Cambrian Heights
LIST PRICE
$729,900
1207 40 Avenue NW, Calgary · T2K 0G3
5 BEDROOMS · 2 BATHROOMS · 1,229 SQFT · BUILT 1957
MLS A2317359 · 43 DAYS ON MARKET
Interested in this home?
JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.
RE/MAX Complete Realty · Calgary
What this home — and yours — is really worth right now.
ABOUT THIS HOME
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.
DETAILS
INTERIOR
- BEDROOMS
- 5
- FULL BATHS
- 2
- HALF BATHS
- 0
- LIVING AREA (SQFT)
- 1,229
- FEATURES
- Built-in Features · Open Floorplan · Separate Entrance
- APPLIANCES
- Dishwasher · Electric Stove · Microwave · Range Hood · Refrigerator · Washer/Dryer Stacked
- FLOORING
- Carpet · Hardwood · Laminate · Tile
- BASEMENT
- Full
- BASEMENT DEVELOPMENT
- Finished
BUILDING
- TYPE
- Detached
- STYLE
- Bungalow
- YEAR BUILT
- 1957
- NEW CONSTRUCTION
- No
- CONSTRUCTION
- Concrete · Wood Siding
- ROOF
- Asphalt Shingle
- FOUNDATION
- Poured Concrete
PARKING
- GARAGE SPACES
- 1
- TOTAL PARKING
- 2
- PARKING
- Single Garage Detached · Stall
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 6,210
- LOT SIZE (ACRES)
- 0.14
- LOT
- Back Lane
- EXTERIOR
- Private Yard
- PATIO & PORCH
- None
- FENCING
- Partial
COMMUNITY
- COMMUNITY
- Cambrian Heights
- COMMUNITY FEATURES
- Park · Playground · Schools Nearby · Shopping Nearby · Sidewalks · Street Lights · Walking/Bike Paths
- ZONING
- R-CG
- POSTAL CODE
- T2K 0G3
UTILITIES & COSTS
- HEATING
- Forced Air
- COOLING
- None
- ANNUAL TAXES
- $4,109