1207 40 Avenue

For SaleMLS® #A2317359Pillar 9

$729,900

50 days on hômm

1207 40 Avenue

Cambrian Heights, Calgary, Alberta T2K 0G3

1207 40 Avenue in Cambrian Heights, Calgary — listing provided by Joel Gwillim

3+2

Beds

Baths

1,229

Sqft

1957

Built

ResidentialBungalowDetached Single Family

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Description

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.

Included with Sale

DishwasherElectric StoveMicrowaveRange HoodRefrigeratorWasher/Dryer Stacked

Nearby Amenities

ParkPlaygroundSchools NearbyShopping NearbySidewalksStreet Lights

Basement

Full,Finished,Separate/Exterior Entry

Parking

1 Garage

Heating

Forced Air

Cooling

None

Financial Information

Property Taxes

$4,109/year (2025)

Lot Information

Lot Size

6,210 sq ft

Acres

0.14

Width

62.04 ft

Back Lane

Rooms (13)

Main

Living Room

2,196 sq ft

55.8 × 39.4 ft (2,196 sq ft)

Dining Room

969 sq ft

32.8 × 29.5 ft (969 sq ft)

Kitchen

1,679 sq ft

42.7 × 39.4 ft (1,679 sq ft)

Bedroom - Primary

1,184 sq ft

36.1 × 32.8 ft (1,184 sq ft)

Bedroom

1,259 sq ft

42.7 × 29.5 ft (1,259 sq ft)

Bedroom

969 sq ft

32.8 × 29.5 ft (969 sq ft)

Zoning: R-CG

Location

Directions Open in Maps

MLS® #: A2317359

Listing provided by Joel Gwillim

Brokerage: CIR Realty

Photos: 38 images

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Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on July 21, 2026 at 3:13 pm MDT

Schools

Also nearby

St. Thomas AquinasElementary, Junior · Edmonton Catholic
259.2 km
Donald R. GettyElementary / Junior High · Edmonton Public
259.5 km
Dr. Lila FahlmanElementary / Junior High · Edmonton Public
259.6 km
Father Michael McCafferySenior High · Edmonton Catholic
260.2 km

Public-school zones from 2021 EPSB catchment boundaries; distances are straight-line. Always confirm enrolment with the school board.

Getting around

Transit

44 Street & Rollyview Road243.2 km
42 Street & Rollyview Road243.3 km
Heritage Valley Transit Centre262.4 km

Parks

Riverview Area Park 6Natural Area Park259.7 km
Chappelle Park 7Greenway259.4 km
Chappelle Park 1Pocket Park259.4 km

ETS stops and City of Edmonton parks data; distances are straight-line.

More on 40 Avenue NW

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About Cambrian Heights

The typical assessed value in Cambrian Heights is $764,500, across 737 homes.

Recently sold in Cambrian Heights Homes for sale in Cambrian Heights All of Calgary