Investor Alert or Great Starter Home! This property offers a legal basement suite and sits on a massive nearly 7,000 sq. ft. lot, just 10 minutes from downtown. Live upstairs, and rent down, or cash flow by renting out both suites. The main level features 3 bedrooms and 1 bathroom, as well as a large open kitchen and living room with wood burning fireplace. The legal basement suite includes 2 bedrooms and 1 bathroom — perfect for mortgage help or rental income. The home needs some work but with solid bones and a desirable location, it’s a smart investment with room to grow. Whether you’re looking to renovate, rent out, or rebuild, this is a rare opportunity in a prime location!

Property Details

Price:
$575,000
MLS #:
A2229454
Status:
Active
Beds:
5
Baths:
2
Address:
712 40 Avenue NW
Type:
Single Family
Subtype:
Detached
Subdivision:
Highwood
City:
Calgary
Listed Date:
Jun 12, 2025
Province:
AB
Finished Sq Ft:
1,096
Postal Code:
206
Lot Size:
6,910 sqft / 0.16 acres (approx)
Year Built:
1956

Schools

Interior

Appliances
Range Hood, Refrigerator, Stove(s)
Basement
Full, Suite
Bathrooms Full
2
Laundry Features
Multiple Locations

Exterior

Exterior Features
Private Yard
Lot Features
Back Lane, Back Yard, Rectangular Lot
Parking Features
Alley Access, Parking Pad
Parking Total
4
Patio And Porch Features
Patio
Roof
Asphalt Shingle

Financial

Map

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712 40 Avenue NW
Calgary, AB