111 42 Avenue NE
Calgary, AB, T2E 2N5
$649,900
5 Beds
2 Baths
1,149 SqFt
0.14 Acres
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MLS #A2320384 image #0
FANTASTIC OPPORTUNITY for investors, builders, or homeowners looking for flexibility and future potential! Situated on a full-size 50’ x 120’ builder’s lot with a south-facing backyard and walkout basement potential, this bungalow offers endless possibilities – rebuild, or move in and enjoy immediately. The updated bungalow features renovated kitchens with durable quartz countertops, stainless steel appliances, and updated bathrooms designed for both style and easy maintenance. Hardwood flooring on the main level, complemented by newer windows, and an abundance of natural light pouring in from the sunny south-facing windows. A truly unique feature of this home is the double-sided fireplace, creating a warm and inviting ambiance shared between the living room and the primary bedroom. The main floor offers three spacious bedrooms, a functional layout, and comfortable living spaces ideal for families. Downstairs, the City-registered LEGAL secondary suite provides exceptional income potential. Complete with its own full kitchen, two bedrooms, and separate living space, it offers the flexibility to live up and rent down, accommodate extended family, or maximize cash flow by renting both levels. Enormous south-facing backyard with fire pit and hobby garden is great for families. The prime location offers incredible convenience – just a 10-minute drive to downtown or an easy commute via public transit along Centre Street. Whether you’re searching for a great investment property, a redevelopment opportunity, or a move-in-ready home with mortgage-helper income (Legal basement suite), this property delivers unmatched versatility and value. Don’t miss your chance to secure this exceptional opportunity

Property Details

Price:
$649,900
MLS #:
A2320384
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Highland Park
Listed Date:
Jun 12, 2026
Finished Sq Ft:
1,149
Lot Size:
6,017 sqft / 0.14 acres (approx)
Year Built:
1955
GarageHighland ParkFullBack Lane,dog Run Fenced In,gentle Sloping,landscaped,rectangular Lot

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Schools

Interior

Appliances
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
Dog Run, Fire Pit, Private Yard
Lot Features
Back Lane, Dog Run Fenced In, Gentle Sloping, Landscaped, Rectangular Lot
Parking Features
Single Garage Detached
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Oct 01, 2026
3,655
Single Family Listed
48
Avg DOM
493
Avg $ / SqFt
$870,738
Avg List Price

Property Summary

    Located in the Highland Park subdivision, 111 42 Avenue NE Calgary AB is a Single Family for sale in Calgary, AB, T2E 2N5. It is listed for $649,900 and features 5 beds, 2 baths, and has approximately 1,149 square feet of living space, and was originally constructed in 1955. The current price per square foot is $566. The average price per square foot for Single Family listings in Calgary is $493. The average listing price for Single Family in Calgary is $870,738. To schedule a showing of MLS#a2320384 at 111 42 Avenue NE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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111 42 Avenue NE
Calgary, AB