pillar/IMG-A2256063_1.jpg
25 days on Market

107 40 Ave, Calgary, Alberta T2E2M6

Detached
2 + 2
4 + 1
~1219.82 sqft
$999,900
Get pre-qualifiedPowered by nesto
Detached
2 + 2
4 + 1
~1219.82 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market25 days

Estimated valueNot available

Price/Sqft$819/sqft

Monthly cost

Open Calculator

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
25 days on market
history photo preview28
Listing by pillar 9®
Property listed by Royal LePage Benchmark, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Highland Park

Geo Zone Map ThumbnailHighland Park

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

18 days

2023

35 days

2022

52 days

New Listings

Past 30 days

4 listings

Compared to

2024

10 listings

2023

3 listings

2022

3 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

4 units

2022

3 units

Median Sold Price

Past 30 days

$642,800

Compared to

2024

$552,500

2023

$600,750

2022

$550,000


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