203 42 Avenue SW
Calgary, AB, T2S1A7
$1,175,000
8 Beds
4 Baths
2,683 SqFt
0.16 Acres
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MLS #A2348856 image #0
RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary’s most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside.
Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location. Unit 203A (3 Bedroom, 1 Bathroom) has been recently updated with new stainless steel appliances.
Whether you’re looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes.
Opportunities like this are rare. You could live in one unit and rent the other 3 units, or hold this property as a 4 unit rental building. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill!

Property Details

Price:
$1,175,000
MLS #:
A2348856
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Subtype:
Full Duplex
Subdivision:
Parkhill
Listed Date:
Sep 30, 2026
Finished Sq Ft:
2,683
Lot Size:
6,845 sqft / 0.16 acres (approx)
Year Built:
1961
ParkhillFullFront Yard,low Maintenance Landscape

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Schools

Interior

Appliances
Dishwasher, Electric Range, Refrigerator, Washer/Dryer
Basement
Full
Bathrooms Full
4
Laundry Features
In Unit, Laundry Room, Multiple Locations

Exterior

Exterior Features
Private Yard
Lot Features
Front Yard, Low Maintenance Landscape
Parking Features
Driveway, Single Garage Attached
Parking Total
4
Patio And Porch Features
None
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
3,603
Single Family Listed
44
Avg DOM
492
Avg $ / SqFt
$868,496
Avg List Price

Property Summary

    Located in the Parkhill subdivision, 203 42 Avenue SW Calgary AB is a Single Family for sale in Calgary, AB, T2S1A7. It is listed for $1,175,000 and features 8 beds, 4 baths, and has approximately 2,683 square feet of living space, and was originally constructed in 1961. The current price per square foot is $438. The average price per square foot for Single Family listings in Calgary is $492. The average listing price for Single Family in Calgary is $868,496. To schedule a showing of MLS#a2348856 at 203 42 Avenue SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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203 42 Avenue SW
Calgary, AB