For Sale: 1207 40 Avenue NW, Calgary, AB - REW
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$749,900
5 bd • 2 ba • 1229 sf • House
1207 40 Avenue NW
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$749,900
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1207 40th Avenue NWCalgary, AB, T2K 0G3

Cambrian Heights
  • 5 Bed
  • 2 Bath
  • 1229 Sqft
  • House

About this home

A smart home purchase is one thing. But a home that pays you back every single month? That changes the conversation. Sitting on a massive 62 foot wide lot with a sun-soaked south backyard, this upgraded and fully suited 5 bedroom bungalow blends lifestyle, flexibility and income potential into one compelling opportunity. Whether you’re a growing family, investor or young buyer looking to offset your mortgage, this is the kind of property that makes financial sense without sacrificing comfort. Inside, this home has undergone a thoughtful refresh featuring charming refinished hardwood floors, repainted walls and replaced Lux windows throughout. The main living + dining spaces flow together seamlessly, creating an inviting setting for everyday life and entertaining alike. The bright kitchen delivers timeless style with herringbone flooring, crisp white cabinetry, subway tile backsplash and a corner stove framed by a sleek hood fan. The primary bedroom comfortably fits a king-sized bed and offers a spacious dual-door closet, while two additional guest bedrooms and a beautifully maintained 4-piece bathroom with stacked laundry complete the upper level. Downstairs, the fully contained 2 bedroom + den opens the door to incredible versatility with approximately $4,000/month in combined income potential. Large egress windows flood the lower level with natural light while the spacious layout, kitchenette, separate laundry and dedicated 3-piece bathroom create a comfortable space tenants or extended family will genuinely enjoy. Outside, the oversized single garage is complemented by an RV gate and additional parking stall designated for the lower-level occupant - a rare and valuable bonus. All this in a central location just 15 minutes to downtown and walking distance to Nose Hill Park, Confederation Park and an off-leash dog area. Opportunities with this much flexibility, functionality and upside don’t sit still for long.
Listed by: Joel Gwillim, CIR Realty

Home facts and features

Price details
List Price
$749,900
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Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
1
Property Type
House
Lot Size
6099 ft²
Frontage
62.04 ft
Year Built
Built in 1957 (69 yrs old)
Style
Bungalow
Heating Type
Forced Air
Basement Details
Full
Features
Back Lane, Built-in Features, In Basement, In Bathroom, Lower Level, Main Level, Multiple Locations, Open Floorplan, Park, Private Yard, Schools Nearby, Separate Entrance, Sidewalks, Street Lights, Walking/bike Paths
Amenities
Playground, Shopping Nearby
Appliances
Dishwasher, Microwave, Range Hood, Refrigerator, Stove, Washer/dryer Stacked
Community
Agent details
Primary Agent
Primary Broker
CIR Realty
Listing details
Days on REW
8 Days
MLS® Number
A2317359
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

Asasa Academy
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Cambrian Heights School
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Colonel Irvine School
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Northwest Elementary Campus
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Highwood School
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North Haven School
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St. Margaret School
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St. Francis High School
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James Fowler High School
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Collingwood School
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Call Agent
Joel Gwillim
Phone:
(403) 999-8610
Office:
403-294-1500
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.