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Data was last updated 2025-11-10 at 14:24:13 PM (MST)

936 40 Street SW - MLS® # A2269306

Property Details


List Price
$725,000
Living Area
890 sqft.
Bedrooms
4
Bathrooms
2
Lot Size Area
6253 sq.ft.
Taxes
N/A
Type
Detached
Style
Bungalow
Basement
Full
Year Built
1958

Description

Attention investors and developers, secure your future in one of Calgary’s most rapidly evolving inner city communities, perfectly situated on a premium 6253 sq ft lot, close to transit and all amenities. This oversized lot boasts an R-CG zoning, making it a great fit for future multi family redevelopment, or large detached/semi detached build subject to city approval. This property currently functions as a revenue generating investment, offering immediate holding income to help offset development costs while plans are finalized or a fantastic investment property to buy and hold for the long term. The current setup is ideal for dual occupancy, featuring separate front entrances leading to the main level and another to the illegal lower suite. Both the upper and lower units are well configured, each providing two comfortable bedrooms, a spacious four piece bathroom, an open living room, and functional kitchen, with shared laundry facilities conveniently located between the two levels. The home offers separate electric meters, and a thermostat controlled  gas fireplace in the basement making both levels comfortable and the management of tenants utilities simple. Heading outside this home offers a large private yard with a single detached garage, currently being rented month to month, and loads of parking due to the front driveway in addition to parking off the back lane access.  This fantastic location in the mature community of Rosscarrock is unbeatable for commuters, offering quick access to downtown, LRT station, Bow Trail, and the nearby Westbrook Mall. The blend of revenue generation, high development potential, and prime inner city access makes this property adaptable to many different configurations. Call today for your private showing!

Features

Private Entrance, Private Yard

Listing Provided By

Boutique Real Estate Group Inc.

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