$729,900
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1207 40 Avenue Nw, Calgary, AB T2K0G3

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5 Beds
2 Baths
1,229 Sq Ft

A smart home purchase is one thing. But a home that pays you back every single month? That changes the conversation. Sitting on a massive 62 foot wide lot with a sun-soaked south backyard, this upgraded and fully suited 5 bedroom bungalow blends lifestyle, flexibility and income potential into one compelling opportunity. Whether youre a growing family, investor or young buyer looking to offset your mortgage, this is the kind of property that makes financial sense without sacrificing comfort. Inside, this home has undergone a thoughtful refresh featuring charming refinished hardwood floors, repainted walls and replaced Lux windows throughout. The main living + dining spaces flow together seamlessly, creating an inviting setting for everyday life and entertaining alike. The bright kitchen delivers timeless style with herringbone flooring, crisp white cabinetry, subway tile backsplash and a corner stove framed by a sleek hood fan. The primary bedroom comfortably fits a king-sized bed and offers a spacious dual-door closet, while two additional guest bedrooms and a beautifully maintained 4-piece bathroom with stacked laundry complete the upper level. Downstairs, the fully contained 2 bedroom + den opens the door to incredible versatility with approximately $4, 000/month in combined income potential. Large egress windows flood the lower level with natural light while the spacious layout, kitchenette, separate laundry and dedicated 3-piece bathroom create a comfortable space tenants or extended family will genuinely enjoy. Outside, the oversized single garage is complemented by an RV gate and additional parking stall designated for the lower-level occupant - a rare and valuable bonus. All this in a central location just 15 minutes to downtown and walking distance to Nose Hill Park, Confederation Park and an off-leash dog area. Opportunities with this much flexibility, functionality and upside dont sit still for long. (id:58753)

Listing By: Joel Gwillim - CIR Realty cncrea2 Realty.com
  • MLS® A2317359
  • Date Listed06/08/2026
  • Days on Realty 50 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size 6,211 sq. ft
  • Subdivision Cambrian Heights
  • Year Built 1957
  • Square Feet 1,229 sq. ft
  • Price Per Sq. Ft $593.9

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Microwave, Hood Fan, Washer/ Dryer Stack- Up
  • Flooring Tile, Hardwood, Laminate, Carpeted
  • Cooling None
  • Heating Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 6,210.78
  • Lot Features Back lane

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T2K0G3

Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.

Walkability in AB / T2K0G3

Source: Walk Score

65/100

Somewhat Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

81/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

25 nearby routes: 25 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 55/100, Bike Score: 73/100.

Points of Interest near 1207 40 Avenue NW, Calgary, AB T2K0G3

Frequently Asked Questions for 1207 40 Avenue NW

Source: Realty.com

1207 40 Avenue NW, Calgary, AB T2K0G3 in Cambrian Heights, Calgary, AB T2K0G3 is a single family residence listed at $729,900. Highlights include 5 bedrooms, 2 bathrooms, 1,229 sq. ft., built in 1957, $594 per sq. ft.. Realty.ca has 38 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 38 photos of 1207 40 Avenue NW.

Our records indicate that 1207 40 Avenue NW was built in 1957.

The full address for this home is 1207 40 Avenue NW, Calgary, AB T2K0G3.

1207 40 Avenue NW has been listed on Realty.com since Mon June 08, 2026

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 55/100, Bike Score: 73/100.

Listing provided courtesy of: CIR Realty
Listing agent: Joel Gwillim

This content last refreshed on 2026-07-28 18:41:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.