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Royal LePage
Royal LePage
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$999,900

107 40 Avenue NE, Calgary, AB, T2E 2M6

MLS® # A2256063

2+2 Beds

4  Baths

1220  FEETSQ

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Calgary AB, T2E 2M6

MLS® # A2256063

Property 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. Call for more information.

Inclusions: N/A

Building Features:

  • Total Finished Area: 1219.82

Property Features:

  • Bedrooms: 2+2
  • Bathrooms: 3+1
  • Architectural Style: Bungalow
  • Built in: 1910
  • Construction Materials: Stucco, Wood Frame, Wood Siding
  • Cooling: None
  • Exterior Features: Balcony, Private Yard
  • Fireplace Features: Gas, Living Room, Masonry, Raised Hearth
  • Floor Space (approx): 1219.82 Square Feet
  • Flooring: Carpet, Linoleum
  • Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Interior Features: Beamed Ceilings, Ceiling Fan(s), Chandelier, Laminate Counters, Storage, Vaulted Ceiling(s)
  • Levels: One
  • Lot Size: 6824.00 Square Feet
  • Parking Features: Double Garage Detached, Driveway, Off Street, Paved
  • Roof: Asphalt Shingle
  • Zoning: M-H1
  • No. of Parking Spaces: 5

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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⚠ Potential Investment Performance

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Location of 107 40 Avenue NE, Calgary, AB, T2E 2M6

Demographic Information of 107 40 Avenue NE, Calgary, AB, T2E 2M6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$117,371.45

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.75 %

High school certificate or equivalent

30.9 %

Apprenticeship trade certificate/diploma

8.35 %

College/non-university certificate

18.08 %

University certificate (below bachelor)

1.53 %

University Degree

25.39 %

Commuter

Travel To Work

By Car

73.23 %

By Public Transit

16.23 %

By Walking

6.92 %

By Bicycle

1.28 %

By Other Methods

2.34 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.7 %

Houses

69.3 %

Own Vs. Rent

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