111 42 Avenue NE - Photo 1 of 41, Calgary, Alberta
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$679,900

111 42 Avenue NE — Calgary, Alberta

T2E2N5

TREC The Real Estate Company
5Beds
2Baths
1,149Sq Ft
2Parking
1955Built
559Lot Sq Ft

About This Property

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 revenue-generating 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 (id:63357)

TREC The Real Estate Company

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
5
Bathrooms
2
Half Baths
0
Living Area
1,149 sqft
Above Grade Area
1,149 sqft
Year Built
1955
Stories
1.0
Status
Active

Location & Neighborhood

What's nearby 111 42 Avenue NE

POI data updated 6/12/2026

Calgary Market Snapshot

7,085

Active Listings

$562K

Median Price

Avg Days on Market

Last updated: Jun 12, 2026

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$679,900
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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

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