Separate entrance, Suite
Secondary suite
Yes
Separate entrance
Yes
Bedrooms above grade
6
Bedrooms below grade
2
Finished area above grade
2,684 sq ft
Heating
Forced air
Cooling
None
Fireplace
1 fireplace
Appliances
Refrigerator, Range - Electric, Dishwasher, Washer & Dryer

Parking

Garage and parking
Attached Garage

Lot and land

Lot dimensions
636.00
Frontage
19.8 m
Fencing
Partially fenced
Zoning
R-CG

Ownership and fees

Ownership
Freehold

Location

203 42 Avenue SW, Calgary, Alberta, T2S1A7