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DuplexActive

Parkhill · Calgary

203 42 Avenue SW, Calgary

$1,175,000

Parkhill, Calgary, Alberta T2S1A7 · MLS® A2348856

8
Bedrooms: 4
Bathrooms: 2,684
Sq ft above grade: $438
Per sq ft

About This Property

RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary's most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside. Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location. Unit 203A (3 Bedroom, 1 Bathroom) has been recently updated with new stainless steel appliances. Whether you're looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes. Opportunities like this are rare. You could live in one unit and rent the other 3 units, or hold this property as a 4 unit rental building. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill!

View the virtual tour

Secondary suite: 2 illegal suites

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: 8
Bathrooms: 4 full
Rooms above grade: 9
Above grade: 2,684 sq ft
Total finished: 2,684 sq ft
Basement: Full · Finished
Fireplaces: 1 fireplace
Laundry: In Unit, Laundry Room, Multiple Locations

Interior features

Kitchen Island
Laminate Counters
Storage

Flooring

Hardwood
Laminate
Linoleum
Tile
Vinyl Plank

Fireplace

Wood Burning

Building

Property type: Duplex
Structure: Duplex
Style: Attached-Side by Side, Bungalow
Levels: One
Year built: 1961
Front exposure: N
Entry level: 1
Common walls: 1 Common Wall

Construction

Stucco
Wood Frame

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: Driveway, Single Garage Attached · 2 spaces
Garage size: 15`9" x 21`11"
Total parking: 4 spaces

Lot & outdoors

Lot size: 6,845 sq ft
Acreage: 0.16 acres
Frontage: 65.03 ft
Fencing: Partial

Lot features

Front Yard
Low Maintenance Landscape

Exterior features

Private Yard

In the community

Park
Playground
Schools Nearby
Shopping Nearby
Walking/Bike Paths

Costs & ownership

Annual property tax: $4,968 (2025)
Title: Fee Simple
Ownership: Private
Zoning: R-CG
Restrictions: None Known

Listing & availability

MLS® number: A2348856
Listed: Sep 30, 2026
Days on market: 9
Possession: Subject To Tenancy
Listing office: REMAX Innovations

Included in the sale

Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer

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

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

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Estimated Monthly Cost

$5,611.42/mo

Mortgage: $5,197.42
Property tax: $414.00

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Listed by REMAX Innovations

Data provided under license by Pillar 9™.

Listing data updated Sep 30, 2026, 2:15 a.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation