CalgaryListings Insight Welcome to 203 42 Avenue SW — a 6-bedroom home built in 1961, featuring 4 bathrooms in the community of Parkhill, with 2,683 sq ft of living space above grade. Standout details include a fully finished basement with a separate entrance, a double garage, hardwood flooring, and a fireplace. 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® A2318753.
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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.
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!
Property Taxes
$4,968/yr (2025)
Listing Information
MLS® NumberA2318753
StatusActive
List Price$1, 200, 000
Days on Market31 days
OccupancyTenant
Property Details
Property TypeFull Duplex
Architectural StyleAttached-Side by Side, Bungalow
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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