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1243 40 Avenue NW, Calgary

Cambrian Heights
NewMLS® A2355190· 4 days on market
$729,000
$688 per sq ft (asking)
2
Bedrooms
2
Bathrooms
1,060
Sq ft
1958
Year built
$4,565
Property tax (2026)
2
Garage
5,500
Lot sq ft
CalgaryListings Insight
Located in the community of Cambrian Heights, 1243 40 Avenue NW is a 2-bedroom home with 2 bathrooms, built in 1958, offering 1,060 sq ft of living space above grade. Standout details include a fully finished basement with a separate entrance, a double 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. This one is new to market, so showing access and offer timing may matter. MLS® A2355190.

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About this property

Live in it, rent it, or reimagine it — the opportunity is yours in beautiful Cambrian Heights! Welcome to this charming bungalow nestled on a beautiful, tree-lined street in the desirable community of Cambrian Heights! Surrounded by towering mature trees, lush greenery and the warmth of an established neighbourhood, this property offers a wonderful blend of character, comfort and opportunity. Situated on an R-C2 zoned lot in a community experiencing continued redevelopment, this home presents exciting possibilities for homeowners, investors and those looking to explore future potential. Step inside and you'll immediately appreciate the abundance of natural light and the warm, welcoming atmosphere throughout. The bright and spacious main floor offers a generous living room with plenty of space to relax, entertain and gather with family and friends. The updated kitchen provides a functional and inviting space for everyday cooking and dining. Originally designed with three bedrooms on the main floor, the layout has been reconfigured to offer two generously sized bedrooms, providing additional space and comfort. An updated full bathroom, complete with washer and dryer hookups, adds everyday convenience to this thoughtfully laid-out home. The fully finished basement features an **illegal 2-bedroom suite**, offering even more flexibility and potential. Complete with its own kitchen, a full bathroom, two bedrooms and plenty of open living space, the lower level feels bright and welcoming with natural light throughout. Whether accommodating extended family or exploring potential rental income, this additional living space offers plenty of possibilities. Step outside to enjoy the beautifully landscaped and fully fenced backyard, a wonderful outdoor retreat surrounded by the greenery and mature trees that make this neighbourhood so special. There's plenty of room to entertain, garden, enjoy summer barbecues or simply unwind in your own backyard. The **oversized 22' x 24' double detached garage** offers plenty of room for parking, storage and all your outdoor essentials. Location is another standout feature! Cambrian Heights is known for its charming homes, mature tree-lined streets and welcoming community atmosphere. Enjoy being just minutes from Confederation Park, beautiful walking and biking pathways, schools, playgrounds, shopping and everyday amenities. With convenient access to major roadways and downtown Calgary, you'll enjoy the peaceful feel of an established neighbourhood while staying close to everything the city has to offer. With its inviting character, spacious layout, mature surroundings and future potential, this property offers something for everyone.
Property Taxes
$4,565/yr (2026)

Listing Information

MLS® NumberA2355190
StatusActive
List Price$729, 000
Days on Market4 days
OccupancyOwner

Property Details

Property TypeDetached
Architectural StyleBungalow
ZoningR-C2
Above-Grade Sq Ft1, 060 sq ft
Year Built1958
Bedrooms2
Full Bathrooms2
Total Bathrooms2

Interior

BasementFull, Finished, Separate/Exterior Entry
FlooringCarpet, Hardwood, Tile, Vinyl
Fireplaces0
HeatingForced Air, Natural Gas
Air ConditioningNone

Exterior & Parking

ExteriorMetal Siding, Stucco
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking4
Patio / DeckDeck, Front Porch, Other

Site & Lot

Lot Size5, 500 sq ft
Lot Acres0.13 acres
Lot Width55.09
Lot FeaturesBack Lane, City Lot, Landscaped, Standard Shaped Lot, Street Lighting
Legal Description9043HA;11;46

Inclusions

Dishwasher,Microwave Hood Fan,Refrigerator,Washer/Dryer

Room Dimensions

Main Level
4pc Bathroom0`0" × 0`0"
Bedroom8`1" × 10`6"
Bedroom - Primary10`3" × 11`7"
Kitchen9`5" × 10`1"
Dining Room8`0" × 9`10"
Living Room12`1" × 16`1"
Office10`1" × 12`8"
Basement Level
4pc Bathroom0`0" × 0`0"
Kitchenette11`9" × 11`10"
Family Room11`8" × 12`5"
Bedroom10`2" × 11`8"
Bedroom12`0" × 19`0"

Listing Office

eXp Realty
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

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.

What did similar homes here actually sell for?

Calgary Listings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.

What stands out about this listing

  • Time on marketOn the market 4 days. Detached homes that sold in Cambrian Heights over October 2025 – September 2026 averaged 47 days.
  • Price per sq ft$688 per sq ft above grade at asking, in line with the $709 per sq ft median across 6 comparable active detached homes in Cambrian Heights.

Worked out from this MLS® record, our published community data and the other active listings in Cambrian Heights. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Where this price sits in Cambrian Heights

Asking $729,000. That is about 4% below the $762,450 median sale price for detached homes in Cambrian Heights over October 2025 – September 2026, across 30 recorded sales. Those sales took 47 days on the market on average. Across all home types, sellers in Cambrian Heights got 97.2% of their asking price on average and the community was carrying 2.6 months of supply.

Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Cambrian Heights SchoolPublic (CBE) · Elementary · 269 m · about 2 mins by carSchool website
  • St. Joseph SchoolCatholic (CCSD) · Elementary/Junior High · 1.3 km · about 4 mins by carSchool website
  • King George SchoolPublic (CBE) · Elementary · 1.4 km · about 3 mins by carSchool website
  • Branton SchoolPublic (CBE) · Elementary/Junior High · 2.1 km · about 7 mins by carSchool website
  • William Aberhart High SchoolPublic (CBE) · about 7 mins by carSchool website
  • Crescent Heights High SchoolPublic (CBE) · about 8 mins by carSchool website

Distances and drive times are measured from the centre of Cambrian Heights, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Cambrian Heights

DestinationBy carBy transit
Downtown Calgary14 mins37 mins
University of Calgary9 mins21 mins
Foothills Medical Centre12 mins42 mins
Mount Royal University16 mins43 mins
Calgary International Airport14 mins1 hour 7 mins
Westside Recreation Centre23 mins51 mins

Off-peak estimates measured from the centre of Cambrian Heights, not from this address. Live traffic varies.

Who lives in Cambrian Heights

  • 2,000Population
  • 2.3Average household size
  • 63%Owner-occupied households
  • $104KMedian household income
  • 16%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Cambrian Heights census profile →

Questions about this home

Is 1243 40 Avenue NW for sale?

Yes. 1243 40 Avenue NW in Cambrian Heights is an active MLS® listing (MLS® A2355190). It has been on the market 4 days. Listing data last updated 2026-10-28.

What is the asking price of 1243 40 Avenue NW?

1243 40 Avenue NW in Cambrian Heights is listed at $729,000.

How many bedrooms and bathrooms does 1243 40 Avenue NW have?

1243 40 Avenue NW in Cambrian Heights has 2 bedrooms and 2 bathrooms. The listing records 1,060 sq ft above grade. It is a detached house.

How does the asking price of 1243 40 Avenue NW compare with the Cambrian Heights market?

Its $729,000 asking price is about 4% below the $762,450 median sale price for detached homes in Cambrian Heights (October 2025 – September 2026, 30 sales). Medians are not adjusted for size, age or condition.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

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