pillar/IMG-A2256063_1.jpg
4 days on Market

107 40 Ave, Calgary, Alberta T2E2M6

Detached
2 + 2
4 + 1
~1219.82 sqft
$999,900
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Detached
2 + 2
4 + 1
~1219.82 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$819/sqft

Monthly cost

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Description

Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.


Property Details

StyleBungalow
View-
Age of property1910
SqFt~1219.82 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2256063
Community NameHighland Park
Data SourcePILLAR 9
Listing byRoyal LePage Benchmark

Features

Heating: Forced Air
Basement: Finished,Full,Suite,Walk-Out To Grade

Main Floor

2pc Ensuite bath

0`0" x 0`0"

4pc Bathroom

0`0" x 0`0"

Bedroom

9`11" x 8`7"

Breakfast Nook

7`4" x 13`11"


Features

Patio: Balcony(s),Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 3

Total parking spaces 5


Property History

Sep 11, 2025
ListedActive
$999,900
4 days on market
history photo preview28
Listing by pillar 9®
Property listed by Royal LePage Benchmark, Brokerage
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Market Data - Highland Park

Geo Zone Map ThumbnailHighland Park

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

67 days

Compared to

2024

28 days

2023

38 days

2022

0 day

New Listings

Past 30 days

3 listings

Compared to

2024

4 listings

2023

6 listings

2022

7 listings

Units sold

Past 30 days

4 units

Compared to

2024

4 units

2023

8 units

2022

0 unit

Median Sold Price

Past 30 days

$620,000

Compared to

2024

$735,000

2023

$571,000


Population and Demographics

Overview

Total population 3432
Average household income $119,495

Age (%)

0 to 19
18%
20 to 34
26%
35 to 49
24%
50 to 64
18%
65 and plus
14%

Household composition (%)

Single family
47%
Single person
42%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
79%
Yue (Cantonese)
5%
Others
3%
Spanish
2%
Mandarin
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Renters
61%
Owners
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget