Open: Today, 11AM to 1PM
pillar/IMG-A2229454_1.jpg
1 day on Market

712 40 Ave, Calgary, Alberta T2K 0E6

Detached
3 + 2
2
~1096.99 sqft
$599,900
Get pre-qualifiedPowered by nesto
Detached
3 + 2
2
~1096.99 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$546/sqft

Est. Mortgage$2,576/mo

Tax Amount (2025)$3,748/yr

Days On Market1 day


Description

**Open House Saturday June 14th 11:30-1pm**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!


Upcoming Open House

Jun 14Sat11:30 AM - 1:00 PM

Property Details

StyleBungalow
View-
Age of property1956
SqFt~1096.99 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2229454
Community NameHighwood
Data SourcePILLAR 9
Listing byRE/MAX iRealty Innovations

Features

Heating: Forced Air,Natural Gas
Basement: Full,Suite

Suite Floor

3pc Bathroom

4`11" x 11`9"

Bedroom

7`10" x 11`1"

Kitchen

11`2" x 10`7"

Bedroom - Primary

19`11" x 10`6"


Features

Patio: Patio

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jun 12, 2025
ListedActive
$599,900
1 day on market
history photo preview21
Listing by pillar 9®
Property listed by RE/MAX iRealty Innovations, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Highwood

Geo Zone Map ThumbnailHighwood

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

8 days

2023

13 days

New Listings

Past 30 days

5 listings

Compared to

2024

9 listings

2023

7 listings

Units sold

Past 30 days

3 units

Compared to

2024

3 units

2023

3 units

Median Sold Price

Past 30 days

$661,000

Compared to

2024

$771,000

2023

$548,000


Population and Demographics

Overview

Total population 1140
Average household income $135,757

Age (%)

0 to 19
24%
50 to 64
21%
35 to 49
21%
20 to 34
20%
65 and plus
15%

Household composition (%)

Single family
61%
Single person
29%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
87%
Others
4%
Yue (Cantonese)
3%
Spanish
2%
German
1%
Arabic
1%

House tenancy (%)

Owners
64%
Renters
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget