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    1207 40 Avenue NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2317359

    1207 40 Avenue NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2317359

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    1207 40 Avenue NW
    Cambrian Heights Calgary T2K 0G3

    $749,900
    Residential beds: 5 baths: 2.0 1,229 sq. ft. built: 1957

    Main Photo: 1207 40 Avenue NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2317359
    Photo 1: 1207 40 Avenue NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2317359
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2317359
    Bedrooms:
    5
    Bathrooms:
    2
    Year Built:
    1957
    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:
    Possession Date:
    Suite:
    Yes
    Num Legal Suites:
    1
    Num Illegal Suites:
    0
    Home Style:
    Bungalow
    Total Living Area:
    1,229 sq. ft.
    Main Level Finished Area:
    1,229 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    1,109 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Acreage:
    No
    Lot Area:
    6,210 sq. ft.
    Lot Frontage:
    62'½"
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Front Exposure:
    North
    Reg. Size:
    Reg. Size Includes:
    Levels:
    One
    Total Rooms Above Grade:
    6
    Year built:
    1957 (Age: 69)
    Bedrooms:
    5 (Above Grd: 3)
    Bedrooms Above Grade:
    3
    Bedrooms Below Grade:
    2
    Bathrooms:
    2.0 (Full:2, Half: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" × 12'10"
    Main Floor
    Dining Room
    10'9" × 9'
    Main Floor
    Kitchen
    13'11" × 12'4"
    Main Floor
    Bedroom - Primary
    11'8" × 10'11"
    Main Floor
    Bedroom
    13'5" × 9'3"
    Main Floor
    Bedroom
    10'4" × 9'3"
    Lower Level
    Living Room
    19'6" × 15'2"
    Lower Level
    Kitchen With Eating Area
    13'11" × 12'4"
    Lower Level
    Bedroom
    17' × 10'10"
    Lower Level
    Bedroom
    12'6" × 8'6"
    Lower Level
    Den
    11' × 10'4"
    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:
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    Listed by CIR Realty
    Data was last updated June 20, 2026 at 06:05 AM (UTC)
    Area Statistics
    Listings on market:
    10
    Avg list price:
    $775,000
    Min list price:
    $495,000
    Max list price:
    $1,350,000
    Avg days on market:
    24
    Min days on market:
    8
    Max days on market:
    98
    Avg price per sq.ft.:
    $740.54
    These statistics are generated based on the current listing's property type and located in Cambrian Heights. Average values are derived using median calculations. This data is not produced by the MLS® system.
    CODY BATTERSHILL
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