3124 42 Street SW
Calgary, AB, T3E 3M3
$924,900
6 Beds
2 Baths
1,615 SqFt
0.16 Acres
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Located in the heart of Glenbrook, this investment duplex sits proudly on a rare 58’ x 120’ lot along one of the community’s most iconic tree-lined streets. With beautiful mature overhangs providing shade and charm, this property offers a blend of inner-city convenience and quiet residential character that’s hard to find. The large frontage and deep lot give it a commanding presence and exceptional curb appeal—ideal for attracting long-term tenants or future redevelopment opportunities.

The property is zoned R-CG, offering incredible potential for value-added upgrades or a more comprehensive development strategy. With separate side entrances at the back, both units can easily accommodate legal basement suites—adding flexibility and maximizing rental income. Investors will appreciate the strong fundamentals of this parcel: a solid existing structure, income-generating potential, and the ability to build multiple units over time, all while staying within existing zoning guidelines.

Whether you’re looking to buy and hold, renovate for cash flow, or explore higher-density redevelopment in the future, this property offers a versatile and strategic addition to any real estate portfolio. Glenbrook remains one of Calgary’s most sought-after, up-and-coming inner-city neighbourhoods, and opportunities like this—especially on lots of this size and zoning—rarely come to market.

Property Details

Price:
$924,900
MLS #:
A2223997
Status:
Active
Beds:
6
Baths:
2
Address:
3124 42 Street SW
Type:
Single Family
Subtype:
Full Duplex
Subdivision:
Glenbrook
City:
Calgary
Listed Date:
May 24, 2025
Province:
AB
Finished Sq Ft:
1,615
Postal Code:
333
Lot Size:
6,953 sqft / 0.16 acres (approx)
Year Built:
1959
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Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.

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Schools

Interior

Appliances
Other
Basement
Full, Partially Finished
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
Other
Lot Features
Back Lane, Back Yard, Front Yard, Lawn, Low Maintenance Landscape, Rectangular Lot, See Remarks, Treed
Parking Features
Parking Pad
Parking Total
4
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle

Financial

Map

Community

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3124 42 Street SW
Calgary, AB