1243 40 Avenue NW
Calgary, AB, T2K0G5
$729,000
4 Beds
2 Baths
1,060 SqFt
0.13 Acres
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MLS #A2355190 image #0
INVESTOR ALERT: investment opportunity on a beautiful tree-lined street! Live in it, rent it, or reimagine it — the opportunity is yours in beautiful Cambrian Heights! Welcome to this charming bungalow nestled on a beautiful, tree-lined street in the desirable community of Cambrian Heights! Surrounded by towering mature trees, lush greenery and the warmth of an established neighbourhood, this property offers a wonderful blend of character, comfort and opportunity. Situated on an R-C2 zoned lot in a community experiencing continued redevelopment, this home presents exciting possibilities for homeowners, investors and those looking to explore future potential.

Step inside and you&#39'll immediately appreciate the abundance of natural light and the warm, welcoming atmosphere throughout. The bright and spacious main floor offers a generous living room with plenty of space to relax, entertain and gather with family and friends. The updated kitchen provides a functional and inviting space for everyday cooking and dining. Originally designed with three bedrooms on the main floor, the layout has been reconfigured to offer two generously sized bedrooms, providing additional space and comfort. An updated full bathroom, complete with washer and dryer hookups, adds everyday convenience to this thoughtfully laid-out home.

The fully finished basement features an **illegal 2-bedroom suite**, offering even more flexibility and potential. Complete with its own kitchen, a full bathroom, two bedrooms and plenty of open living space, the lower level feels bright and welcoming with natural light throughout. Whether accommodating extended family or exploring potential rental income, this additional living space offers plenty of possibilities.

Step outside to enjoy the beautifully landscaped and fully fenced backyard, a wonderful outdoor retreat surrounded by the greenery and mature trees that make this neighbourhood so special. There&#39's plenty of room to entertain, garden, enjoy summer barbecues or simply unwind in your own backyard. The **oversized 22&#39' x 24&#39' double detached garage** offers plenty of room for parking, storage and all your outdoor essentials.

Location is another standout feature! Cambrian Heights is known for its charming homes, mature tree-lined streets and welcoming community atmosphere. Enjoy being just minutes from Confederation Park, beautiful walking and biking pathways, schools, playgrounds, shopping and everyday amenities. With convenient access to major roadways and downtown Calgary, you&#39'll enjoy the peaceful feel of an established neighbourhood while staying close to everything the city has to offer.

With its inviting character, spacious layout, mature surroundings, and future potential, this property offers something for everyone.

Property Details

Price:
$729,000
MLS #:
A2355190
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Cambrian Heights
Listed Date:
Oct 28, 2026
Finished Sq Ft:
1,060
Lot Size:
5,500 sqft / 0.13 acres (approx)
Year Built:
1958
Cambrian HeightsFullBack Lane,city Lot,landscaped,standard Shaped Lot,street Lighting

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Schools

Interior

Appliances
Dishwasher, Microwave Hood Fan, Refrigerator, Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement, Multiple Locations, Upper Level

Exterior

Exterior Features
Garden, Lighting, Private Yard
Lot Features
Back Lane, City Lot, Landscaped, Standard Shaped Lot, Street Lighting
Parking Features
Double Garage Detached, Heated Garage, Oversized
Parking Total
4
Patio And Porch Features
Deck, Front Porch, Other
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Nov 04, 2026
3,336
Single Family Listed
50
Avg DOM
488
Avg $ / SqFt
$871,637
Avg List Price

Property Summary

    Located in the Cambrian Heights subdivision, 1243 40 Avenue NW Calgary AB is a Single Family for sale in Calgary, AB, T2K0G5. It is listed for $729,000 and features 4 beds, 2 baths, and has approximately 1,060 square feet of living space, and was originally constructed in 1958. The current price per square foot is $688. The average price per square foot for Single Family listings in Calgary is $488. The average listing price for Single Family in Calgary is $871,637. To schedule a showing of MLS#a2355190 at 1243 40 Avenue NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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1243 40 Avenue NW
Calgary, AB