Residentiae.
For Sale · Calgary

2028-2032-2040 42 Avenue SW

Calgary · T2T2M7

$6,000,000

Bedrooms
Bathrooms
Parking
5,100Sq Ft

About this residence

Land assembly comprising a building, home, and vacant lot in a prime location within the highly sought-after community of Altadore. This 200 × 122.8 ft parcel (24,550 sq ft) offers a mix of commercial and multifamily zoning—C-N2 and R-CG for the existing home. Ideal for a long-term hold or a wide range of redevelopment opportunities. Current business is not included in the sale! (id:61366)

Property details

Property type
Other
Style
Commercial Mix
Living area
5,100 sq ft
Lot size
1140.00
Year built
1953
Annual tax
$37,545
MLS®
A2273357
Board
Calgary
Status
Active
Listed
Dec 1, 2025
Updated
May 31, 2026

Features & finishes

Exterior

  • Stucco
  • Wood siding

Financing

Mortgage calculator

Estimated monthly payment

$28,060/mo

Amortization

Loan amount

$4,800,000

Down payment

$1,200,000

Estimate only. Rates and terms vary by lender and qualification.

Powered by Lenderoo.ca

Location & area

Calgary

About the area

Census · T2T
30,791
Population
36
Median age
$93,000
Median income
$710,000
Median home value
53%
Home ownership
22 min
Avg. commute

Age distribution

0–14
15%
15–24
11%
25–44
39%
45–64
24%
65+
11%

Tenure

53% owners47% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 2028-2032-2040 42 Avenue SW?

2028-2032-2040 42 Avenue SW is listed for $6,000,000, in Calgary.

What type of home is 2028-2032-2040 42 Avenue SW?

2028-2032-2040 42 Avenue SW is a Other, Commercial Mix, built in 1953.

How large is 2028-2032-2040 42 Avenue SW?

The home offers approximately 5,100 sq ft of living space on a lot measuring 1140.00.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $28,060. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $37,545 per year.

What is the Calgary area like?

Calgary has a population of about 30,791, a median age of 36, a 53% home-ownership rate, with an average commute of about 22 minutes.

What is the average home value in Calgary?

The median dwelling value in this area is approximately $710,000, based on census data via Neighbourly.

What is the median household income in Calgary?

The median household income in this area is approximately $93,000.

Private viewings

Arrange a private viewing of 2028-2032-2040 42 Avenue SW.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

Explore more homes