107 40 Avenue Ne, Calgary, AB, T2E2M6
$999,900
4
Beds
4
Baths
1,220
Square feet
0.16
Acres
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. Call for more information.
Features of 107 40 Avenue Ne, Calgary
| MLS® # | A2256063 |
|---|---|
| Price | $999,900 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 1,220 |
| Acres | 0.16 |
| Year Built | 1910 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Bungalow |
| Status | Active |
| Address | 107 40 Avenue Ne |
|---|---|
| Subdivision | Highland Park |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2E2M6 |
| Zone | Zone CC |
Amenities at 107 40 Avenue Ne, Calgary, AB
| Parking Spaces | 5 |
|---|---|
| Parking | Double Garage Detached, Driveway, Off Street, Paved |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
| Suite | Suite - Illegal |
| Interior Features | Beamed Ceilings, Ceiling Fan(s), Chandelier, Laminate Counters, Storage, Vaulted Ceiling(s) |
|---|---|
| Appliances | See Remarks, None |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas, Living Room, Raised Hearth, Masonry |
| Has Basement | Yes |
| Basement | Finished, Full, Suite, Walk-Out |
| Exterior Features | Balcony, Private Yard |
|---|---|
| Lot Description | Back Lane, Back Yard, Corner Lot, Rectangular Lot, Treed, Backs on to Park/Green Space, Sloped |
| Roof | Asphalt Shingle |
| Construction | Stucco, Wood Frame, Wood Siding |
| Foundation | Poured Concrete |
| Date Listed | September 11th, 2025 |
|---|---|
| Days on Market | 44 |
| Zoning | M-H1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
107 40 Avenue Ne, Calgary Listing Details
| Office | Royal LePage Benchmark |
|---|---|
| Website | To see this home contact Chamberlain Real Estate Group to Schedule your tour. |