4256 40 Avenue Nw, Calgary

$565,000

6 Beds
2 Baths
982 Sqft
.05 Acres
0 Garages

Welcome to the desirable community of Varsity, just a short three-minute walk to Market Mall. This bi-level duplex is the perfect opportunity for investors, featuring a legal basement suite and a strong rental history. Upstairs offers three bedrooms and one full bathroom, while the lower level includes another three bedrooms and one full bathroom, currently rented and generating $3,500 per month in rental income.

The home includes bright living and dining spaces, a large recreation room in the basement, a versatile storage room that can double as a den or office, and a spacious front deck to enjoy. Recent updates include a renovated basement and a newer roof (2014).

With a prime location near the University of Calgary, Foothills Hospital, LRT, Sir Winston Churchill High School, and just steps from Market Mall, this property checks all the boxes for a revenue property or future value growth. Best access is from the south end of Voyageur Drive through the back lane.

Essential Information
MLS® #A2250979
Price$565,000
Bedrooms6
Bathrooms2.00
Full Baths2
Square Footage982
Acres0.05
Year Built1971
TypeResidential
Sub-TypeSemi Detached
StyleSide by Side, Bi-Level
StatusActive
Community Information
Address4256 40 Avenue Nw
SubdivisionVarsity
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3A 0X1
Amenities
Parking Spaces2
ParkingOff Street, Parking Pad
Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementFinished, Full
Interior Features

No Animal Home, No Smoking Home, Pantry, Vinyl Windows

Appliances

Dryer, Electric Oven, Electric Stove, Refrigerator, Washer, Electric Cooktop

Exterior
Lot DescriptionBack Lane
RoofTar/Gravel
ConstructionWood Frame, Wood Siding
FoundationPoured Concrete
Exterior Features

Balcony, BBQ gas line, Playground, Private Entrance, Private Yard

Additional Information
ZoningR-CG
Listing Details
OfficeeXp Realty
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