203 42 Avenue SW

Calgary, AB · T2S 1A7

$1,200,000CAD
Full Duplex Active
  • 8Bedrooms
  • 4Bathrooms
  • 2684Sq Feet
  • Driveway, Single Garage AttachedGarage
  • 1961Year Built

About this home

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. 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. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill!

Highlights

  • Bungalow
  • Duplex
  • Finished Basement
  • Fireplace
  • Forced Air
  • Full Duplex
  • Future Development Potential
  • Hardwood Floors
  • Illegal Suite
  • Inner City
  • Investment Property
  • Legal Suite
  • Near Downtown
  • Parkhill
  • South Facing Backyard
  • Sw Calgary

What's nearby

  • Bus Stop
  • Cafe
  • Community Association
  • Golf
  • Gym
  • Park
  • Playground
  • Pool
  • Rec Centre
  • Restaurant

Property facts

Interior

Bedrooms
8
Bathrooms
4
Square Feet
2,684
Flooring
Hardwood, Laminate, Linoleum, Tile, Vinyl Plank
Basement
Full · Finished
Heating
Forced Air
Cooling
None

Building

Property Type
Full Duplex
Structure
Duplex
Style
Attached-Side by Side, Bungalow
Year Built
1961
Garage
Driveway, Single Garage Attached

Lot & Zoning

Lot Size
0.16
Zoning
R-CG

Condo & Fees

Restrictions
None Known

Location

Community
Parkhill
City
Calgary
Postal Code
T2S 1A7

Listing

MLS® Number
A2318753
Days on Market
24
Price per Sq Ft
$447/sqft
Taxes
$4,968 (2025)

Location

203 42 Avenue SW, Calgary, AB · T2S 1A7