Rosscarrock, Calgary · MLS® A2335944
324
738 sq ft · 500 m² lot · House · Single Family · built 1951 · 73 days on market
listed by Ross Pavl, eXp Realty
PRIME ROSSCARROCK REDEVELOPMENT — DP-APPROVED & READY TO BUILD! Exceptional opportunity for builders, developers, and investors in one of Calgary's fastest-evolving inner-city communities. Development Permit approved for a striking 2-storey semi-detached infill featuring 3 bedrooms per side, PLUS 2-bedroom legal secondary suites and detached garages — delivering over 2,000 sq ft above grade per side (subject to City/Municipality approvals and permitting). Skip years of planning and step directly into a shovel-ready project on an affordable inner-city lot.HOLD NOW, BUILD LATER: The existing home generates immediate income with a 2-bedroom main floor and a 1-bedroom basement suite (illegal) — a perfect mortgage helper while you finalize your build plans. Recent updates include roof (2019) and hot water tank (2024).UNBEATABLE LOCATION: Walk to public and Catholic schools, Westbrook Mall (Walmart, Safeway & more), and transit including Westbrook LRT and 45 Street LRT — putting downtown, University of Calgary, SAIT, Mount Royal University, and the vibrant 17th Avenue shops and restaurants just minutes away. Opportunities like this — location, approvals, and holding income in one package — don't come often.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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Rapid transit: Westbrook CTrain station, 600 m (about 9 min walk); 45 Street CTrain station, 700 m (about 10 min walk).
$618,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $618,500 |
| 2025 | $609,000 |
| 2024 | $534,000 |
| 2023 | $483,500 |
| 2022 | $435,500 |
| 2021 | $432,000 |
| 2020 | $419,000 |
| 2019 | $463,500 |
From City of Calgary open data (property assessments), matched to 1610 40 ST SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $4,113 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $4,112 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: Westbrook CTrain station, 600 m (about 9 min walk); 45 Street CTrain station, 700 m (about 10 min walk).
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 6 grocery stores, 23 places to eat or drink, 2 cafes, 10 parks and playgrounds, 1 school, 3 pharmacies, 31 transit stops.
mihom score from OpenStreetMap places, by straight line distance.