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''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''s plenty of room to entertain, garden, enjoy summer barbecues or simply unwind in your own backyard. The **oversized 22'' x 24'' 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''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.
Step inside and you''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''s plenty of room to entertain, garden, enjoy summer barbecues or simply unwind in your own backyard. The **oversized 22'' x 24'' 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''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
See this Listing
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
- Address1243 40 Avenue NW Calgary AB
- SubdivisionCambrian Heights
- CityCalgary
- CountyCalgary
- Zip CodeT2K0G5
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Alyth/Bonnybrook
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eastfield
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Glendeer Business Park
- Golden Triangle
- Great Plains
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Huxley
- Inglewood
- Kelvin Grove
- Keystone Hills
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayfair
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- North Haven Upper
- Oakridge
- Ogden
- Osprey Hill
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Roxboro
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline East
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Stonegate Landing.
- Stoney 1
- Stoney 3
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
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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