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$749,900
Alberta,Calgary
For Sale Active
1207 40 Avenue NW, Calgary, Alberta T2K0G3
  • 5
  • 2
  • 1,229 Sqft
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Basic Details
Description

A smart home purchase is one thing. But a home that pays you back every single month? That changes the conversation. Sitting on a massive 62 foot wide lot with a sun-soaked south backyard, this upgraded and fully suited 5 bedroom bungalow blends lifestyle, flexibility and income potential into one compelling opportunity. Whether you’re a growing family, investor or young

buyer looking to offset your mortgage, this is the kind of property that makes financial sense without sacrificing comfort. Inside, this home has undergone a thoughtful refresh featuring charming refinished hardwood floors, repainted walls and replaced Lux windows throughout. The main living + dining spaces flow together seamlessly, creating an inviting setting for everyday life and entertaining alike. The bright kitchen delivers timeless style with herringbone flooring, crisp white cabinetry, subway tile backsplash and a corner stove framed by a sleek hood fan. The primary bedroom comfortably fits a king-sized bed and offers a spacious dual-door closet, while two additional guest bedrooms and a beautifully maintained 4-piece bathroom with stacked laundry complete the upper level. Downstairs, the fully contained 2 bedroom + den opens the door to incredible versatility with approximately $4, 000/month in combined income potential. Large egress windows flood the lower level with natural light while the spacious layout, kitchenette, separate laundry and dedicated 3-piece bathroom create a comfortable space tenants or extended family will genuinely enjoy. Outside, the oversized single garage is complemented by an RV gate and additional parking stall designated for the lower-level occupant – a rare and valuable bonus. All this in a central location just 15 minutes to downtown and walking distance to Nose Hill Park, Confederation Park and an off-leash dog area. Opportunities with this much flexibility, functionality and upside don’t sit still for long. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2317359
  • Price: $749,900
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1,229 Sqft
  • Year Built: 1957
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 54462
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Finished, Full, Separate entrance, Suite
  • Fence: Partially fenced
  • Parking: Detached Garage
  • Architectural Style: Bungalow
  • Exterior Features: Concrete, Wood siding
  • Flooring: Laminate, Tile, Hardwood, Carpeted
Address Map
  • Location: CA, Alberta, Calgary, Cambrian Heights, T2K0G3
  • Street: 40
  • Street Number: 1207
  • Street Suffix: Avenue
  • Longitude: W115° 54' 46.5''
  • Latitude: N51° 5' 21.4''
  • Street Dir Suffix: Northwest
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 577.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 4109
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Listing updated: 2026-06-12 22:10:21
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Listing Information
  • List Agent Key: 1597208
  • List Office Key: 54462
  • Modification Timestamp: 2026-06-09T19:00:16Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-06-09T18:53:35Z
Powered by REALTOR.ca
Listing updated: 2026-06-12 22:10:21
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