203 42 Avenue SW - Photo 1 of 41, Calgary, Alberta
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$1,175,000

203 42 Avenue SW — Calgary, Alberta

T2S1A7

REMAX Innovations
MLS® A2348856
8Beds
4Baths
2,684Sq Ft
4Parking
1961Built
636Lot Sq Ft

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! (id:63357)

REMAX InnovationsMLS® A2348856

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
8
Bathrooms
4
Half Baths
0
Living Area
2,684 sqft
Above Grade Area
2,684 sqft
Year Built
1961
Stories
1.0
Status
Active
MLS® Number
A2348856

Location & Neighborhood

What's nearby 203 42 Avenue SW

Nearby Schools

  • Catchment · Elementary

    Bowcroft School

    Calgary Board of Education

    Assigned
  • Catchment · Middle

    A. E. Cross School

    Calgary Board of Education

    Assigned
  • Catchment · Secondary

    Alternative High School

    Calgary Board of Education

    Assigned
  • Elboya

    School

    1.0 km
  • 1.2 km
  • 1.2 km
  • 1.2 km
  • 2.3 km

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Fitness

POI data updated 9/30/2026

Calgary Market Snapshot

$567K

MLS® HPI Benchmark

Source: Calgary Real Estate Board, City of Calgary, September 2026.

Last updated: Oct 12, 2026

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$1,175,000
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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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