Where East Meets West
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42406 SW Richmond Calgary, Alberta T2T5E4, Calgary , T2T5E4
Listing ID: A2321953 Just Listed
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$999,900
Price
1,705
Sq. Ft.
Built: 1956
Data last updated: June 17, 2026 at 02:12pm
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Property Description

2404 & 2406 Richmond Road SW. Excellent side-by-side, full-duplex in a premium Calgary neighborhood. Situated on a large 586 square meter R-CG zoned corner lot (H-GO optional)! Due to its unique lot shape, location, and laneway corner, this lot has superb redevelopment potential. Already in an approved LAP (local area plan), this option for H-GO zoning allows for greater build height, density, and stacked developments. With 90' of frontage, plus the laneway corner aspect, entrances & parking features can be placed in many more formats than on a traditional lot. Both sides of the duplex mirror each other, featuring numerous updates throughout including mechanical systems, roofing, stainless steel appliances, quartz countertops, cabinetry, & other finishes. 2 bedrooms up on each side, with developed basements & large mechanical/storage areas. Both units feature fully fenced & private yards with sunny South exposure. The pride of ownership is evident throughout, highlighted by the proven income history of these two properties. Completely turn-key and ready for the next owner. Offering not only excellent revenue potential but also an attractive opportunity for owner-occupied mortgage help. Located in a prime location encompassing all the inner city has to offer including multiple schools nearby, shopping, trendy nightlife and restaurants, and easy access to major amenities like MRU, U of C, SAIT, Foothills Hospital, Chinook Mall, & more! Rarely do properties like this come for sale. Can also be purchased along with the next door property (2408) for a combined frontage of 145'! Over $62,000 annual income. (id:26452)

House located at 42406 SW Richmond Calgary, Alberta T2T5E4. The property was built in 1956. It's is in the Richmond neighborhood. Richmond, and - are nearby neighbourhoods.
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Agent Contact: Michael Matt Phone: +14034618967
Listing Courtesy of: RE/MAX REAL ESTATE (CENTRAL)
Source: crea , MLS#: A2321953

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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment