1207 40 Avenue NW
Cambrian Heights
Calgary
T2K 0G3
$729,900
Residential
beds: 5
baths: 2.0
1,229 sq. ft.
built: 1957
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2317359
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1957
- Photos (38)
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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 you’re 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 don’t sit still for long.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 1
- Num Illegal Suites:
- 0
- Home Style:
- Bungalow
- Total Living Area:
- 1,229 sq. ft.114 m2
- Main Level Finished Area:
- 1,229 sq. ft.114 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 1,109 sq. ft.103 m2
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 6,210 sq. ft.577 m2
- Lot Frontage:
- 62'½"18.9 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- North
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1957 (Age: 69)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms On Main:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Num Ensuite Baths:
- 0
- Plan:
- 9043HA
- Heating:
- Forced Air
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Concrete, Wood Siding
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Hardwood, Laminate, Tile
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 1
- Parking:
- Single Garage Detached, Stall
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement, In Bathroom, Lower Level, Main Level, Multiple Locations
- Northwest
- Cambrian Heights
- Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
- Lower level fridge, dishwasher, stove, washer, dryer
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 17'9"5.41 m × 12'10"3.91 m
- Main Floor
- Dining Room
- 10'9"3.28 m × 9'2.74 m
- Main Floor
- Kitchen
- 13'11"4.24 m × 12'4"3.76 m
- Main Floor
- Bedroom - Primary
- 11'8"3.56 m × 10'11"3.33 m
- Main Floor
- Bedroom
- 13'5"4.09 m × 9'3"2.82 m
- Main Floor
- Bedroom
- 10'4"3.15 m × 9'3"2.82 m
- Lower Level
- Living Room
- 19'6"5.94 m × 15'2"4.62 m
- Lower Level
- Kitchen With Eating Area
- 13'11"4.24 m × 12'4"3.76 m
- Lower Level
- Bedroom
- 17'5.18 m × 10'10"3.30 m
- Lower Level
- Bedroom
- 12'6"3.81 m × 8'6"2.59 m
- Lower Level
- Den
- 11'3.35 m × 10'4"3.15 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 6'6" x 10'4"
- Lower Level
- No
- 3
- 6'4" x 11'
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Built-in Features, Open Floorplan, Separate Entrance
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane
- Num. of Parcels:
- 0
- Fencing:
- Partial
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- R-CG
- Listed Date:
- Jun 08, 2026
- Days on Mkt:
- Signup
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Larger map options:
Listed by CIR Realty
Data was last updated July 28, 2026 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 6,802
- Avg list price:
- $549,900
- Min list price:
- $110,000
- Max list price:
- $10,750,000
- Avg days on market:
- 40
- Min days on market:
- 1
- Max days on market:
- 520
- Avg price per sq.ft.:
- $398.8
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MALVINDER TIWANA
- 403-830-5152
- 1 (403) 8305152
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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