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107 40 Avenue NE, Calgary, Alberta

$999,900

4 Beds
4 Baths
1,220 Square Feet

Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information. (id:59963)

Listing ID: A2256063
Property Type: Single Family
Year Built: 1910

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Rooms

Level	Type	Dimensions
3pc Bathroom	Lower level	.00 Ft x .00 Ft
4pc Bathroom	Lower level	.00 Ft x .00 Ft
Bedroom	Lower level	9.08 Ft x 12.00 Ft
Bedroom	Lower level	12.33 Ft x 11.25 Ft
Kitchen	Lower level	9.33 Ft x 13.08 Ft
Recreational, Games room	Lower level	12.92 Ft x 13.25 Ft
Furnace	Lower level	9.33 Ft x 10.75 Ft
2pc Bathroom	Main level	.00 Ft x .00 Ft
4pc Bathroom	Main level	.00 Ft x .00 Ft
Bedroom	Main level	9.92 Ft x 8.58 Ft
Breakfast	Main level	7.33 Ft x 13.92 Ft
Kitchen	Main level	9.92 Ft x 13.50 Ft
Living room	Main level	16.08 Ft x 25.50 Ft
Primary Bedroom	Main level	13.08 Ft x 18.58 Ft

Details

Architectural Style: Bungalow
Amenities Nearby: Golf Course, Park, Playground, Schools, Shopping
Community Features: Golf Course Development
Features: Treed, Other, Back lane
Ownership: Freehold
Parking Spaces: 5
Plan: 3674S
Transaction: For sale
Zoning Description: M-H1

Building

Appliances: None, See remarks
Architectural Style: Bungalow
BasementType: Full (Finished)
Basement Development: Finished
Basement Features: Walk out, Suite
Bedrooms Main Level: 2
Bedrooms Lower Level: 2
Constructed Date: 1910
Constructed Material: Wood frame
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Stucco, Wood siding
Fireplace Present: True
Fireplace Total: 1
Flooring: Carpeted, Linoleum
Foundation: Poured Concrete
Bathrooms (Half): 1
Bathrooms (Total): 4
Heating: Forced air
Size Interior: 1220 sqft
Stories Total: 1
Total Finished Area: 1219.82 sqft
Type: House

Land

Amenities: Golf Course, Park, Playground, Schools, Shopping
Fence: Partially fenced
Size Frontage: 17.37 m
Size Irregular: 634.00
Size Total: 634 m2|4,051 - 7,250 sqft

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 107 40 Avenue NE in Calgary Alberta. It was last modified on September 12th, 2025. Contact Nadya Judson to schedule a viewing or to discover other Calgary real estate for sale.

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