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MLS® A2348856
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Multi-family
$1,175,000

203 42 Avenue SW

Parkhill, Calgary

  • 8bedrooms
  • 4bathrooms
  • 2,684sq ft
  • 1961year built

About this home

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:67336)

Details

MLS® number
A2348856
Community
Parkhill
Property type
Multi-family
Ownership
Freehold
Year built
1961
Storeys
1
Basement
Finished, Full, Separate entrance, Suite
Heating
Forced air
Cooling
None
Parking
Attached Garage
Parking spaces
4
Flooring
Tile, Hardwood, Laminate, Linoleum, Vinyl Plank
Appliances
Refrigerator, Range - Electric, Dishwasher, Washer & Dryer
Lot size
636.00
Zoning
R-CG
Property taxes
$4,968 (2025)

Rooms

RoomLevelSize
BedroomMain level10.67 Ft x 9.67 Ft
Primary BedroomMain level13.25 Ft x 12.42 Ft
4pc BathroomMain level7.75 Ft x 9.67 Ft
KitchenMain level13.83 Ft x 9.08 Ft
Dining roomMain level7.50 Ft x 10.92 Ft
Living roomMain level14.42 Ft x 17.25 Ft
BedroomMain level10.33 Ft x 9.67 Ft
BedroomUnknown7.75 Ft x 11.00 Ft
4pc BathroomUnknown6.67 Ft x 7.58 Ft
4pc BathroomUnknown6.17 Ft x 7.83 Ft
BedroomUnknown12.92 Ft x 9.75 Ft
BedroomMain level9.67 Ft x 10.67 Ft
BedroomMain level9.75 Ft x 10.33 Ft
Primary BedroomMain level12.17 Ft x 13.25 Ft
4pc BathroomMain level9.67 Ft x 7.50 Ft

Location

Listed byREMAX Innovations
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