203 42 Avenue Sw, Calgary
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:1945)
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Property details for 203 42 Avenue Sw, Calgary
- Type
- Multi-family
- Style
- Bungalow
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2,684 square feet
- Lot Size
- 636.00
- Stories
- 1
- Basement
- Finished, Full, Separate entrance, Suite
- Parking
- Attached Garage
- Heating
- Forced air
- Cooling
- None
- Exterior
- Stucco
- Ownership
- Freehold
- Annual Taxes
- $4,968 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 203 42 Avenue Sw
Active Listings
1
Min Price
$1,175,000
Max Price
$1,175,000
Avg Price
$1,175,000
Days on Market
3
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Calgary, Alberta
Population
1,230
Median Age
34.6
Median Income
$31,509
Dwelling Value
$469,176
Housing Tenure
Owners 19%
Renters 80%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 450.2/km²
Avg Shelter Cost: $1,453/mo
Owners with Mortgage: 68.2%
Owners Spending 30%+: 22.7%
Tenants Spending 30%+: 45.1%
English only: 86.9%
French only: 0.5%
English and French: 9.9%
Neither: 2.7%
Median Household Income: $42,688
Median Employment Income: $30,208
Price History
Listed
September 30, 2026
by REMAX Innovations
Current Price
$1,175,000
-2.1% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,175,000 | $25,000 (-2.1%) |
| Sep 30, 2026 | $1,200,000 | Listed |
