For Sale

1207, 40 Avenue NW, Alberta, Calgary

5 Beds 2 Bath 1229 Sqft

$729,900

About Property

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.

5 Bedrooms
2 Bathrooms
1229 sq ft
Garage
SingleFamilyResidence
Built 1957
Active
1 Floor
Interior Details
  • Built-in Features
  • Open Floorplan
  • Separate Entrance
Outdoor Details
  • Private Yard
MLS Number
243437322
Price
$729,900

Bedrooms
5
Bathroom
2

Square Footage
1229 sq ft
Property Type
RES

Community Name
Features
Forced Air, In Basement,In Bathroom,Lower Level,Main Level,Multiple Locations

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
5

Appliances
Concrete,Wood Siding
Cooling Type
None

Constructed Date
1957
Heating Type
Forced Air

Pool
Exterior Finish
Bungalow

Fireplace Present
No
Fireplace Total
0

Flooring Type
Carpet,Hardwood,Laminate,Tile
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
1

Size Interior
1229
Total Finished Area
1229
Spaces

Details
Single Garage Detached,Stall
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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