Calgary MLS® Listing Details

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3
Bedrooms
2
Bathrooms
1,229
Sq ft
1957
Year built
$4,109
Property tax (2025)
1
Garage
6,210
Lot sq ft
$729,900
1207 40 Avenue NW, Calgary T2K 0G3
Cambrian Heights
ActiveMLS® A2317359· 73 days on market
CalgaryListings Insight
Tucked into the community of Cambrian Heights, this 3-bedroom home at 1207 40 Avenue NW was built in 1957 and includes 2 bathrooms and 1,229 sq ft of living space above grade. Standout details include a fully finished basement with a separate entrance, a single garage, and hardwood flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2317359.

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About this property

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.
Property Taxes
$4,109/yr (2025)

Listing Information

MLS® NumberA2317359
StatusActive
List Price$729, 900
Days on Market73 days
OccupancyVacant

Property Details

Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft1, 229 sq ft
Year Built1957
Bedrooms3
Full Bathrooms2
Total Bathrooms2

Interior

BasementFull, Finished, Separate/Exterior Entry
FlooringCarpet, Hardwood, Laminate, Tile
Fireplaces0
HeatingForced Air
Air ConditioningNone

Exterior & Parking

ExteriorConcrete, Wood Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces1
Total Parking2
Patio / DeckNone

Site & Lot

Lot Size6, 210 sq ft
Lot Acres0.14 acres
Lot Width62.04
Lot FeaturesBack Lane
Legal Description9043HA;12;23

Inclusions

Dishwasher,Electric Stove,Microwave,Range Hood,Refrigerator,Washer/Dryer Stacked

Room Dimensions

Main Level
Living Room17`9" × 12`10"
Dining Room10`9" × 9`0"
Kitchen13`11" × 12`4"
Bedroom - Primary11`8" × 10`11"
Bedroom13`5" × 9`3"
Bedroom10`4" × 9`3"
4pc Bathroom10`4" × 6`6"
Lower Level
Living Room19`6" × 15`2"
Kitchen With Eating Area13`11" × 12`4"
Bedroom17`0" × 10`10"
Bedroom12`6" × 8`6"
Den11`0" × 10`4"
3pc Bathroom11`0" × 6`4"

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

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