203 42 Avenue SW
Calgary T2S1A7
MLS® Number: A2318753
$ 1,200,000
8
BEDROOMS
4 + 0
BATHROOMS
2,684
SQUARE FEET
1961
YEAR BUILT
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. 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. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill!
| COMMUNITY | Parkhill |
| PROPERTY TYPE | Full Duplex |
| BUILDING TYPE | Duplex |
| STYLE | Side by Side, Bungalow |
| YEAR BUILT | 1961 |
| SQUARE FOOTAGE | 2,684 |
| BEDROOMS | 8 |
| BATHROOMS | 4.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Electric Range, Refrigerator, Washer/Dryer |
| COOLING | None |
| FIREPLACE | Wood Burning |
| FLOORING | Hardwood, Laminate, Linoleum, Tile, Vinyl Plank |
| HEATING | Forced Air |
| LAUNDRY | In Unit, Laundry Room, Multiple Locations |
| LOT FEATURES | Front Yard, Low Maintenance Landscape |
| PARKING | Driveway, Single Garage Attached |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | REMAX Innovations |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Bedroom | 9`8" x 10`8" | Main |
| Bedroom - Primary | 12`5" x 13`3" | Main |
| 4pc Bathroom | 9`8" x 7`9" | Main |
| Kitchen | 9`1" x 13`10" | Main |
| Dining Room | 10`11" x 7`6" | Main |
| Living Room | 17`3" x 14`5" | Main |
| Bedroom | 9`8" x 10`4" | Main |
| Bedroom | 10`8" x 9`8" | Main |
| Bedroom | 10`4" x 9`9" | Main |
| Bedroom - Primary | 13`3" x 12`2" | Main |
| 4pc Bathroom | 7`6" x 9`8" | Main |
| Bedroom | 11`0" x 7`9" | Suite |
| 4pc Bathroom | 7`7" x 6`8" | Suite |
| 4pc Bathroom | 7`10" x 6`2" | Suite |
| Bedroom | 9`9" x 12`11" | Suite |
