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Home Communities Highland Park 111 42 Avenue NE
$659,900 Active
111 42 Avenue NE · Calgary · T2E 2N5
5 bd 2.0 ba 1,149 sqft $574/sqft Built 1955
MLS® A2320384 · Listed Jun 12, 2026
Listed by TREC The Real Estate Company — Chao Liang
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $574
vs Highland Park median +7% community avg $618K
Sqft per bedroom 230
Year built 1955
Annual taxes $4,715 2026
Garage 1 space
$/sqft distribution

Where this listing sits in Highland Park

Of 27 active residential listings in Highland Park, this property at $574/sqft sits in the $550–600 range.
$200–$250/sqft · 2 listings $250–$300/sqft · 0 listings $300–$350/sqft · 0 listings $350–$400/sqft · 3 listings $400–$450/sqft · 4 listings $450–$500/sqft · 2 listings $500–$550/sqft · 6 listings $550–$600/sqft · 2 listings $600–$650/sqft · 0 listings $650–$700/sqft · 1 listing $700–$750/sqft · 3 listings $750–$800/sqft · 1 listing $800–$850/sqft · 3 listings $200 $300 $400 $500 $600 $700 $800 $850 This · $574
Other active listings This listing's price range This listing

About this property

FANTASTIC OPPORTUNITY for investors, builders, or homeowners looking for flexibility and future potential! Situated on a full-size 50’ x 120’ builder’s lot with a south-facing backyard and walkout basement potential, this bungalow offers endless possibilities - rebuild, or move in and enjoy immediately. The updated bungalow features renovated kitchens with durable quartz countertops, stainless steel appliances, and updated bathrooms designed for both style and easy maintenance. Hardwood flooring on the main level, complemented by newer windows, and an abundance of natural light pouring in from the sunny south-facing windows. A truly unique feature of this home is the double-sided fireplace, creating a warm and inviting ambiance shared between the living room and the primary bedroom. The main floor offers three spacious bedrooms, a functional layout, and comfortable living spaces ideal for families. Downstairs, the City-registered LEGAL secondary suite provides exceptional income potential. Complete with its own full kitchen, two bedrooms, and separate living space, it offers the flexibility to live up and rent down, accommodate extended family, or maximize cash flow by renting both levels. Enormous south-facing backyard with fire pit and hobby garden is great for families. The prime location offers incredible convenience - just a 10-minute drive to downtown or an easy commute via public transit along Centre Street. Whether you’re searching for a great investment property, a redevelopment opportunity, or a move-in-ready home with mortgage-helper income (Legal basement suite), this property delivers unmatched versatility and value. Don’t miss your chance to secure this exceptional opportunity

Property details

Bedrooms5
Bathrooms2.0
StyleBungalow
HeatingForced Air,Natural Gas
CoolingNone
FlooringHardwood,Laminate,Tile,Vinyl
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresQuartz Counters,Separate Entrance,Vinyl Windows
AppliancesDishwasher,Electric Stove,Microwave Hood Fan,Refrigerator,Washer/Dryer
InclusionsBasement appliances: Refrigerator, Range Hood Fan, Electric Stove. Window coverings As-is, Backyard shed As-is
LaundryIn Basement
Lot size6017.00 sqft
Frontage50.04 ft
Lot featuresBack Lane,Dog Run Fenced In,Gentle Sloping,Landscaped,Rectangular Lot
Exterior featuresDog Run,Fire Pit,Private Yard
FencingFenced
PatioDeck
Year built1955
Construction materialsStucco
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresSingle Garage Detached
Garage spaces1
Parking total2
Annual taxes$4,715
Tax year2026
Possession15 Days / Neg
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodHighland Park
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

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About Highland Park

AI-generated summary

A quiet, established inner-city community with a warm, unpretentious character and tree-lined streets that reflect its working-class roots and growing appeal among younger buyers.

Located approximately 5 km north of downtown Calgary
Borders communities of Tuxedo Park, Greenview, and Thorncliffe
Community association active in neighbourhood events and green space stewardship
Housing
Predominantly pre-1960s bungalows and character homes, with an increasing number of infill duplexes and semi-detached properties replacing older stock.
Transit
Well-served by Calgary Transit bus routes along Centre Street and 4th Street NE, with reasonable access to the CTrain network for commuters heading downtown.
Amenities
Residents enjoy proximity to Highland Park's own green spaces, Nose Hill Park to the northwest, and the shops and restaurants along Centre Street and 16th Avenue NE.
Who lives here
A mix of long-time homeowners, young families, and first-time buyers drawn by relative affordability and a central location close to downtown Calgary.
Full Highland Park community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: TREC The Real Estate Company — Chao Liang.