1610 40 Street Sw, Calgary
PRIME ROSSCARROCK REDEVELOPMENT — DP-APPROVED & READY TO BUILD! Exceptional opportunity for builders, developers, and investors in one of Calgary's fastest-evolving inner-city communities. Development Permit approved for a striking 2-storey semi-detached infill featuring 3 bedrooms per side, PLUS 2-bedroom legal secondary suites and detached garages — delivering over 2,000 sq ft above grade per side (subject to City/Municipality approvals and permitting). Skip years of planning and step directly into a shovel-ready project on an affordable inner-city lot.HOLD NOW, BUILD LATER: The existing home generates immediate income with a 2-bedroom main floor and a 1-bedroom basement suite (illegal) — a perfect mortgage helper while you finalize your build plans. Recent updates include roof (2019) and hot water tank (2024).UNBEATABLE LOCATION: Walk to public and Catholic schools, Westbrook Mall (Walmart, Safeway & more), and transit including Westbrook LRT and 45 Street LRT — putting downtown, University of Calgary, SAIT, Mount Royal University, and the vibrant 17th Avenue shops and restaurants just minutes away. Opportunities like this — location, approvals, and holding income in one package — don't come often. (id:1945)
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Property details for 1610 40 Street Sw, Calgary
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 738 square feet
- Lot Size
- 500.00
- Stories
- 1
- Basement
- Finished, Full, Suite
- Parking
- Detached Garage
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $4,112 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 1610 40 Street Sw
Active Listings
27
Min Price
$244,900
Max Price
$950,000
Avg Price
$571,574
Days on Market
38
days
Sold Listings
23
Min Sold Price
$249,900
Max Sold Price
$3,700,000
Avg Sold Price
$800,452
Days until Sold
47
days
Neighbourhood Census Data
Calgary, Alberta
Population
503
Median Age
32
Median Income
$31,296
Dwelling Value
$549,862
Housing Tenure
Owners 17%
Renters 83%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 4,878.8/km²
Avg Shelter Cost: $1,617/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 41%
English only: 90%
English and French: 7%
Neither: 2%
Median Household Income: $51,712
Median Employment Income: $31,744
Price History
Listed
August 14, 2026
by eXp Realty
Current Price
$669,900
-1.5% from last change
Type
Residential
For Sale
Price Changes
5
| Date | Price | Change |
|---|---|---|
| Current | $669,900 | $10,000 (-1.5%) |
| Sep 10, 2026 | $679,900 | $20,000 (-2.9%) |
| Aug 14, 2026 | $699,900 | $49,100 (-6.6%) |
| Jun 19, 2026 | $749,000 | +$49,100 (+7%) |
| Jun 19, 2026 | $699,900 | $49,100 (-6.6%) |
| Jun 19, 2026 | $749,000 | Listed |