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Duplex

$1,175,000

203 42 Avenue SW, Parkhill, Calgary, Alberta

8
Beds
4
Baths
2,683 sqft
Floor area
Sep 30, 2026
Listed
Property Description

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!

Features & Amenities
Kitchen Island
Laminate Counters
Storage
Private Yard
Additional Information
MLS®
A2348856
Type
Duplex
Status
Active
Year built
1961
Neighbourhood
Parkhill
Lot size
—
Days on market
0 days
Brokerage
REMAX Innovations
Location

203 42 Avenue SW, Calgary, Alberta T2S1A7

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