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Data was last updated 2025-09-18 at 06:54:13 AM (MDT)

107 40 Avenue NE - MLS® # A2256063

Property Details


List Price
$999,900
Living Area
1,219 sqft.
Bedrooms
4
Bathrooms
3 full, 1 half
Lot Size Area
6824 sq.ft.
Taxes
N/A
Type
Detached
Style
Bungalow
Basement
Finished, Full, Suite, Walk-Out To Grade
Year Built
1910

Description

Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.

Features

Balcony, Private Yard

Listing Provided By

Royal LePage Benchmark

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • Jim Hyslop
  • 403.650.4494
  • 403.259.4141
  • mail@jimhyslop.com
  • RE/MAX REALTY PROFESSIONALS
  • #10, 6020 - 1A STREET SW
  • CALGARY, AB
  • T2H 0G3