Elevated urban investment in one of Calgary’s most sought-after central locations. This beautifully appointed raised bungalow with a legal suite blends refined living with exceptional income potential, currently operating as a high-performing Airbnb with 604 nights booked and a 6.9-day average stay. Thoughtfully designed, the home offers four bedrooms across two bright, expansive levels, each enhanced by oversized windows that flood the interiors with natural light. The main living space is anchored by rich hardwood flooring, creating a warm yet sophisticated atmosphere ideal for both short-term guests and long-term tenants. The legal suite provides seamless flexibility for dual-income streams, while recent upgrades, including a newer furnace, and Air Conditioning, ensure comfort and efficiency. Perfectly positioned with effortless access to SAIT, the University of Calgary, downtown, and an array of premier shopping and dining, this location consistently attracts a discerning rental demographic. A rare opportunity to acquire a turnkey, income-generating property that delivers both style and performance in a premier Calgary setting.
Essential information
MLS® number
A2333027
Status
Active
Price
$799,999
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
4
Bathrooms
2 full
Living area
1,047 sq ft
Lot size
5,489 sq ft
Year built
1957
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
Royal LePage Network Realty Corp.
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air
Cooling
Central Air
Flooring
Hardwood, Linoleum, Vinyl
Appliances
Central Air Conditioner, Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer, Window Coverings
Features
No Animal Home
Fireplaces
0
Laundry
Common Area, In Basement, Laundry Room
Basement
Full
Basement development
Finished
Included
4 Bedroom Suites ( 2 King, 2 Queen), Flatware, dishes, one 75" TV, three 65" TV's, coffee tables, media stands, dining furniture, decor, ALL FFE. Everything is included for a Turn Key transfer.
Exterior and construction
Features
Garden, Private Yard
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Back Lane, Front Yard, Lawn, Private
Frontage
16.76M 55`0"
Zoning
R-CG
Parking
Total parking
5
Garage spaces
1
Features
Additional Parking, Alley Access, Concrete Driveway, Driveway, Front Drive, Garage Faces Front, Off Street, Parking Pad, Single Garage Detached, Stall
Community
City
Calgary
Province
AB
Postal code
T2K3J2
Features
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Mortgage calculator
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34 photos$729,0001243 40 Avenue NW, Calgary
