111 42 Avenue Ne, Calgary

$679,900

5 Beds
2 Baths
1,149 Sqft
.14 Acres
1 Garages

FANTASTIC OPPORTUNITY for investors, builders, or homeowners looking for flexibility and future potential! Situated on a full-size 50’ x 120’ builder’s lot with a south-facing backyard and walkout basement potential, this bungalow offers endless possibilities - rebuild, or move in and enjoy immediately. The updated bungalow features renovated kitchens with durable quartz countertops, stainless steel appliances, and updated bathrooms designed for both style and easy maintenance. Hardwood flooring on the main level, complemented by newer windows, and an abundance of natural light pouring in from the sunny south-facing windows. A truly unique feature of this home is the double-sided fireplace, creating a warm and inviting ambiance shared between the living room and the primary bedroom. The main floor offers three spacious bedrooms, a functional layout, and comfortable living spaces ideal for families. Downstairs, the City-registered LEGAL secondary suite provides exceptional income potential. Complete with its own full kitchen, two bedrooms, and separate living space, it offers the flexibility to live up and rent down, accommodate extended family, or maximize cash flow by renting both levels. Enormous south-facing backyard with fire pit and hobby garden is great for families. The prime location offers incredible convenience - just a 10-minute drive to downtown or an easy commute via public transit along Centre Street. Whether you’re searching for a great investment property, a redevelopment opportunity, or a move-in-ready home with mortgage-helper income (Legal basement suite), this property delivers unmatched versatility and value. Don’t miss your chance to secure this exceptional opportunity

Essential Information
MLS® #A2320384
Price$679,900
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,149
Acres0.14
Year Built1955
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address111 42 Avenue Ne
SubdivisionHighland Park
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2E 2N5
Amenities
Parking Spaces2
ParkingSingle Garage Detached
# of Garages1
Interior
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFull
FireplaceYes
# of Fireplaces1
Interior Features

Quartz Counters, Separate Entrance, Vinyl Windows

Appliances

Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer

Fireplaces

Double Sided, Gas, Living Room, Primary Bedroom

Exterior
RoofAsphalt Shingle
ConstructionStucco
FoundationPoured Concrete
Exterior Features

Dog Run, Fire Pit, Private Yard

Lot Description

Back Lane, Dog Run Fenced In, Gentle Sloping, Landscaped, Rectangular Lot

Additional Information
ZoningR-CG
Listing Details
OfficeTREC The Real Estate Company
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