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Suite 201, 120 2nd Ave NE, Airdrie, Alberta, T4B 2N2
(587) 874-5639info@maverickgroupyyc.com

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Used under license.

Maverick Group
Maverick Group
$729,900
MLS® A2317359

1207 40 Avenue NW

Calgary, AB T2K0G3 · Cambrian Heights · House · Active

1207 40 Avenue NWLocation map
Bedrooms5
Bathrooms2
Square Feet1,229
Property TypeHouse
Year Built1957
Stories1
Parking2
Lot Size577 square meters
Annual Taxes$4,109 (2025)
CommunityCambrian Heights
MLS® NumberA2317359

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. (id:57554)

Maverick Group · (587) 874-5639 · info@maverickgroupyyc.com
Suite 201, 120 2nd Ave NE, Airdrie, AB

Listing data courtesy of CREA DDF®. Deemed reliable but not guaranteed.

Photos — 1207 40 Avenue NW

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Back to Listings
Listed Jun 8, 2026· 21dHouse Cambrian HeightsMLS® A2317359

1207 40 Avenue NW

Calgary, AB T2K0G3

$729,900

5Bedrooms
2Bathrooms
Call Book a Tour

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1,229
Sq. Ft.
2Parking
1957Year Built
1Stories
HouseType

About This Property

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. (id:57554)

Property Details

MLS® NumberA2317359
Property TypeHouse
Year Built1957
Bedrooms5
Bedrooms Above Grade3
Bedrooms Below Grade2
Bathrooms2
Square Footage1,229 ft²
Parking Spaces2
Stories1
Lot Size577 square meters
Lot Dimensions577.00
Annual Taxes$4,109 (2025)
CommunityCambrian Heights
CityCalgary
Postal CodeT2K0G3

Features & Amenities

Heating

Forced air

Cooling

None

Basement

FinishedFullSeparate entranceSuite

Parking

Detached Garage

Construction

Poured concrete

Exterior

ConcreteWood siding

Architecture

Bungalow

Appliances

RefrigeratorDishwasherStoveMicrowaveHood FanWasher/Dryer Stack-Up

Location

Get directions

1207 40 Avenue NW, Calgary, AB

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is deemed reliable but not guaranteed accurate by CREA.

$729,900

1207 40 Avenue NW

MLS® NumberA2317359
Bedrooms5
Bathrooms2
Square Footage1,229 ft²

Community

Cambrian Heights

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Mortgage Estimate

Estimated monthly payment

$3,596/mo

10% down · 4.09% rate · 25yr amort

Down Payment

Interest Rate

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