203 42 Avenue Southwest
Parkhill, Calgary, Alberta T2S1A7
$1,175,000
Listed by REMAX Innovations
MLS® A2348856
- Bedrooms
- 8
- Bathrooms
- 4
- Living area
- 2,684 sq ft
- Type
- Multi-family
- Built
- 1961
About this property
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:67740)
Property details
Building
| Property type | Multi-family |
|---|---|
| Ownership | Freehold |
| Style | Bungalow |
| Year built | 1961 |
| Storeys | 1 |
| Construction | Wood frame |
| Foundation | Poured Concrete |
Interior
| Bedrooms above grade | 6 |
|---|---|
| Bedrooms below grade | 2 |
| Half baths | 0 |
| Above grade finished area | 2,684 square feet |
| Basement | Finished, Full, Separate entrance, Suite |
| Flooring | Tile, Hardwood, Laminate, Linoleum, Vinyl Plank |
| Heating | Forced air |
| Cooling | None |
| Fireplaces | 1 |
| Appliances | Refrigerator, Range – Electric, Dishwasher, Washer & Dryer |
Lot & exterior
| Lot size | 636.00 square meters |
|---|---|
| Lot dimensions | 636.00 |
| Exterior | Stucco |
| Fencing | Partially fenced |
| Zoning description | R-CG |
Parking
| Parking spaces | 4 |
|---|---|
| Parking | Attached Garage |
Fees & taxes
| Annual property taxes | $4,968 |
|---|---|
| Tax year | 2025 |
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 10.67 Ft x 9.67 Ft |
| Primary Bedroom | Main level | 13.25 Ft x 12.42 Ft |
| 4pc Bathroom | Main level | 7.75 Ft x 9.67 Ft |
| Kitchen | Main level | 13.83 Ft x 9.08 Ft |
| Dining room | Main level | 7.50 Ft x 10.92 Ft |
| Living room | Main level | 14.42 Ft x 17.25 Ft |
| Bedroom | Main level | 10.33 Ft x 9.67 Ft |
| Bedroom | Unknown | 7.75 Ft x 11.00 Ft |
| 4pc Bathroom | Unknown | 6.67 Ft x 7.58 Ft |
| 4pc Bathroom | Unknown | 6.17 Ft x 7.83 Ft |
| Bedroom | Unknown | 12.92 Ft x 9.75 Ft |
| Bedroom | Main level | 9.67 Ft x 10.67 Ft |
| Bedroom | Main level | 9.75 Ft x 10.33 Ft |
| Primary Bedroom | Main level | 12.17 Ft x 13.25 Ft |
| 4pc Bathroom | Main level | 9.67 Ft x 7.50 Ft |
Location
Map location is approximate. Open larger map
Listing brokerage: REMAX Innovations
Listing data last updated November 6, 2026 4:31 pm.
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