For Sale

1816, 42 Street SE, Alberta, Calgary

3 Beds 2 Bath 850 Sqft

$474,900

About Property

CHECK OUT OUR 24/7 VIRTUAL OPEN HOUSE! Investors and savvy buyers—this is a rare inner-city opportunity with M-C1 zoning, offering long-term redevelopment potential (multi-residential density, up to 4 storeys, subject to city approval). Pair that with an existing legal up/down suite, and you’ve got the best of both worlds: income today + upside tomorrow. This beautifully maintained bungalow features 2 bedrooms and a 4-piece bath on the main level, plus a legal 1-bedroom basement suite with a 3-piece bath—ideal for investors, multi-generational living, downsizers, or owner-occupants wanting a reliable mortgage helper. The main floor has been tastefully refreshed with warm vinyl plank flooring, fresh paint and trim, and refurbished kitchen cabinets, creating a bright and welcoming space. Downstairs, the fully finished legal suite offers excellent flexibility for rental income or extended family. Outside, you’ll appreciate the large, level lot with extra rear/side parking (perfect for a boat or small RV), plus a double garage off the back lane for secure parking and storage. Added bonus: a new roof on both the house and garage (2024) for peace of mind. Centrally located close to Deerfoot Tr, shopping, schools, and public transit make this home perfect for any family at any stage of life. Whether you’re building your portfolio, planning future redevelopment, or looking for a home that helps pay for itself, this one checks all the boxes.

3 Bedrooms
2 Bathrooms
850 sq ft
Garage
SingleFamilyResidence
Built 1959
Active
1 Floor
Interior Details
  • See Remarks
Outdoor Details
  • None
MLS Number
238551168
Price
$474,900

Bedrooms
3
Bathroom
2

Square Footage
850 sq ft
Property Type
RES

Community Name
Features
Forced Air, In Basement

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
3

Appliances
Brick,Stucco,Vinyl Siding,Wood Frame
Cooling Type
None

Constructed Date
1959
Heating Type
Forced Air

Pool
Exterior Finish
Bungalow

Fireplace Present
No
Fireplace Total
0

Flooring Type
Laminate,Linoleum,Vinyl Plank
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
1

Size Interior
850
Total Finished Area
850
Spaces

Details
Alley Access,Double Garage Detached,Parking Pad,RV Access/Parking
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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