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Price
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107 40 Avenue NE Calgary, AB T2E2M6

$999,900
4
Beds
3.5
Baths
0.16
Acres
1,220
SQFT
820
$/SQFT
$999,900
4
Beds
3.5
Baths
1,220   sf
$820 / sf
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active
1/28
Street View

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.

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.

  • Neighborhood
    Highland Park
  • Type
    Homes (Single Family)
  • Total Baths
    3.5
  • 1/2 Baths
    1
  • County
    Calgary
  • Status
    Active
  • Listing #
    A2256063
  • Built
    1910
  • Lot Size
    0.16
  • Listed on site
    28 days
  • Listing Brokerage
    Royal LePage Benchmark

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2025-10-01 01:37:47
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Property details

Community Features

  • Golf Community
  • No HOA

Property Features

  • InLaw Suite

Exterior features

  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Finished
  • Basement Full
  • Basement Walk Out
  • Basement Suite

Style

  • Bungalow
  • One Story
  • Ranch / One Story
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