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1207 40 Avenue NW

Calgary, AB T2K 0G3
  • $729,900
  • STATUS: Active
  • ID#: A2317359
UPDATED: 164 min ago
$729,900
  • 5
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,229
    SQFT
  • $594
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
Built:
1957
Area:

Description

A smart home purchase is one thing. But a home that pays you back every single month? That changes the conversation. Sitting on a massive 62 foot wide lot with a sun-soaked south backyard, this upgraded and fully suited 5 bedroom bungalow blends lifestyle, flexibility and income potential into one compelling opportunity. Whether you’re a growing family, investor or young buyer looking to offset your mortgage, this is the kind of property that makes financial sense without sacrificing comfort. Inside, this home has undergone a thoughtful refresh featuring charming refinished hardwood floors, repainted walls and replaced Lux windows throughout. The main living + dining spaces flow together seamlessly, creating an inviting setting for everyday life and entertaining alike. The bright kitchen delivers timeless style with herringbone flooring, crisp white cabinetry, subway tile backsplash and a corner stove framed by a sleek hood fan. The primary bedroom comfortably fits a king-sized bed and offers a spacious dual-door closet, while two additional guest bedrooms and a beautifully maintained 4-piece bathroom with stacked laundry complete the upper level. Downstairs, the fully contained 2 bedroom + den opens the door to incredible versatility with approximately $4,000/month in combined income potential. Large egress windows flood the lower level with natural light while the spacious layout, kitchenette, separate laundry and dedicated 3-piece bathroom create a comfortable space tenants or extended family will genuinely enjoy. Outside, the oversized single garage is complemented by an RV gate and additional parking stall designated for the lower-level occupant - a rare and valuable bonus. All this in a central location just 15 minutes to downtown and walking distance to Nose Hill Park, Confederation Park and an off-leash dog area. Opportunities with this much flexibility, functionality and upside don’t sit still for long.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2026-08-09T00:30:15.337.
www.urbanhavenyyc.ca/homes/177463417
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1207 40 Avenue NW Calgary, AB T2K 0G3

  • Price: $729,900
  • Status: Active
  • On Site: Days
  • Updated: 164 min ago
  • ID#: A2317359
5
Beds
2
Baths
0
½ Baths
0.14
Acres
1,229
SQFT
$594
$/SQFT
1957
Built
Neighbourhood:
Cambrian Heights
Area:
Calgary
Property Description
A smart home purchase is one thing. But a home that pays you back every single month? That changes the conversation. Sitting on a massive 62 foot wide lot with a sun-soaked south backyard, this upgraded and fully suited 5 bedroom bungalow blends lifestyle, flexibility and income potential into one compelling opportunity. Whether you’re a growing family, investor or young buyer looking to offset your mortgage, this is the kind of property that makes financial sense without sacrificing comfort. Inside, this home has undergone a thoughtful refresh featuring charming refinished hardwood floors, repainted walls and replaced Lux windows throughout. The main living + dining spaces flow together seamlessly, creating an inviting setting for everyday life and entertaining alike. The bright kitchen delivers timeless style with herringbone flooring, crisp white cabinetry, subway tile backsplash and a corner stove framed by a sleek hood fan. The primary bedroom comfortably fits a king-sized bed and offers a spacious dual-door closet, while two additional guest bedrooms and a beautifully maintained 4-piece bathroom with stacked laundry complete the upper level. Downstairs, the fully contained 2 bedroom + den opens the door to incredible versatility with approximately $4,000/month in combined income potential. Large egress windows flood the lower level with natural light while the spacious layout, kitchenette, separate laundry and dedicated 3-piece bathroom create a comfortable space tenants or extended family will genuinely enjoy. Outside, the oversized single garage is complemented by an RV gate and additional parking stall designated for the lower-level occupant - a rare and valuable bonus. All this in a central location just 15 minutes to downtown and walking distance to Nose Hill Park, Confederation Park and an off-leash dog area. Opportunities with this much flexibility, functionality and upside don’t sit still for long.
Exterior Features

Architectural Style Bungalow Construction Materials ConcreteWood Siding Exterior Features Private Yard Fencing Partial Foundation Details Poured Concrete Frontage Length 18.91M 62`0" Garage YN Yes Levels One Parking Features Single Garage DetachedStall Parking Total 2 Patio And Porch Features None Roof Asphalt Shingle Structure Type House

Interior Features

Basement Full Bedrooms Above Grade 3 Below Grade Finished Area 1109.00 Cooling None Ensuite YN No Fireplaces Total 0 Five Piece Bath 0 Five Piece Ensuite Bath 0 Flooring CarpetHardwoodLaminateTile Four Piece Bath 1 Four Piece Ensuite Bath 0 Heating Forced Air Interior Features Built-in FeaturesOpen FloorplanSeparate Entrance Laundry Features In BasementIn BathroomLower LevelMain LevelMultiple Locations Rooms Living Room (Main) Dining Room (Main) Kitchen (Main) Bedroom - Primary (Main) Bedroom (Main) Bedroom (Main) 4pc Bathroom (Main) Living Room (Lower) Kitchen With Eating Area (Lower) Bedroom (Lower) Bedroom (Lower) Den (Lower) 3pc Bathroom (Lower) Rooms Above Grade 6 Six Piece Bath 0 Six Piece Ensuite Bath 0 Three Piece Bath 1 Three Piece Ensuite Bath 0 Two Piece Bath 0 Two Piece Ensuite Bath 0

Property Features

Additional Parcels YN No Association YN No Association2 YN No Community Features ParkPlaygroundSchools NearbyShopping NearbySidewalksStreet LightsWalking/Bike Paths Condo Type Not a Condo Direction Faces N Inclusions Lower level fridgedishwasherstovewasherdryer Lot Features Back Lane New Construction YN No One Piece Bath 0 Property Sub Type Detached Title Land Fee Simple Transaction Type For Sale Zoning R-CG

Listing provided courtesy of CIR Realty. © 2026 Pillar 9™. All Rights Reserved.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2026-08-09T00:30:15.337.
 
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Tanya Hamilton and Kelly Pocock | CIR Realty
703 64 Ave SE #130
Calgary AB, T2H 2C3