107 40 Avenue NE Calgary AB T2E2M6 MLS #A2256063

107 40 Avenue NE
Calgary, AB, T2E2M6
$999,900
4 Beds
4 Baths
1,219 SqFt
0.16 Acres
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Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57′ x 120′ (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 – see rendering in photos which encapsulates both lots. Call for more information.

Property Details

Price:
$999,900
MLS #:
A2256063
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Highland Park
Listed Date:
Sep 12, 2025
Finished Sq Ft:
1,219
Lot Size:
6,824 sqft / 0.16 acres (approx)
Year Built:
1910
Highland ParkFinished,full,suite,walk-out To GradeBack Lane,back Yard,backs On To Park/green Space,corner Lot,rectangular Lot,sloped,treed

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Schools

Interior

Appliances
None, See Remarks
Basement
Finished, Full, Suite, Walk- Out To Grade
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
In Basement

Exterior

Exterior Features
Balcony, Private Yard
Lot Features
Back Lane, Back Yard, Backs on to Park/Green Space, Corner Lot, Rectangular Lot, Sloped, Treed
Parking Features
Double Garage Detached, Driveway, Off Street, Paved
Parking Total
5
Patio And Porch Features
Balcony(s), Patio
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Oct 04, 2025
4,385
Single Family Listed
43
Avg DOM
474
Avg $ / SqFt
$827,817
Avg List Price

Property Summary

    Located in the Highland Park subdivision, 107 40 Avenue NE Calgary AB is a Single Family for sale in Calgary, AB, T2E2M6. It is listed for $999,900 and features 4 beds, 4 baths, and has approximately 1,219 square feet of living space, and was originally constructed in 1910. The current price per square foot is $820. The average price per square foot for Single Family listings in Calgary is $474. The average listing price for Single Family in Calgary is $827,817. To schedule a showing of MLS#a2256063 at 107 40 Avenue NE in Calgary, AB, contact your Real Broker agent at 403-903-5395.

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107 40 Avenue NE
Calgary, AB
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