5 days on Market

203 42 Ave, Calgary, Alberta T2S1A7

Detached
6 + 2
4
~2683.66 sqft
$1,175,000
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Detached
6 + 2
4
~2683.66 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$437/sqft

Monthly cost

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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!


Property Details

StyleAttached-Side by Side,Bungalow
View-
Age of property1961
SqFt~2683.66 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2348856
Community NameParkhill
Data SourcePILLAR 9
Listing byREMAX Innovations

Features

Heating: Forced Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

Bedroom

9`8" x 10`8"

Bedroom - Primary

12`5" x 13`3"

4pc Bathroom

9`8" x 7`9"

Kitchen

9`1" x 13`10"


Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Sep 30, 2026
ListedActive
$1,175,000
5 days on market
history photo preview41
Listing by pillar 9®
Property listed by REMAX Innovations, Brokerage
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Market Data - Parkhill

Geo Zone Map ThumbnailParkhill

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

12 days

Compared to

2025

0 day

2024

8 days

2023

37 days

New Listings

Past 30 days

4 listings

Compared to

2025

1 listing

2024

5 listings

2023

7 listings

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

2024

4 units

2023

2 units

Median Sold Price

Past 30 days

$820,000

Compared to

2024

$1,312,500

2023

$1,272,500


Population and Demographics

Overview

Total population 474
Average household income $274,248

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
22%
50 to 64
22%
65 and plus
15%

Household composition (%)

Single family
60%
Single person
34%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
French
2%
Mandarin
1%
German
1%
Spanish
1%

House tenancy (%)

Owners
70%
Renters
30%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget