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203 42 Avenue SW, Calgary

$1,175,000

About this property

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. Unit 203A (3 Bedroom, 1 Bathroom) has been recently updated with new stainless steel appliances. 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. You could live in one unit and rent the other 3 units, or hold this property as a 4 unit rental building. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill!

Essential information

MLS® number
A2348856
Status
Active
Price
$1,175,000
Property type
Residential
Type
Full Duplex
Transaction
For Sale
Restrictions
None Known
Bedrooms
8
Bathrooms
4 full
Living area
2,684 sq ft
Lot size
6,845 sq ft
Year built
1961
Structure
Duplex
Style
Attached-Side by Side, Bungalow
Levels
One
Listing brokerage
REMAX Innovations
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air
Flooring
Hardwood, Laminate, Linoleum, Tile, Vinyl Plank
Appliances
Dishwasher, Electric Range, Refrigerator, Washer/Dryer
Features
Kitchen Island, Laminate Counters, Storage
Fireplaces
1
Fireplace
Wood Burning
Laundry
In Unit, Laundry Room, Multiple Locations
Basement
Full
Basement development
Finished

Exterior and construction

Features
Private Yard
Construction
Stucco, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Front Yard, Low Maintenance Landscape
Frontage
19.82M 65`0"
Zoning
R-CG

Parking

Total parking
4
Garage spaces
2
Features
Driveway, Single Garage Attached

Community

City
Calgary
Province
AB
Postal code
T2S1A7
Features
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Where it is

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MLS® data last updated Nov 8, 2026, 1:20 a.m. (Mountain Time).

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