1243 40 Avenue NW, Calgary photo 1 of 121 / 12
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Cambrian Heights · Calgary

1243 40 Avenue NW, Calgary

$729,000

Cambrian Heights, Calgary, Alberta T2K0G5 · MLS® A2355190

4
Bedrooms
2
Bathrooms
1,060
Sq ft above grade

+1,053 below

$688
Per sq ft

About This Property

Live in it, rent it, or reimagine it — the opportunity is yours in beautiful Cambrian Heights! Welcome to this charming bungalow nestled on a beautiful, tree-lined street in the desirable community of Cambrian Heights! Surrounded by towering mature trees, lush greenery and the warmth of an established neighbourhood, this property offers a wonderful blend of character, comfort and opportunity. Situated on an R-C2 zoned lot in a community experiencing continued redevelopment, this home presents exciting possibilities for homeowners, investors and those looking to explore future potential. Step inside and you'll immediately appreciate the abundance of natural light and the warm, welcoming atmosphere throughout. The bright and spacious main floor offers a generous living room with plenty of space to relax, entertain and gather with family and friends. The updated kitchen provides a functional and inviting space for everyday cooking and dining. Originally designed with three bedrooms on the main floor, the layout has been reconfigured to offer two generously sized bedrooms, providing additional space and comfort. An updated full bathroom, complete with washer and dryer hookups, adds everyday convenience to this thoughtfully laid-out home. The fully finished basement features an illegal 2-bedroom suite, offering even more flexibility and potential. Complete with its own kitchen, a full bathroom, two bedrooms and plenty of open living space, the lower level feels bright and welcoming with natural light throughout. Whether accommodating extended family or exploring potential rental income, this additional living space offers plenty of possibilities. Step outside to enjoy the beautifully landscaped and fully fenced backyard, a wonderful outdoor retreat surrounded by the greenery and mature trees that make this neighbourhood so special. There's plenty of room to entertain, garden, enjoy summer barbecues or simply unwind in your own backyard. The oversized 22' x 24' double detached garage offers plenty of room for parking, storage and all your outdoor essentials. Location is another standout feature! Cambrian Heights is known for its charming homes, mature tree-lined streets and welcoming community atmosphere. Enjoy being just minutes from Confederation Park, beautiful walking and biking pathways, schools, playgrounds, shopping and everyday amenities. With convenient access to major roadways and downtown Calgary, you'll enjoy the peaceful feel of an established neighbourhood while staying close to everything the city has to offer. With its inviting character, spacious layout, mature surroundings and future potential, this property offers something for everyone.

Secondary suite: 1 illegal suite

Location: Suite Attached/Within Primary Dwelling

Basement

An illegal suite is not registered with the city. It can affect insurance, financing and what you may legally rent out — ask before writing an offer.

Property Details

Interior

Bedrooms
4
Bathrooms
2 full
Rooms above grade
6
Above grade
1,060 sq ft
Main level
1,060 sq ft
Finished below grade
1,053 sq ft
Total finished
2,113 sq ft
Basement
Full · Finished
Laundry
In Basement, Multiple Locations, Upper Level

Interior features

  • Closet Organizers
  • Open Floorplan

Flooring

  • Carpet
  • Hardwood
  • Tile
  • Vinyl

Building

Property type
Detached
Structure
House
Style
Bungalow
Levels
One
Year built
1958
Front exposure
NE

Construction

  • Metal Siding
  • Stucco

Roof

  • Asphalt Shingle

Foundation

  • Poured Concrete

Heating, cooling & services

Heating
Forced Air, Natural Gas
Cooling
None

Parking

Garage
Double Garage Detached, Heated Garage, Oversized · 2 spaces
Garage size
22`0" x 24`0"
Total parking
4 spaces

Lot & outdoors

Lot size
5,500 sq ft
Acreage
0.13 acres
Frontage
55.09 ft
Fencing
Fenced

Lot features

  • Back Lane
  • City Lot
  • Landscaped
  • Standard Shaped Lot
  • Street Lighting

Outdoor living

  • Deck
  • Front Porch

Exterior features

  • Garden
  • Lighting
  • Private Yard

In the community

  • Golf
  • Park
  • Playground
  • Pool
  • Schools Nearby
  • Shopping Nearby
  • Sidewalks
  • Street Lights
  • Tennis Court(s)
  • Walking/Bike Paths

Costs & ownership

Annual property tax
$4,565 (2026)
Title
Fee Simple
Ownership
Private
Zoning
R-C2
Restrictions
Restrictive Covenant

Listing & availability

MLS® number
A2355190
Listed
Oct 28, 2026
Days on market
1
Possession
45 days / Neg, Negotiable
Listing office
eXp Realty

Included in the sale

Appliances: Dishwasher, Microwave Hood Fan, Refrigerator, Washer/Dryer

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling

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