All photos · 41
203 42 Avenue SW
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!
- Listed
- Sep 30, 2026
- Property type
- Full Duplex
- Year built
- 1961
- Parking total
- 4
- Basement
- Full
- Heating
- Forced Air
- Cooling
- None
| Bedroom | Main | 9'8" x 10'8" |
| Bedroom - Primary | Main | 12'5" x 13'3" |
| 4pc Bathroom | Main | 9'8" x 7'9" |
| Kitchen | Main | 9'1" x 13'10" |
| Dining Room | Main | 10'11" x 7'6" |
| Living Room | Main | 17'3" x 14'5" |
| Bedroom | Main | 9'8" x 10'4" |
| Bedroom | Suite | 11'0" x 7'9" |
| 4pc Bathroom | Suite | 7'7" x 6'8" |
| 4pc Bathroom | Suite | 7'10" x 6'2" |
| Bedroom | Suite | 9'9" x 12'11" |
| Bedroom | Main | 10'8" x 9'8" |
| Bedroom | Main | 10'4" x 9'9" |
| Bedroom - Primary | Main | 13'3" x 12'2" |
| 4pc Bathroom | Main | 7'6" x 9'8" |
Measurements deemed reliable but not guaranteed.
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$5,772
Down payment: $235,000 · Loan: $940,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
REMAX Innovations · Listing agent Karlee Mushie
MLS®# A2348856 · Last modified 2026-09-30
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™.
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All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.
James Hughes, REALTOR® · CIR Realty