CalgaryListings Insight This home at 111 42 Avenue NE is a 3-bedroom home with 2 bathrooms. Built in 1955, it is located in the community of Highland Park and offers 1,149 sq ft of living space above grade. Standout details include a fully finished basement with a separate entrance, a single 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® A2320384.
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FANTASTIC OPPORTUNITY for investors, builders, or homeowners looking for flexibility and future potential! Situated on a full-size 50’ x 120’ builder’s lot with a south-facing backyard and walkout basement potential, this bungalow offers endless possibilities - rebuild, or move in and enjoy immediately. The updated bungalow features renovated kitchens with durable quartz countertops, stainless steel appliances, and updated bathrooms designed for both style and easy maintenance. Hardwood flooring on the main level, complemented by newer windows, and an abundance of natural light pouring in from the sunny south-facing windows. A truly unique feature of this home is the double-sided fireplace, creating a warm and inviting ambiance shared between the living room and the primary bedroom. The main floor offers three spacious bedrooms, a functional layout, and comfortable living spaces ideal for families. Downstairs, the City-registered LEGAL secondary suite provides exceptional income potential. Complete with its own full kitchen, two bedrooms, and separate living space, it offers the flexibility to live up and rent down, accommodate extended family, or maximize cash flow by renting both levels. Enormous south-facing backyard with fire pit and hobby garden is great for families. The prime location offers incredible convenience - just a 10-minute drive to downtown or an easy commute via public transit along Centre Street. Whether you’re searching for a great investment property, a redevelopment opportunity, or a move-in-ready home with mortgage-helper income (Legal basement suite), this property delivers unmatched versatility and value. Don’t miss your chance to secure this exceptional opportunity
Property Taxes
$4,714.78/yr (2026)
Listing Information
MLS® NumberA2320384
StatusActive
List Price$659, 900
Days on Market61 days
OccupancyVacant
Property Details
Property TypeDetached
Architectural StyleBungalow
ZoningR-C2
Above-Grade Sq Ft1, 149 sq ft
Year Built1955
Bedrooms3
Full Bathrooms2
Total Bathrooms2
Interior
BasementFull, Finished, Separate/Exterior Entry
FlooringHardwood, Laminate, Tile, Vinyl
Fireplaces1
HeatingForced Air, Natural Gas
Air ConditioningNone
Exterior & Parking
ExteriorStucco
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces1
Total Parking2
Patio / DeckDeck
Site & Lot
Lot Size6, 017 sq ft
Lot Acres0.14 acres
Lot Width50.04
Lot FeaturesBack Lane, Dog Run Fenced In, Gentle Sloping, Landscaped, Rectangular Lot
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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