1125 40 Street Sw, Calgary

$774,900

3 Beds
2 Baths
1,097 Sqft
.14 Acres
1 Garages

Welcome to the vibrant inner-city community of Rosscarrock, where opportunity meets lifestyle. This property is the perfect investment for builders, savvy investors, or those looking to buy and hold. Situated on a massive 50 x 124.8 ft lot on a quiet, tree-lined street, the home offers endless potential for redevelopment or continued income generation. With a desirable west-facing backyard, you’ll enjoy afternoon sun and the long-term value of one of Calgary’s most sought-after locations.
Inside, the home has been fully updated with modern conveniences, offering both comfort and peace of mind. Renovations include updated windows, furnace, kitchen, and bathrooms - ensuring all the major upgrades are already taken care of. The main floor boasts an inviting open-concept design, blending the living, dining, and kitchen areas seamlessly. With two spacious bedrooms and one full bath, this level offers functional everyday living with bright and airy charm.
The lower level is a fully finished, legal basement suite that provides a fantastic income opportunity. Featuring one bedroom, one bathroom, and a thoughtfully designed living space, this suite is ideal for generating rental income, housing extended family, or offsetting mortgage costs. Its legal designation makes it a secure investment with long-term earning potential in today’s market.
Step outside, for those who appreciate the beauty of a thoughtfully curated garden, this property is nothing short of extraordinary. The yard is a horticultural haven, featuring an abundance of fruit trees and berry bushes including cherry, plum, apple, gooseberry, raspberries, and even a saskatoon berry tree, complemented by a flourishing grape vine. Enhancing the natural charm are ornamental plantings such as a newly planted Bur Oak, an elegant Ivory Silk Lilac, an Amur Apple tree, and a majestic mature weeping birch that anchors the landscape. With a blend of productivity and beauty, this yard offers both a gardener’s dream and a serene outdoor retreat.
Whether you’re envisioning a new build, expanding your investment portfolio, or simply enjoying the benefits of a turnkey home with income potential, this Rosscarrock property delivers. Located within walking distance to the LRT, shopping, schools, and within minutes to the downtown core, it offers both convenience and growth potential. This is truly a rare opportunity to own a versatile property in a thriving Calgary neighborhood.

Essential Information
MLS® #A2256595
Price$774,900
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,097
Acres0.14
Year Built1959
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address1125 40 Street Sw
SubdivisionRosscarrock
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3C 1W6
Amenities
Parking Spaces2
# of Garages1
Parking

Parking Pad, RV Access/Parking, Single Garage Detached

Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementFinished, Full
FireplaceYes
# of Fireplaces1
FireplacesWood Burning
Interior Features

Ceiling Fan(s), Open Floorplan, Wood Counters

Appliances

Dishwasher, Dryer, Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer, Window Coverings

Exterior
Exterior FeaturesLighting, Rain Gutters
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Rectangular Lot

Additional Information
ZoningR-CG
Listing Details
OfficeCentury 21 Bamber Realty LTD.
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