107 40 Avenue NE, CALGARY

2025-09-12
 

Quick Summary

Location
107 40 Avenue NE, CALGARY, Alberta T2E2M6
Price
$999,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1220 sqft
Bedrooms:
2 bed +2
Bathrooms:
4
Year of Construction:
1910
Video Link:

MLS®#A2256063

Property Description

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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Park, Playground, Schools, Shopping

Building

  • Appliances: None, See remarks
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Features: Walk out, Suite
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Stucco, Wood siding
  • Fireplace: Yes
  • Flooring Type: Carpeted, Linoleum
  • Interior Size: 1220 sqft
  • Building Type: House
  • Stories: 1

Features

  • Feature: Treed, Other, Back lane

Land

  • Land Size: 634 m2|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: M-H1

Information entered by Royal LePage Benchmark
Listing information last updated on: 2025-09-12 17:20:25


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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April Isaac Associate

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homesbydabs@gmail.com
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